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AZ Tech Roundtable 2.0

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by Matt Battaglia

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AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: http://aztrtshow.com/ Please Subscribe. Thanks for Listening. - More Info: https://www.economicknight.com/azpodcast/

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Recent Episodes

June 22, 2026

Why Data Centers Are Becoming America's New Industrial Backbone w/ Tom Sullivan of Air2O - AZ TRT S07 EP09 (291) 6-14-2026

Why Data Centers Are Becoming America's New Industrial Backbone w/ Tom Sullivan of Air2O - AZ TRT S07 EP09 (291) 6-14-2026 What We Learned This Week 1. AI Is Creating One of the Largest Infrastructure Booms in History The AI revolution isn't just software. It requires: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> physical buildings</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> massive electrical systems</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cooling infrastructure</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> energy innovation</li> </ul> The data center buildout may become one of the biggest infrastructure projects ever undertaken. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> 2. Cooling Technology Is Becoming Just as Important as Computing Power The future winners in AI may not only be software companies. Engineering and thermal management firms could become critical infrastructure players. Cooling is no longer an afterthought: it's now central to AI scalability. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> 3. Arizona Is Quietly Becoming a Strategic Technology Hub Arizona's: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> land</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> climate</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> business environment</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> power infrastructure are making it increasingly attractive for:</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> semiconductors</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> data centers</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> advanced manufacturing</li> </ul> Phoenix continues evolving into a major technology corridor. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> 4. Many Public Narratives Around Data Centers Are Outdated The perception that modern data centers waste massive amounts of water may no longer reflect reality. Modern facilities: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> increasingly use closed-loop systems</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> focus on efficiency</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> consume more electricity than water</li> </ul> The real long-term challenge may actually be: grid power generation. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> 5. Nuclear Energy May Return Through AI Demand AI could accelerate adoption of: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> SMRs</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> localized nuclear power</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> next-generation energy systems</li> </ul> Technology growth may revive public discussions around nuclear power in ways not seen in decades. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> <img src= "//assets.libsyn.com/show/333191/AZ_TRT_-__Air_20__-_Tom_S_-_6-2026.png" alt="" width="1340" height="754" /> Guest: Tom Sullivan, CEO & Co-Founder of Air2o LinkedIn: <a href= "https://www.linkedin.com/in/tom-sullivan-491706b4/">https://www.linkedin.com/in/tom-sullivan-491706b4/</a> Bio: Tom is a seasoned leader with a diverse background, rooted in military service and later refined in the civilian sector. Commencing his professional journey in 2007 with enlistment in the British Army. Graduating from the Military College of Leadership & Development in Harrogate, he went on to pursue advanced studies in Electrical Engineering at the Military College of Electronic & Aeronautical Engineering. His operational deployments, spanning both peace and wartime roles, equipped him with invaluable experience. Tom served as a pivotal military liaison to civilian weapons development contractors, specializing in diverse missile platforms, including ground-to-air and ground-to-ground systems. Recognition for his exceptional service came as he was awarded a Commander's Commendation for his work on a mission-critical system and process development project he led in Afghanistan. Beyond the battlefield, Tom further underlined his pursuit of excellence and commitment to professional development by achieving accreditation by the Institute of Leadership and Management (ILM). In 2014, Tom brought his wealth of experience to the fledgling startup Air2O, joining the three-person company as the Operations and Project Management Lead. His role evolved, culminating in his appointment as Chief Operating Officer in 2020. In this capacity, Tom led a management team responsible for the development and implementation of foundational processes and routines, encompassing HR, recruitment, retention, IT management, Health and Safety, and Vendor management. Under Tom's operational guidance, Air2O witnessed substantial growth, expanding from a modest three-person team in 2014 to a multinational workforce of over 100 employees across four countries today. His initiatives included implementing modern Quality Management Systems (QMS) and Project Management (PM) techniques, culminating in the recent ISO 9001 company accreditation with zero non-conformances reported during external assessment. Website: <a href="https://air2o.com/about-us/">https://air2o.com/</a> Air2O is a global leader in advanced thermal management solutions to the mission critical environments of Data Centers, Indoor Agriculture/Cultivation and large Industrial Facilities such as Lithium Battery and Semi-Conductor production globally. With custom build capabilities, a culture of creative engineers and an infrastructure to support the manufacture of the most innovative of solutions, Air2O aims to deliver the most efficient and optimal solutions for our clients globally. Air2O is an Eren Groupe company, a multi billion organization based in Luxembourg whose mission is to support innovative technological solutions in the fields of renewable energy production, energy conservation and energy storage. Together, we deliver a unique solution for highly efficient, ecologically sound thermal management systems that can be deployed cost-effectively in the most demanding environments. Our reach spans North America, EMEA, and Asia Pacific, emphasizing custom-engineered solutions prioritizing efficiency and sustainability. We stand proud as Arizona's exclusive low dew point HVACD system manufacturer. About Air20 Company Focus "Thermal Management Without Compromise" Industries served: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> data centers</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> semiconductors</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> pharmaceuticals</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> healthcare</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> lithium industry</li> </ul> Growth Story <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> 3 employees in 2017</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> 150+ employees today</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> rapid scaling after COVID</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> fueled by VC and private equity investment</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Episode Theme The future of data centers, cooling technology, AI infrastructure, and why Arizona has become a major hub for next-generation digital infrastructure. