by Karson Humiston
Join Karson Humiston from Vangst, the cannabis industry's end to end HR technology platform, for conversations with the people behind the cannabis industry. Each week, Karson will interview cannabis industry employees ranging from entry level to executive, to hear their story and learn why they are so #proudtoworkincannabis. Produced by PodConx
Language
🇺🇲
Publishing Since
2/16/2022
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June 5, 2024
<p><strong>Navigating the Missouri Cannabis Market with John Pennington</strong></p><p>After a brief hiatus, Karson Humiston returns with an engaging conversation with John Pennington, the co-founder and CEO of Proper Cannabis in Missouri. John shared his early entrepreneurial spirit, from shoveling driveways as a kid to running a business in high school and college. His transition into the cannabis industry was influenced by his work in real estate and his involvement in building Missouri's largest non-profit methadone treatment center. This experience opened his eyes to the potential of cannabis as a regulated industry.</p><p>They discuss the importance of having a clear vision and mission, and how John successfully scaled Proper Cannabis from a preliminary idea to a leading company with over 450 employees. He emphasized the significance of writing down goals, empowering teams, and fostering a strong company culture. Proper Cannabis is known for its low turnover rate, which John attributes to the intentional culture they've built, where every team member feels valued and connected.</p><p>John also highlighted the rapid growth of the Missouri cannabis market, which has expanded significantly since the legalization of adult-use cannabis. Proper Cannabis has become a market leader in various product categories, including pre-rolls, concentrates, and edibles.</p><p>One of the most inspiring parts of our conversation was John's commitment to social justice. He teaches a class called "Business, Purpose, and the Bible" in the St. Louis County jail system, helping inmates find hope and purpose. This aligns with his broader mission to advocate for policy changes in Washington, D.C., and support re-entry programs for formerly incarcerated individuals.</p><p>Looking ahead, John envisions Proper Cannabis expanding beyond Missouri and becoming a multi-state operator while maintaining its strong ethos and commitment to quality. His dedication to both business success and social impact makes him a standout entrepreneur in the cannabis industry.</p><p><a href="https://www.propercannabis.com/">https://www.propercannabis.com/</a></p> <p><p><a href="https://podconx.com/"><i><strong>Produce By PodConx</strong></i></a></p><p><strong>Watch Video</strong><i><strong> - </strong></i><a href="https://www.youtube.com/channel/UCNZI8qZy0lKxLO4OTk6P-tw">https://www.youtube.com/channel/UCNZI8qZy0lKxLO4OTk6P-tw</a></p><p><strong>Karson Humiston - </strong><a href="https://www.linkedin.com/in/karson-humiston-64572b97/">https://www.linkedin.com/in/karson-humiston-64572b97/</a></p><p><strong>Vangst - </strong><a href="https://vangst.com/">https://vangst.com/</a></p><p><a href="https://squadcast.fm/?ref=danhumiston">Recorded on Squadcast</a></p><p><a href="mailto:jhumiston@mjbulls.com">Sound Design by Jamie Humiston</a></p><p> </p></p>
April 10, 2024
<p><strong>State of Cannabis Employment: A Deep Dive into the 2024 Jobs Report</strong></p><p>Karson Humiston discuss the release of the <a href="https://www.vangst.com/2024-jobs-report">Vangst</a> annual cannabis industry <a href="https://www.vangst.com/2024-jobs-report">2024 jobs report</a> with <a href="https://www.linkedin.com/in/bruce-barcott-b43b5116/">Bruce Barcott</a>, a seasoned writer in the cannabis space, and <a href="https://www.linkedin.com/in/beauwhitney/">Beau Whitney</a>, the chief economist at <a href="https://whitneyeconomics.com/">Whitney Economics</a>. The trio share insights into the current state of cannabis employment.</p><p>They begin with a sense of optimism as they reveal that the industry has bounced back from a challenging period, adding almost 23,000 new jobs, bringing the total to 440,145 full-time equivalent positions as of early 2024. This marks a 5% year-over-year increase, driven by a national revenue increase of about 10%. However, they note that not all states have experienced growth, with some leading the way in job opportunities.</p><p>Michigan, Missouri, and New Jersey are highlighted as the top three states for job additions, with Michigan adding over 11,000 jobs. Karson discusses the factors contributing to Michigan's growth, including lower product prices, increased legal market participation, and cannabis tourism from neighboring states like Ohio.