1 00:00:00,440 --> 00:00:03,120 Speaker 1: Welcome the Cannabis Talk one oh one featuring Blue with 2 00:00:03,240 --> 00:00:07,120 Speaker 1: Joe Bronde, the world's number one source for everything cannabis. 3 00:00:07,160 --> 00:00:09,399 Speaker 2: Hello, welcome to Cannabis Talk one oh one, the world's 4 00:00:09,440 --> 00:00:11,640 Speaker 2: number one source for everything cannabis. Thank you for listening 5 00:00:11,680 --> 00:00:14,000 Speaker 2: to our podcast all around the world, and make sure 6 00:00:14,000 --> 00:00:16,000 Speaker 2: you check on our website Cannabis Talk one on one 7 00:00:16,000 --> 00:00:18,079 Speaker 2: dot com as we have so many great articles and 8 00:00:18,120 --> 00:00:20,120 Speaker 2: blogs on the site for you to check out. And 9 00:00:20,200 --> 00:00:22,400 Speaker 2: feel free to give us a call anytime one eight 10 00:00:22,520 --> 00:00:24,920 Speaker 2: hundred and four twenty nineteen eighty and check. 11 00:00:24,840 --> 00:00:27,080 Speaker 3: Us out on YouTube, our Instagram. 12 00:00:26,520 --> 00:00:29,600 Speaker 2: All social media. Actually at Cannabis Talk one oh one. 13 00:00:29,720 --> 00:00:32,160 Speaker 2: My brother from Another Mother, Blue is at the number 14 00:00:32,280 --> 00:00:34,440 Speaker 2: one Christopher Wright and you can always catch me on 15 00:00:34,440 --> 00:00:37,599 Speaker 2: the Gramm or social media at Joe bron Dave fifty two. 16 00:00:37,640 --> 00:00:38,800 Speaker 2: And I don't know if you guys have seen the 17 00:00:38,840 --> 00:00:41,640 Speaker 2: latest edition of the Cannabis Talk magazine has got some 18 00:00:41,680 --> 00:00:44,400 Speaker 2: great articles, very cool stories in it. Get yourself a 19 00:00:44,440 --> 00:00:47,239 Speaker 2: hard copy day at your local dispensary or smokeshop near you. 20 00:00:47,560 --> 00:00:49,560 Speaker 2: If they don't have one, you guys, have them request 21 00:00:49,680 --> 00:00:51,720 Speaker 2: a copy, have them give us a call, or just 22 00:00:51,840 --> 00:00:55,080 Speaker 2: you it go to the website itself, Cannabis Talkmagazine got 23 00:00:55,240 --> 00:00:59,800 Speaker 2: dot com and subscribe now today via zoom. It's just me, 24 00:01:00,160 --> 00:01:03,360 Speaker 2: no Blue, but on the show as a man behind 25 00:01:03,400 --> 00:01:06,960 Speaker 2: the leading debt collecting agency in the United States, folks 26 00:01:07,319 --> 00:01:09,520 Speaker 2: for the legitimate cannabis market. 27 00:01:10,080 --> 00:01:10,520 Speaker 3: Today. 28 00:01:10,680 --> 00:01:14,000 Speaker 2: I'm sitting here finally talking to because I have no 29 00:01:14,080 --> 00:01:16,800 Speaker 2: idea all these technical difficulties Brett and I were going through. 30 00:01:17,040 --> 00:01:21,520 Speaker 2: But we are finally here, Brett and is it gelfand? 31 00:01:21,600 --> 00:01:22,679 Speaker 4: Yeah, gelfin? 32 00:01:22,840 --> 00:01:23,959 Speaker 3: What is that? Gelfand? 33 00:01:25,200 --> 00:01:25,959 Speaker 4: Nice Russian? 34 00:01:26,680 --> 00:01:27,280 Speaker 3: Russian? 35 00:01:27,800 --> 00:01:29,720 Speaker 4: Russian? Yeah, some sort of Russian. 