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Segment 1 — What Data Centers Really Are Core Concepts <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Data centers have existed for more than 30 years, but the explosion of:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> the Internet</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cloud computing</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> smartphones</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> AI has dramatically increased demand.</li> </ul> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Society now depends on massive amounts of digital infrastructure to support:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> computers</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cell phones</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cloud applications</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> AI processing</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> streaming</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> business systems</li> </ul> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Tom Sullivan predicts that within a few years:</li> </ul> 40–50% of the population may live within 5 miles of a data center. What a Data Center Looks Like <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Usually located in industrial areas</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Large buildings with few or no windows</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Inside are:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> server racks</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> data halls</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> GPUs</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> backup batteries</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> power systems</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cooling infrastructure</li> </ul> </ul> The Biggest Challenge: Heat <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Servers consume enormous electricity and generate significant heat.</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Cooling systems can account for:</li> </ul> roughly 30% of a data center's electricity usage. Evolution of Cooling Traditional Cooling <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Similar to a computer fan system</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Cool air pushed in, hot air pulled out</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Older facilities maintained temperatures around 72°F</li> </ul> Modern Efficiency <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Newer facilities can safely operate in the 90°F range.</li> </ul> Immersion Cooling <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Servers submerged in special cooling fluid (not water)</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Highly efficient but:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> expensive</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> difficult to maintain</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> operationally complex</li> </ul> </ul> Direct-to-Chip Cooling <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Emerging next-generation solution</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Liquid cooling piped directly to processor chips</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> More efficient and scalable for AI workloads</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Segment 2 — The AI Infrastructure Boom Why Cooling Matters More Now AI workloads require: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> far more computing power</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> denser server environments</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> advanced thermal management</li> </ul> Cooling Technology Timeline <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Immersion cooling gained momentum around 2020</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Direct-to-chip cooling accelerated around 2023</li> </ul> Historic Infrastructure Buildout Tom discussed the scale of current infrastructure spending: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Estimated global data center infrastructure investment:</li> </ul> $7 trillion Comparisons: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> 12x the U.S. roadway network cost</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> 23x the Apollo moon mission cost</li> </ul> Who Is Investing? Major technology companies are driving this expansion: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Microsoft</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Amazon</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> NVIDIA</li> </ul> Investment areas include: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> data centers</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> utilities</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> energy</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> construction</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> AI infrastructure</li> </ul> Air20 Company Background Origins <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Started in 2012 as a part-time engineering company</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Specialized in:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> thermal management</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> data centers</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> semiconductor facilities</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> pharmaceuticals</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> healthcare engineering</li> </ul> </ul> Founder Background <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Tom Sullivan:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> former military electrical engineer</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> 10 years military experience</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> entrepreneur with deep engineering expertise</li> </ul> </ul> Company Growth <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> In 2017:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> connected with venture capital in Scottsdale</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> moved operations