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Interlude- “The Compleat Herbalist”. Herbie and his Friends Visit Shenandoah National Park.

Blunt Business Cannabis Herbie National Parks

Interlude- “The Compleat Herbalist”.  Herbie and his Friends Visit Shenandoah National Park.

Inspired by “The Compleat Angler”, by Izaak Walton.  Published in 1653, it is one of the oldest stories in the Modern English language. In this classic work, an Angler, a Hunter and a Falconer walk together through the woods while extolling the unique merits of their respective sports, sort of a 17th century version of trash talk. I will use this format, having a Grower (farmer), a Processor (scientist) and a Dispensary Entrepreneur (Herbie) spend time together in some of our great National Parks, reviewing and discussing recent lessons given by the Mentor or other teachers, and yes, generally talking...

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Herbie and his Friends Visit Acadia National Park

Blunt Business Cannabis Herbie National Parks

Herbie and his Friends Visit Acadia National Park

“So tell me again why I can’t spark a doobie right here”? asks Herbie. “First of all, we’re in a National Park,” says Monk.  “That’s Federal, so regardless of State laws, you cannot light up in a National Park.  Any National Park. Second, ‘doobie’ is old school.  Today, it’s all about the Blunt, right Blunt”?  Blunt wags his tail. “You’re serious”? “Yes.  In the U.S. But in Canada, you can.” “When can we go to Canada”? Asks Herbie. “Soon,” says Monk.  “Soon.” “And Herbie, not only can you NOT smoke it, don’t even bring it in.” “OK,” says a disappointed...

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Herbie buys a dog

Blunt Cannabis Herbie

Herbie buys a dog

Dizzy from concentrate, and from concentrating on the level of concentration in the concentrate sector, Herbie decides it’s time to get a dog.  So he goes to the shelter. For Herbie, it was an emotional experience.  As soon as he walked in, a small, pathetic looking puppy of indeterminate lineage started yapping and wagging its tail.  When Herbie walked over, the dog went crazy.  The attendant suggested Herbie hold him and that was it.  Licking, wiggling, squirming. When Herbie asked about the breed, the attendant looked down and away, so Herbie let it go.  Apparently the dog was abandoned, but...

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Skill Building: Herbie Goes to See His Mentor, 5c

Business Cannabis Education Herbie Strategy

Skill Building: Herbie Goes to See His Mentor, 5c

  “Almost there, Herbie.  Just a few more.  Let’s wrap this up.  Start with Growth Rate. In general, if the industry is growing, there is room for everyone to prosper.  But be careful- what is meant by ‘growing’ is true demand, not the number of people chasing profits.  Are more people consuming  more weed?  This includes the shift from black market to legal.  It’s hard to ever really know, but the point is, do not assume demand is growing because lots of dispensaries open.  They might be fighting over a slow-growing pie. And if the growth rate of supply exceeds...

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Skill Building: Herbie Goes to See His Mentor, 5b

Business Cannabis Education Herbie Strategy

Skill Building: Herbie Goes to See His Mentor, 5b

“OK, keep going, what’s this business about ‘concentration’?” asks Herbie. “’Concentration doesn’t just mean ‘big’, says the Mentor.  ”It means ‘what percentage of the market is controlled by the 3 or 5 largest players’?. “What’s the difference?” asks Herbie. “OK, think about convenience restaurants.  There are billion dollar companies, like McDonald’s and Starbucks.  And there are also thousands and thousands of small diners and sandwich shops and pizzerias.  The point is, McDonalds, Starbucks and KFC do not have a dominant share of the convenience restaurant market, even though they are each billion dollar companies.  So I would not say the...

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