36 00:01:30,280 --> 00:01:33,000 Speaker 3: Well, okay, bootstood off. That's the only thing I know 37 00:01:33,000 --> 00:01:37,920 Speaker 3: in Russians. Managing partner at Cannabis Collects. If he can't 38 00:01:37,959 --> 00:01:41,160 Speaker 3: collect the money, he's got the Russians that come support him. 39 00:01:41,200 --> 00:01:47,120 Speaker 2: So first and leading fully service Russian collection and accounts 40 00:01:47,160 --> 00:01:49,560 Speaker 2: receivable message. 41 00:01:49,880 --> 00:01:51,160 Speaker 4: Well, yeah, there we get. 42 00:01:51,640 --> 00:01:55,480 Speaker 2: I'm just put on what he said, collection industry experience, 43 00:01:55,520 --> 00:02:00,200 Speaker 2: you guys, alongside former cannabis operators. Now, Cannabis Collects is 44 00:02:00,520 --> 00:02:04,720 Speaker 2: uniquely equipped to handle every cannabis related accounts receivable issue 45 00:02:05,200 --> 00:02:07,880 Speaker 2: in the cannabis and CBD industry. So if you're a 46 00:02:07,960 --> 00:02:10,200 Speaker 2: mom and pop in the cannabis business. 47 00:02:10,320 --> 00:02:10,919 Speaker 3: That scene. 48 00:02:11,480 --> 00:02:14,760 Speaker 2: You know, people be taking advantage of if your business 49 00:02:14,840 --> 00:02:16,919 Speaker 2: fell victim the scumbag business. 50 00:02:17,400 --> 00:02:19,880 Speaker 3: Weasels. We know they're out there. We've seen them, we 51 00:02:19,960 --> 00:02:20,480 Speaker 3: smell them. 52 00:02:20,960 --> 00:02:25,440 Speaker 2: Check out the website cannabiz Collects dot com, our Cannabis 53 00:02:25,560 --> 00:02:27,760 Speaker 2: credit dot com. We're gonna talk about both of those 54 00:02:28,280 --> 00:02:29,880 Speaker 2: with you as well. Or check them out on the 55 00:02:29,919 --> 00:02:33,079 Speaker 2: gram cannabiz dot Collects. To get your money back. 56 00:02:33,200 --> 00:02:33,359 Speaker 5: Now. 57 00:02:33,760 --> 00:02:35,440 Speaker 3: If you don't believe me, folks. 58 00:02:35,360 --> 00:02:40,359 Speaker 2: Just ask some of these people like Cresco labsnug Jeter, Papa, 59 00:02:40,440 --> 00:02:43,239 Speaker 2: and Barkley, just a few companies that are featured on 60 00:02:43,320 --> 00:02:46,320 Speaker 2: the site. You guys for Brett's at go to get 61 00:02:46,360 --> 00:02:49,600 Speaker 2: your money back over there. So, without further ado, please 62 00:02:49,639 --> 00:02:51,840 Speaker 2: put your one hand together if you're holding your phone 63 00:02:51,880 --> 00:02:55,640 Speaker 2: listening to this podcast, just clap like this real small. 64 00:02:56,360 --> 00:02:59,760 Speaker 3: My buddy, Brett Brett, Welcome to Cannabis Talk one oh one. 65 00:03:01,720 --> 00:03:04,959 Speaker 4: I love that. Yes, that's a great intro. Just the 66 00:03:05,200 --> 00:03:07,440 Speaker 4: one hand clap on the treadmill. 67 00:03:07,520 --> 00:03:09,959 Speaker 3: You're just doing whatever, like, Okay, who's this guy? Okay, 68 00:03:10,120 --> 00:03:11,640 Speaker 3: you know I give it to him, Give it to him. 69 00:03:12,760 --> 00:03:13,040 Speaker 2: Love it. 70 00:03:13,440 --> 00:03:13,840 Speaker 3: How are you? 71 00:03:13,919 --> 00:03:16,400 Speaker 4: Brother? I'm doing great, man, I'm doing great. 