to Arizona</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> expanded manufacturing and engineering</li> </ul> </ul> Current Capabilities Air20 now handles: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> engineering</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> software</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> programming</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> manufacturing</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> construction coordination</li> </ul> Cooling systems can range from: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> $50,000 units</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> to $1 million+ systems</li> </ul> Private Equity <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Company was eventually acquired by private equity</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> Significant scaling followed VC and PE investment</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Segment 3 — Why Arizona Became a Data Center Hub Arizona Advantages Tom explained why Arizona attracts major data center investment: Business Climate <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> business-friendly environment</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> attractive economics</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> supportive infrastructure</li> </ul> Geography <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> flat land</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> affordable real estate</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> low natural disaster risk</li> </ul> Climate <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> predictable weather conditions</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> strong operational reliability</li> </ul> Debunking the "Water Usage" Myth A major discussion centered around misconceptions about data centers and water consumption. Historical Cooling Older evaporative cooling systems: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> used more water</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> used less electricity</li> </ul> Modern Systems Current systems: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> use more power</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> use significantly less water</li> </ul> Closed Loop Cooling Modern cooling systems circulate water through: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> sealed piping systems</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> closed-loop infrastructure</li> </ul> This minimizes water loss. Bigger Water Users Tom pointed out: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> electric generation plants</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> steam turbines</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> nuclear facilities often use far more water than data centers themselves.</li> </ul> Massive Power Consumption Data centers now operate at unprecedented scale. Power progression: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> homes → kilowatts</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> industrial → megawatts</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> hyperscale data centers → gigawatt-level demand</li> </ul> One comparison: A large data center can equal the energy usage of 833,000 homes. Future Energy Solutions Potential future solution: Small Modular Reactors (SMRs) <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> compact nuclear reactors</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> already proven in:</li> <ul type="circle"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> submarines</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> aircraft carriers</li> </ul> </ul> Potential advantages: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> localized power generation</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> reduced grid strain</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> scalable infrastructure support</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Segment 4 — Nuclear Energy & The Future Nuclear Energy Perception Tom discussed how technology industries often face negative PR cycles. Modern Nuclear Technology According to Tom: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> nuclear technology has evolved significantly</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> safety standards are dramatically improved</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> waste is greatly reduced</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> efficiency is far higher</li> </ul> Small Modular Reactors (SMRs) SMRs are now: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> being tested</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> deployed experimentally</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> explored for powering data centers directly</li> </ul> Benefits: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> smaller footprint</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> scalable deployment</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> less pressure on public grids</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> reliable energy generation</li> </ul> Key Point "The water usage myth is dead." Larger Theme Modern society increasingly depends on: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> digital infrastructure</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> electricity</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> AI computing</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;"> cloud services</li> </ul> The challenge is no longer whether we need data centers. The challenge is: how to power and cool them efficiently. <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center; line-height: normal;" align="center"> <hr align="center" size="2" width="100%" /></div> Tech Topic: <a href= "https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science"> https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science</a> Best of Tech: <a href="https://brt-show.libsyn.com/size/5/?search=best+of+tech">https://brt-show.libsyn.com/size/5/?search=best+of+tech</a> 'Best Of' Topic: <a href="https://brt-show.libsyn.com/category/Best+of+BRT">https://brt-show.libsyn.com/category/Best+of+BRT</a> Thanks for Listening. Please Subscribe to the AZ TRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: <a href="http://aztrtshow.com/">http://aztrtshow.com/</a> 'Best Of' AZ TRT Podcast: <a href="https://brt-show.libsyn.com/category/Best+Of">Click Here</a> Podcast on Google: <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9icnQtc2hvdy5saWJzeW4uY29tL3Jzcw?sa=X&ved=0CAMQ4aUDahcKEwiQ0_bx39jvAhUAAAAAHQAAAAAQAw&hl=en">Click Here</a> Podcast on Spotify: <a href="https://open.spotify.com/show/7n3EjXVZYv3ruTLrdmrJWM">Click Here</a> More Info: <a href="https://www.economicknight.com/azpodcast/">https://www.economicknight.com/azpodcast/</a> KFNX Info: <a href="https://1100kfnx.com/weekend-featured-shows/">https://1100kfnx.com/weekend-featured-shows/</a>

