Receptive Capital Blog
Opinions and updates on the East Coast cannabis markets.
Cannabis Beverages at Thanksgiving 2023
Before you declare your Thanksgiving shopping done, go pick up some cannabis beverages at the dispensary (or gas station, grocery store or liquor store if you're living in a state that realizes this is where social beverage consumption is headed).
After Ohio Legalizes, How Many Americans 21 and Over Have Access to Legal Cannabis?
There are a lot of stats being thrown around regarding what percentage of Americans now have access to legal cannabis. We took a look at some basic data from the US Census to arrive at some estimates of our own.
Last Prisoner Project's 5th Annual Holiday Letter Drive
Beyond investing in a diverse set of entrepreneurs, we provide opportunities for our members to discover and participate with organizations who fight for diversity, equity and inclusion in the cannabis industry. In our opinion, the Last Prisoner Project's Annual Holiday Letter Drive is one of the most well thought out and well executed social justice campaigns in the cannabis industry.
The Operator Perspective Mitigates Risk
The ability to conduct due diligence through the lens of an operator enables the operator to, among other things, ask the tough questions, manage growth expectations and provide the entrepreneur with more useful feedback.
Converting Demand vs. Creating Demand
Investing in the cannabis space, quite often I receive the question “why did you choose to focus your investment group on cannabis?”
Hemp Derived Beverage Availability
Regarding cannabis beverages, I would prefer to see regulators focus on regulating the PRODUCTS to ensure the consumers that desire them have SAFE access to them. Consumers have demonstrated demand for these products. Banning them is not the move.
I Just Enjoy The Plant. It’s As Simple As That.
During Kevin Durant’s interview at Game Plan by CNBC and Boardroom, he said, referring to cannabis, “Everyone does it, to be honest, it’s like wine at this point”. This was the line most media outlets lifted. But the line that I remember most is…“I just enjoy the plant. It’s as simple as that.”
Updated Thoughts on Social Consumption Lounges: Summer 2023
The premise behind separate, stand-alone cannabis social consumption lounges is flawed. Cannabis use in social settings will have to become more nuanced for the type of environment the social use is taking place. The East Coast markets have yet another opportunity to lead by redefining social consumption for cannabis.
Celebration at a Cannabis Control Board Meeting in NY
Celebration at the Cannabis Control Board meeting today was so great to see. Plenty of work to do but it's safe to say the market is working out the kinks and heating up.
The Cannabis Terminology Style Guide
When you join the cannabis industry, the terminology is pretty daunting. The good people at Oaksterdam University have created a very useful tool called the "Cannabis Terminology Style Guide". This style guide is designed for use in academia and by any journalist, reporter, writer, or public relations professional.
New Trainings and Certifications from Vangst, Trym and More
We get real excited when two industry pioneering companies come together to create trainings and certifications to level up the cannabis workforce.
Why Are We Asking Consumers to Memorize Chemical Compounds?
I've been in the cannabis industry for years now and I'm getting a little impatient with "Terpenes are the future of how consumers will buy cannabis" theory. We don't have to create our own lexicon and confuse consumers. Lavender, gas, citrus, pine, pepper, etc. These are all words consumers use that they understand.
Maryland Launching Legalized Cannabis Sales
Maryland joins the 21st century tomorrow and legalizing adult use cannabis for adults 21+. We celebrate each new state that legalizes medical and adult use cannabis, but especially those located on the East Coast.
Buyer’s Club 2 in Hudson, NY
Buyer's Club by On The Revel in Hudson, NY last week was so good. I wish I had more clever words but that's it. The feeling I've had so many times over the past 5 years of "I can't wait until events like this happen in New York" came full circle. The only thing I have to wait for now is the next one.
Sending Updates To Our Membership
Four times a year we send out an update to our entire membership. This is a chance for us to communicate with everyone who has shown interest in our thesis and investment strategy.
Trustworthy Advisors for Early Stage Cannabis Companies
Receptive Capital advisory practice is focused on early stage companies in the cannabis industry. Our collective experiences punch above their weight class for this group of companies. We offer our services to a wide range of industry sectors from cultivation to software companies and everything in between.
Do You Have Your Eye on the 2023 Farm Bill? You Should.
SAFE banking is getting all of the federal reform headlines but the 2023 Farm Bill presents an equally impactful opportunity for the 50 state markets in the US.
Cannabis Companies Planning to Raise Capital from Equity Investors in 2023
Some thoughts for cannabis companies planning to raise capital from equity investors in 2023.
A Multi-Dimensional Regional Cannabis Market Landscape on the East Coast
We envision a multi-dimensional regional market landscape on the east coast within the next 5 years. These regional and hyper-regional markets will be driven by consumer demands for products that fit their way of life and deliver the value they seek.
Sensors for Cannabis Growers from Trym
Trym is a example of a company that has built intelligent software that provides elegant solutions to cannabis cultivation challenges. Their software integrates with the top of the line cultivation hardware available today.