72 00:03:16,639 --> 00:03:18,080 Speaker 3: That's good to have you on the show. 73 00:03:18,240 --> 00:03:21,560 Speaker 2: Finally, after all those technical difficulties, I felt like I 74 00:03:21,720 --> 00:03:24,680 Speaker 2: was sitting here borderline stressing out, going, oh my goodness, 75 00:03:25,120 --> 00:03:26,560 Speaker 2: how am I going to get this guy back? 76 00:03:26,639 --> 00:03:27,919 Speaker 3: How am I going to? How am I going to? 77 00:03:28,040 --> 00:03:31,000 Speaker 3: But you know what, it's all good. You're here. What 78 00:03:31,160 --> 00:03:33,079 Speaker 3: I want to get to know is how do you 79 00:03:33,200 --> 00:03:34,040 Speaker 3: start a company? 80 00:03:34,120 --> 00:03:36,720 Speaker 2: First off? Like this, because you have an interesting story. 81 00:03:37,280 --> 00:03:39,160 Speaker 2: You know, I don't know if you're from Georgia, but 82 00:03:39,280 --> 00:03:42,400 Speaker 2: you went to the University of Georgia and you get 83 00:03:42,440 --> 00:03:45,520 Speaker 2: a bachelor's in business and you have quite a you know, 84 00:03:45,640 --> 00:03:49,360 Speaker 2: interesting career, you know, going into Colorado for for a 85 00:03:49,400 --> 00:03:52,600 Speaker 2: little while and moving around creating a business that you 86 00:03:52,720 --> 00:03:56,880 Speaker 2: co found another business. You're basically a big, strong entrepreneur, 87 00:03:57,480 --> 00:04:02,280 Speaker 2: and then now another entrepreneurship of going into cannabis collections. 88 00:04:02,680 --> 00:04:04,920 Speaker 2: It's a pretty interesting story. Tell me more about it, 89 00:04:05,120 --> 00:04:06,800 Speaker 2: because I just planted the overall picture. 90 00:04:07,280 --> 00:04:10,920 Speaker 4: I have big picture. Born and raised from Atlanta, Georgia, 91 00:04:11,080 --> 00:04:12,640 Speaker 4: so you know, the South doesn't. 92 00:04:12,760 --> 00:04:15,720 Speaker 3: So were you geeking out during halftime? 93 00:04:16,279 --> 00:04:18,599 Speaker 4: Usher crushed it? Usher crushed it with the A town 94 00:04:18,720 --> 00:04:21,680 Speaker 4: down everyone was. Everyone was. I mean, I have to 95 00:04:21,720 --> 00:04:26,120 Speaker 4: say it wasn't my favorite halftime show. But being from Atlanta, 96 00:04:26,320 --> 00:04:28,680 Speaker 4: you know, we hear the a town down kind of 97 00:04:28,760 --> 00:04:32,040 Speaker 4: thing too often raised growing up up as a kid, 98 00:04:32,160 --> 00:04:35,120 Speaker 4: so it was it was. It was fun to watch 99 00:04:35,200 --> 00:04:38,599 Speaker 4: Usher perform. But long story short, you know, I grew 100 00:04:38,720 --> 00:04:41,719 Speaker 4: up in Atlanta. There wasn't a big cannabis scenas as 101 00:04:41,760 --> 00:04:44,960 Speaker 4: everybody knows in the South, so it wasn't in my 102 00:04:45,120 --> 00:04:48,880 Speaker 4: horizon to kind of go directly into the cannabis space. 103 00:04:49,440 --> 00:04:55,719 Speaker 4: Was always entrepreneurial, was djaying throughout my childhood. Uh made 104 00:04:55,960 --> 00:05:03,839 Speaker 4: videos for montages and ended up starting to dabble with consulting, 105 00:05:04,120 --> 00:05:06,800 Speaker 4: you know, after college more corporate. I didn't want to 106 00:05:06,839 --> 00:05:09,640 Speaker 4: go corporate and got a call from a family friend 107 00:05:09,720 --> 00:05:12,880 Speaker 4: outside of Aspen. Hey, Brett, you want to ditch your 108 00:05:13,200 --> 00:05:16,440 Speaker 4: you know, your consulting gig after college and come work 109 00:05:16,520 --> 00:05:19,560 Speaker 4: with me in Colorado and helped me build a cannabis company. 