May 28, 2026

Flat-Fee Legal Services & the Rise of Fractional General Counsel w/ Ryan Hurley of Litix Legal - AZ TRT S07 EP08 (290) 5-28-2026

Flat-Fee Legal Services & the Rise of Fractional General Counsel w/ Ryan Hurley of Litix Legal - AZ TRT S07 EP08 (290) 5-28-2026 <h1>Things We Learned This Week</h1> <h2> Small businesses still need sophisticated legal strategy</h2> Even companies with only 5–10 employees need governance, operating agreements, cap tables, and employment structures built correctly from day one. <h2> The traditional legal billing model is under pressure</h2> Hourly billing and massive retainers are frustrating both client & attorneys. Flat-fee legal services are emerging as a more predictable alternative. <h2> Arizona is becoming a legal innovation hub</h2> Arizona's ABS laws now allow non-attorney ownership & outside investment. This could fundamentally reshape how legal services operate. <h2> AI will likely compress legal fees across the industry</h2> AI is helping firms automate admin, documents and research. That efficiency may lower costs for clients and increase competitive pressure on traditional firms. <h2> AI legal tools still need human oversight</h2> Platforms like Legalzoom can help with basic setup work, but founders still need experienced legal counsel for fundraising, equity structure, governance, and long-term growth decisions. Guest: Ryan Hurley, CEO - Principal Attorney & Co-Founder, Litix Legal Website: <a href="https://www.litixlegal.com/">https://www.litixlegal.com/</a> Certified Attorney | Strategic Business Guidance | Startup Representation | Compliance & Risk Mitigation | HR Oversight | Contract Negotiation | Equity & Debt Raises | Joint Ventures | Mergers & Acquisitions | Board Governance | Investor Relations | Government & Media relations An experienced attorney with 20 years, Ryan Hurley is CEO and co-founder of Litix Legal, a new kind of law firm on a mission to make clients love their lawyers and lawyers love their law firm by replacing the outdated hourly billing model with flat fees whenever possible. Hurley previously served as general counsel for Copperstate Farms, a vertically integrated cannabis company with 9 dispensaries under the Sol Flower brand name and one of the largest greenhouse cannabis production facilities in North America. Hurley was an instrumental player in Copperstate Farms' birth, growth, and development, positioning the company as a market leader through his strategic business advice, careful compliance and risk mitigation. Referred to as Arizona's "Father of Cannabis Law," Hurley has been recognized as one of the Top 100 Lawyers in Arizona and as one of the 20 Names to Know by Phoenix Business Journal. He has been a part of the Arizona cannabis industry from its inception and played a pivotal role in the initiatives to legalize medical and adult-use cannabis in Arizona. A founding member and former board member of the National Cannabis Industry Association, Hurley is deeply entrenched in all aspects of the cannabis industry and a sought-after expert on cannabis policy. Ryan Hurley was also a founding member of the Arizona Dispensaries Association and the organization's former vice president. Hurley was also a pioneer in the AZ solar energy and cryptocurrency/blockchain industries. A dedicated, passionate, and knowledgeable attorney, innovator, and entrepreneur, Hurley has presented at several conferences and seminars throughout the country and has been featured in many interviews in television, print, and radio. His expansive background in policy has cemented his reputation as a reliable thought leader. Hurley holds a B.S. in environmental science from the University of Arizona and a J.D. from the University of Arizona's James E. Rogers College of Law. Before emerging as a leader in the cannabis industry and co-founding Litix, Hurley was an associate attorney at Lewis and Roca LLP focusing on land use, zoning, water, and environmental issues and a named partner at Rose Law Group. <h1>Podcast Notes</h1> <h2> Guest: Ryan Hurley</h2> <h2> Company: Litix Legal</h2> <h3> Episode Theme:</h3> How Arizona's new legal business model, flat-fee legal services, and AI are reshaping legal support for startups and small businesses. <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1> </h1> <h1><img src= "//assets.libsyn.com/show/333191/AZ_TRT_-__Litix_Legal__-_Ryan_H_-_5-2026.png" alt="" width="902" height="507" /></h1> <h1> </h1> <h1>Episode Notes</h1> <h2> Episode Overview</h2> Litix Legal was formed in 2025 using Arizona's new "alternative business structure" (ABS) law, which allows non-attorneys to own equity in law firms. The firm is focused on: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Startups</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Small businesses</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Growth-stage companies</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Fractional / outsourced general counsel services</li> </ul> Their mission is to modernize legal services through: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Flat-fee pricing</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Technology and AI workflows</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">More accessible legal support</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Strategic