</p><p>Conversely, the episode also addresses the job losses in established markets such as California, Colorado, and Washington, attributing the decline to various challenges including profitability issues, oversupply, and changes in consumer behavior. The conversation touches on the need for state regulators to adapt their policies to support the health of cannabis businesses, not just focus on public safety.</p><p>Looking ahead to 2024, the Karson predicts job growth in Ohio, New York, New Jersey, and Maryland, driven by new licenses and market maturation. They express concern for mature markets like Colorado, where businesses are struggling, and emphasize the importance of federal and state-level reforms to ensure the industry's sustainability.</p><p>The episode concludes with their predictions for the 2025 jobs report, expressing optimism for continued growth, especially with potential federal reforms and international developments like Germany's move towards legalization. They encourage listeners to download and share the report to raise awareness of the job creation potential of the cannabis industry.</p><p>Listeners can download the full <a href="https://www.vangst.com/2024-jobs-report">2024 jobs report</a> at <a href="https://www.vangst.com/2024-jobs-report">Vangst.com</a> and use it to advocate for the cannabis industry's job creation potential. We encourage sharing the report with friends, employees, and politicians to support the industry's growth toward the goal of one million U.S. jobs. <a href="https://www.vangst.com/2024-jobs-report">https://www.vangst.com/2024-jobs-report</a></p><p> </p><p> </p><h2>Timestamps</h2><p>00:00:00 - Introduction and Annual Jobs Report Release<br />00:00:49 - Positive Growth in Cannabis Jobs<br />00:02:20 - Significant Job Increases in Specific States<br />00:04:47 - Michigan's Surprising Job Growth<br />00:05:46 - Factors Contributing to Michigan's Job Increase<br />00:06:41 - Predictions for Job Growth in Ohio<br />00:07:20 - Potential Impact of Ohio's Market on Michigan<br />00:08:28 - States Expected to Add Jobs in 2024<br />00:10:43 - Maryland's License Increase and Job Growth<br />00:11:33 - States That Lost Jobs in 2023<br />00:12:36 - California's Job Loss and Industry Struggles<br />00:13:47 - Economic Challenges in the Cannabis Industry<br />00:15:54 - Delinquent Payments in the Cannabis Industry<br />00:16:05 - Comparing Bad Debt Ratios<br />00:17:30 - The Decline of Colorado's Cannabis Job Market<br />00:18:28 - Future Predictions for Cannabis Job Growth<br />00:19:44 - The Role of Regulators in Market Maturation<br />00:21:13 - Right-Sizing License Structures<br />00:23:09 - 2025 Job Growth Predictions<br />00:24:40 - Potential Impact of New Markets<br />00:25:16 - International Developments in Cannabis Reform<br />00:26:07 - Global Cannabis Market Influence<br />00:27:27 - Optimism for the Cannabis Industry's Future<br />00:28:38 - Importance of the Annual Jobs Report<br />00:29:10 - Advocacy and Political Engagement</p> <p><p><a href="https://podconx.com/"><i><strong>Produce By PodConx</strong></i></a></p><p><strong>Watch Video</strong><i><strong> - </strong></i><a href="https://www.youtube.com/channel/UCNZI8qZy0lKxLO4OTk6P-tw">https://www.youtube.com/channel/UCNZI8qZy0lKxLO4OTk6P-tw</a></p><p><strong>Karson Humiston - </strong><a href="https://www.linkedin.com/in/karson-humiston-64572b97/">https://www.linkedin.com/in/karson-humiston-64572b97/</a></p><p><strong>Vangst - </strong><a href="https://vangst.com/">https://vangst.com/</a></p><p><a href="https://squadcast.fm/?ref=danhumiston">Recorded on Squadcast</a></p><p><a href="mailto:jhumiston@mjbulls.com">Sound Design by Jamie Humiston</a></p><p> </p></p>
April 3, 2024
Crafting the Perfect Smoke: Inside the World of Cannabis Accessories with Brian Gerber Karson Humiston welcomes Bryan Gerber, co-founder and CEO, of Hemper and Hara Supply, also known as the "King of Cones." The nickname stems from a Forbes article that highlighted Bryan's success in building a $75 million pre-roll empire.
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Join Karson Humiston from Vangst, the cannabis industry's end to end HR technology platform, for conversations with the people behind the cannabis industry. Each week, Karson will interview cannabis industry employees ranging from entry level to executive, to hear their story and learn why they are so #proudtoworkincannabis.
Produced by PodConx
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