110 00:05:19,720 --> 00:05:24,320 Speaker 4: I thought sounds way more fun than working corporate consulting 111 00:05:24,360 --> 00:05:27,800 Speaker 4: out of Atlanta and took the leap. Ended up helping 112 00:05:28,160 --> 00:05:31,520 Speaker 4: him raise close to twenty million dollars from investors. We 113 00:05:31,680 --> 00:05:36,880 Speaker 4: built out an entirely vertically integrated cannabis company in the 114 00:05:36,920 --> 00:05:39,640 Speaker 4: western slope of Colorado. We had a forty five thousand 115 00:05:39,680 --> 00:05:44,440 Speaker 4: square foot grow edible, processing two dispensaries. I hired about 116 00:05:44,480 --> 00:05:47,400 Speaker 4: sixty people, and right when we were going to launch 117 00:05:47,480 --> 00:05:51,360 Speaker 4: the business, my boss, who was a CEO, got sick 118 00:05:51,480 --> 00:05:53,400 Speaker 4: and had to leave the state of Colorado. I was 119 00:05:53,440 --> 00:05:56,520 Speaker 4: twenty four and the investment partners that I grew a 120 00:05:56,600 --> 00:06:00,640 Speaker 4: strong relationship with said, looks like, Bret, you're going to 121 00:06:00,720 --> 00:06:02,599 Speaker 4: have to run this company because there's no one else 122 00:06:02,640 --> 00:06:05,280 Speaker 4: out here that's been there from day one. And it 123 00:06:05,440 --> 00:06:08,040 Speaker 4: was amazing. It was an amazing experience. I had absolutely 124 00:06:08,080 --> 00:06:10,360 Speaker 4: no idea what I was doing. I was thrown in 125 00:06:10,440 --> 00:06:12,919 Speaker 4: the fire, which I think is probably the best exercise 126 00:06:13,000 --> 00:06:18,400 Speaker 4: for any new co founder, founder, entrepreneur. I was there 127 00:06:18,480 --> 00:06:21,880 Speaker 4: for about two years. We sold a variety of different brands. 128 00:06:21,920 --> 00:06:24,840 Speaker 4: We did some deals with the Jimmy Hendricks guy, some 129 00:06:24,960 --> 00:06:28,200 Speaker 4: three eleven deals we know were selling across the state. 130 00:06:28,560 --> 00:06:30,960 Speaker 4: And because we were in the western slope of Colorado, 131 00:06:31,360 --> 00:06:33,800 Speaker 4: especially during the winter season, it was really difficult to 132 00:06:33,920 --> 00:06:38,160 Speaker 4: compete with Denver buld Er. More Metro grows when it 133 00:06:38,240 --> 00:06:42,240 Speaker 4: comes to wholesale, and one of the first initiatives we 134 00:06:42,440 --> 00:06:46,560 Speaker 4: took with regards to competition was credit extension. Maybe if 135 00:06:46,600 --> 00:06:48,600 Speaker 4: we were able to extend some credit to these retail 136 00:06:48,680 --> 00:06:51,840 Speaker 4: partners and gave them thirty days or fifteen days to 137 00:06:51,920 --> 00:06:55,040 Speaker 4: pay us back, we could leverage that as a competitive 138 00:06:55,040 --> 00:06:58,599 Speaker 4: advantage against some of these other brands. That wasn't common 139 00:06:58,680 --> 00:07:01,760 Speaker 4: in twenty fifteen. It was kind