partnership models for founders</li> </ul> The firm does not handle: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Litigation</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Criminal law</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1>Segment 1 — The Legal Gap for Small Businesses</h1> <h2> Key Discussion Points</h2> <h3> Small businesses still need real legal infrastructure</h3> Many startups and smaller businesses are: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Too small for a full-time in-house attorney</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Too large or complex for DIY legal templates</li> </ul> Most companies still need: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Corporate structure setup</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Governance</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Employment agreements</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Operating agreements</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Cap table strategy</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Investor preparation</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Equity and profit-sharing guidance</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h3> Startups need strategic legal guidance early</h3> Ryan discussed how founders preparing for: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">fundraising,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">seed rounds,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">or Series A growth</li> </ul> need legal partners who understand: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">ownership structure,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">equity distribution,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">governance,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and investor expectations.</li> </ul> Important startup legal topics include: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Number of company units/shares</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Ownership percentages</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Cap table organization</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Equity incentives</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Employment contracts</li> </ul> A poorly structured company early on can create major issues later. "An ounce of prevention is worth a pound of pain later." <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h3> Traditional legal billing frustrates startups</h3> Traditional law firms often: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Charge large retainers ($10,000+)</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Bill hourly ($650/hour+)</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Create unpredictable costs</li> </ul> Litix Legal is attempting to solve this with: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">predictable flat-fee pricing,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">monthly packages,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and faster attorney access.</li> </ul> Example package: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Around $2,000/month</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Includes meetings, calls, emails, and ongoing support</li> </ul> The model functions similarly to: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">outsourced general counsel,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">or a fractional legal department.</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1>Segment 2 — Reinventing the Law Firm Business Model</h1> <h2> Ryan Hurley's Background</h2> Ryan has: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">practiced law for 20 years,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">worked at large corporate firms,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">worked in zoning and politics,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">advised cannabis and solar companies,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and served as in-house counsel for a fast-growing cannabis company.</li> </ul> That cannabis company reportedly grew to: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">650 employees</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">$100M in revenue</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Problems with the traditional legal industry</h2> Ryan explained how many attorneys dislike the traditional billable-hour system. Large firms often require: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">2,000+ billable hours annually</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">intense time tracking</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">constant pressure to maximize billing</li> </ul> According to Ryan: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">clients dislike the unpredictability,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">attorneys dislike the structure,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and the industry has resisted modernization for decades.</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Arizona's Alternative Business Structure (ABS)</h2> Arizona changed legal industry rules through ABS reform. Historically: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Only attorneys could own law firms</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Non-lawyers could not receive equity or profit-sharing</li> </ul> The new Arizona model allows: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">non-attorney ownership,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">outside investment,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">operational partners,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and more scalable business structures.</li> </ul> Example: Ryan's COO/cofounder has a technology background and is not an attorney. Other regions experimenting with similar models: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Utah</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Washington DC</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Internationally: UK and Australia already use versions of this structure</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Industry resistance</h2> Ryan noted that some traditional firms oppose these changes because: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">legal firms have operated similarly for 100+ years,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">entrenched firms fear competition,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and fee compression threatens legacy models.</li> </ul> States like: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">California</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">Illinois</li> </ul> have reportedly pushed back on similar reforms. <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1>Segment 3 — AI and the Future of Legal Services</h1> <h2> AI is changing law firm economics</h2> AI and automation tools are helping firms: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">reduce administrative work,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">improve workflow efficiency,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">lower operating costs,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and potentially reduce client fees.</li> </ul> Ryan believes AI will contribute to: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">industry-wide fee compression,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">more efficient legal delivery,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and increased competition.</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> LegalZoom and AI still have limits</h2> Ryan noted that: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">DIY legal platforms,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">template systems,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and AI tools like Claude</li> </ul> can help with: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">boilerplate documents,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">simple entity setup,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">and basic workflows.</li> </ul> However: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">businesses should still seek professional legal review,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">especially for growth-stage decisions or investor preparation.</li> </ul> The concern is: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">founders may over-rely on generic AI outputs without understanding legal risks.</li> </ul> <div class="MsoNormal" style= "margin-bottom: .0001pt; text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Fractional legal services are growing</h2> Litix Legal positions itself as: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">an outsourced general counsel solution,</li> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">or a fractional legal department.</li> </ul> Monthly plans reportedly range from: <ul type="disc"> <li class="MsoNormal" style= "line-height: normal; font-size: 12pt;">$1,000 to $4,500+ depending on complexity and communication needs.</li> </ul> The firm says early client feedback has been strong. Legal Shows: <a href= "https://brt-show.libsyn.com/category/Legal-Asset+Protection-Estate+Planning"> https://brt-show.libsyn.com/category/Legal-Asset+Protection-Estate+Planning</a> Investing Shows: <a href= "https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement"> https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement</a> 'Best Of' Topic: <a href="https://brt-show.libsyn.com/category/Best+of+BRT">https://brt-show.libsyn.com/category/Best+of+BRT</a> Thanks for Listening. Please Subscribe to the AZ TRT Podcast. AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: <a href="http://aztrtshow.com/">http://aztrtshow.com/</a> 'Best Of' AZ TRT Podcast: <a href="https://brt-show.libsyn.com/category/Best+Of">Click Here</a> Podcast on Google: <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9icnQtc2hvdy5saWJzeW4uY29tL3Jzcw?sa=X&ved=0CAMQ4aUDahcKEwiQ0_bx39jvAhUAAAAAHQAAAAAQAw&hl=en">Click Here</a> Podcast on Spotify: <a href="https://open.spotify.com/show/7n3EjXVZYv3ruTLrdmrJWM">Click Here</a> More Info: <a href="https://www.economicknight.com/azpodcast/">https://www.economicknight.com/azpodcast/</a> KFNX Info: <a href="https://1100kfnx.com/weekend-featured-shows/">https://1100kfnx.com/weekend-featured-shows/</a> Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

April 16, 2026

High Growth, Higher Risk: The Business of Cannabis w/ Melissa Diaz of Highrock Accounting - AZ TRT S07 EP07 (289) 4-12-2026

High Growth, Higher Risk: The Business of Cannabis w/ Melissa Diaz of Highrock Accounting - AZ TRT S07 EP07 (289) 4-12-2026 <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1>What We Learned This Week</h1> <h3> Cannabis Companies Are Taxed on Gross Margin</h3> Because of 280E, they can't deduct ordinary business expenses — creating massive tax burdens. <h3> Federal Classification Drives Everything</h3> Schedule I status impacts taxation, banking, regulation, and investor appetite. <h3> Many Companies Are Playing Legal Offense</h3> Some are challenging 280E aggressively, treating unpaid taxes as a strategic risk. <h3> Licensing Structure Determines Success</h3> Limited-license states create stronger economics. Unlimited states create margin compression. <h3> Consolidation Is Coming</h3> Stronger, vertically integrated, mid-sized operators are likely to dominate by 2026. <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> Guest: Melissa Diaz <a href= "https://www.highrock.co/">https://www.highrock.co/</a> <a href= "https://www.linkedin.com/in/melissa-k-diaz-cpa-10215623/"> https://www.linkedin.com/in/melissa-k-diaz-cpa-10215623/</a> Melissa Diaz is a powerhouse at the intersection of accounting, strategy, and tech. As Co-Owner and CRO of High Rock Accounting (and co-founder of Rebel Rock PC, now High Rock), she leads with precision on everything from cash flow and budgeting to due diligence and audit readiness. At High Rock she helps businesses harness cutting-edge technology to make smarter, faster, fully compliant financial decisions both day-to-day and long-term. With an expertise in Cannabis and the Technology industry, Melissa's mission is clear: empower businesses to stay competitive, compliant, and efficient in high-pressure, high-growth environments. Whether she's solving complex reporting challenges or decoding 280E, Melissa brings charisma, clarity, and confidence to the table every time. <img src= "//assets.libsyn.com/show/333191/AZ_TRT_-__Cannabis_-_Melissa_D_-_2-2026.png" alt="" width="1013" height="570" /> <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h1>🎙 Podcast Notes</h1> Guest: Melissa Diaz Topic: The Legal, Tax & Business Reality of the Cannabis Industry <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Segment 1: The Federal Tax Problem (280E)</h2> <h3> The Core Issue: Federal Classification</h3> The cannabis industry's biggest challenge isn't demand — it's federal law. Cannabis is still classified as a Schedule I controlled substance, meaning: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> No accepted medical use (federally) ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Same category as cocaine and methamphetamine Other classifications: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Schedule II – Highly controlled with medical use (e.g., oxycodone) ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Schedule III – Lower control (e.g., Tylenol with codeine) ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Over-the-counter drugs are not controlled substances. <h3> Why This Matters: Section 280E</h3> Under Internal Revenue Code 280E: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Cannabis businesses can only deduct Cost of Goods Sold (COGS). ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> They cannot deduct normal operating expenses. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> This means they are effectively taxed on gross margin, not net income. Result: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Extremely high effective tax rates. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Cash flow pressure. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Structural workarounds. <h3> Industry Workarounds</h3> To manage tax exposure, many cannabis companies: 1.<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Use Cost Segregation o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Categorize as many expenses as possible under COGS. o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Rarely challenged aggressively. 2.<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Create Management Companies o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> A separate affiliated entity handles: §<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Admin §<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Marketing §<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> HR §<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Operations o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Charges a management fee to the cannabis entity. o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Helps shift deductible expenses outside 280E limitations. <h3> Possible Federal Rescheduling</h3> If cannabis moves to Schedule III: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Businesses could deduct ordinary expenses. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Massive financial impact. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Immediate improvement in profitability. <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Segment 2: Legal Challenges & Risk</h2> <h3> The Harborside Case</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Legal challenge against 280E application. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Many companies have followed similar strategies using management entities. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Ongoing uncertainty. <h3> Executive Order & Medical Cannabis</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Medical cannabis revenue represents 10–15% of total revenue. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> 38 states allow legal medical or recreational cannabis. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Federal inconsistency remains. <h3> Protective Filings</h3> If companies owe significant taxes (e.g., $10K+ unpaid liabilities): ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Protective filings can preserve rights. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Strategic legal positioning matters. <h3> Big Question</h3> If the IRS loses major 280E challenges: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Could owe interest refunds to companies. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Significant fiscal impact. But there's always: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Litigation risk ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Opportunity cost ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Cash flow strain during disputes <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Segment 3: State-Level Expansion & Industry Consolidation</h2> <h3> Florida Example</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Recreational legalization pushed in 2024 but failed. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Multi-state operators (MSOs) heavily lobby for expansion. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Example: Trulieve and other large operators. <h3> Tax Strategy Risk</h3> Some companies treat unpaid taxes as: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> A "loan" from the IRS ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Betting on favorable legal rulings But risk: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Potential clawbacks ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Penalties and interest Many companies are aggressively challenging 280E. <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> Segment 4: Regulation, Licensing & Industry Structure</h2> <h3> State Regulation Differences</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> New Jersey & New England: Unified recreational frameworks. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Unlimited license states = oversaturation. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Limited license + lottery systems = high barriers to entry. <h3> Zoning Restrictions</h3> Dispensaries: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Cannot operate near schools or churches. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Subject to strict local zoning rules. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> "Vice-style" regulation model. <h3> Vertical Integration Matters</h3> Very difficult to survive with just one vertical. Companies that control: ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Cultivation ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Processing ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Distribution ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Retail …have stronger margins and operational control. <h3> Operational Reality</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> No outdoor growing in high heat climates. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Indoor, climate-controlled warehouses dominate. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Highly regulated workforce (Facility Agent cards required). <h3> Financing Landscape</h3> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Real estate lending ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Sale-leaseback arrangements ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Hard money loans (due to banking restrictions) <div class="MsoNormal" style="text-align: center;" align="center"> <hr align="center" size="2" width="100%" /></div> <h2> 2026 Industry Predictions</h2> ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Large operators buying smaller failing companies (trend slowing). ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Growth of mid-sized operators: o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> 2 states → $20–50M revenue. o<span style= "font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> 3–5 states → $100M+ revenue. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Continued consolidation. ·<span style="font-style: normal; font-variant: normal; font-size-adjust: none; font-language-override: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-weight: normal; font-stretch: normal; line-height: normal; font-family: 'Times New Roman';"> Ongoing regulatory and tax uncertainty. Melissa's Perspective: Being a service provider in cannabis means operating in constant uncertainty — but that's also where opportunity lives. Cannabis 2025 in Review: Lessons Operators Can't Afford to Miss If your client or employer is a cannabis operator who made it through 2025, congratulations. They survived a year that separated the strategists from the dreamers, the operators from the opportunists, and the businesses built on solid fundamentals from those riding on hype alone. This wasn't the year of explosive growth and easy money. This was the year the cannabis industry got real. Let's break down what happened in 2025 beyond the headlines. More importantly, let's break down what it means for the cannabis industry and you. Article Link: <a href= "https://www.linkedin.com/pulse/cannabis-2025-review-lessons-operators-cant-afford-miss-diaz-cpa-psosc/"> HERE</a> Cannabis Topic: <a href="https://brt-show.libsyn.com/category/Cannabis-Hemp-Marijuana">https://brt-show.libsyn.com/category/Cannabis-Hemp-Marijuana</a> Tech Topic: <a href="https://brt-show.libsyn.com/category/Tech">https://brt-show.libsyn.com/category/Tech</a> Best of Biotech from AZ Bio & Life Sciences to Jellatech: <a href="https://brt-show.libsyn.com/best-of-biotech-from-az-bio-life-sciences-to-jellatech-brt-s04-ep26-189-7-2-2023">HERE</a> Thanks for Listening Please Subscribe to the Podcast AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business. AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving. Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… AZ TRT Podcast Home Page: <a href="http://aztrtshow.com/">http://aztrtshow.com/</a> 'Best Of' AZ TRT Podcast: <a href="https://brt-show.libsyn.com/category/Best+Of">Click Here</a> Podcast on Google: <a href="https://podcasts.google.com/feed/aHR0cHM6Ly9icnQtc2hvdy5saWJzeW4uY29tL3Jzcw?sa=X&ved=0CAMQ4aUDahcKEwiQ0_bx39jvAhUAAAAAHQAAAAAQAw&hl=en">Click Here</a> Podcast on Spotify: <a href="https://open.spotify.com/show/7n3EjXVZYv3ruTLrdmrJWM">Click Here</a> More Info: <a href="https://www.economicknight.com/azpodcast/">https://www.economicknight.com/azpodcast/</a> KFNX Info: <a href="https://1100kfnx.com/weekend-featured-shows/">https://1100kfnx.com/weekend-featured-shows/</a> Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

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What is AZ Tech Roundtable 2.0?: AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

Please Subscribe. Thanks for Listening.

More Info: https://www.economicknight.com/azpodcast/
How often does this podcast release new episodes?: This podcast updates weekly.
Where can I listen to this podcast?: This podcast is available on 8 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
Does this podcast accept guests?: Yes, this podcast regularly features guests.

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