of very novel to 140 00:07:01,839 --> 00:07:05,599 Speaker 4: be honest, to extend credit back then. The idea worked, 141 00:07:06,040 --> 00:07:08,359 Speaker 4: let me tell you, like it was amazing. Our sales 142 00:07:08,400 --> 00:07:11,080 Speaker 4: went through the roof. We were pretty excited. The investment 143 00:07:11,120 --> 00:07:13,680 Speaker 4: partners were put like, you know, patting me against the back. 144 00:07:13,840 --> 00:07:18,440 Speaker 4: Great job, Brett, Way to go ninety days later, absolute nightmare, 145 00:07:18,560 --> 00:07:21,960 Speaker 4: as everyone now can understand. I, you know, we couldn't 146 00:07:21,960 --> 00:07:28,240 Speaker 4: collect a dime every dispensary partner ote USMANDI. We didn't 147 00:07:28,280 --> 00:07:30,640 Speaker 4: have a full ar you know, accounts receivable team because 148 00:07:30,680 --> 00:07:32,800 Speaker 4: it was still a small growing company. So I was 149 00:07:32,880 --> 00:07:34,880 Speaker 4: responsible to make sure I could pay the bills to 150 00:07:34,920 --> 00:07:37,600 Speaker 4: all of our vendors and keep our payroll going for 151 00:07:37,680 --> 00:07:40,520 Speaker 4: all of our sixty employees. And the stress that I 152 00:07:40,680 --> 00:07:43,080 Speaker 4: had to get up every day and make phone calls 153 00:07:43,120 --> 00:07:45,680 Speaker 4: a dispensaries to say you need to pay us, you know, 154 00:07:45,760 --> 00:07:47,520 Speaker 4: tomorrow or else, like, I don't know if I can 155 00:07:47,600 --> 00:07:51,960 Speaker 4: pay my people. This became a mountain of a challenge 156 00:07:52,040 --> 00:07:54,160 Speaker 4: for us. You know, almost half a million dollars of 157 00:07:54,200 --> 00:07:56,680 Speaker 4: past do ar within about ninety to one hundred and 158 00:07:56,760 --> 00:08:01,160 Speaker 4: twenty days after you know, launching this program and all 159 00:08:01,280 --> 00:08:05,760 Speaker 4: that to say, I woke up one morning so sick 160 00:08:05,800 --> 00:08:08,760 Speaker 4: of making collection calls. A light bulb went off and 161 00:08:09,400 --> 00:08:12,560 Speaker 4: I recognized my dad, who was a commercial collection attorney 162 00:08:12,640 --> 00:08:15,840 Speaker 4: for thirty years. No way he sold. Yeah, it was 163 00:08:16,000 --> 00:08:19,600 Speaker 4: just the stars aligned perfectly, and he sold his business 164 00:08:19,680 --> 00:08:21,440 Speaker 4: in law firm about a couple of years before I 165 00:08:21,480 --> 00:08:24,720 Speaker 4: went to Colorado, and I thought, man, he's bored. He's 166 00:08:24,720 --> 00:08:27,600 Speaker 4: sick of playing golf every day. He's calling me saying 167 00:08:27,600 --> 00:08:29,080 Speaker 4: he doesn't know what to do with his life. And 168 00:08:29,200 --> 00:08:33,000 Speaker 4: I figure, I don't want to make these collection calls anymore, 169 00:08:33,160 --> 00:08:35,160 Speaker 4: and I'm not an expert when it comes to direct 170 00:08:35,200 --> 00:08:37,760 Speaker 4: collection work. My dad here ran you know, one of 171 00:08:37,800 --> 00:08:40,920 Speaker 4: the largest firms in the Southeast representing Honda Capital Ie 172 00:08:41,880 --> 00:08:45,400 Speaker 4: Full commercial consumer collection agency, called him up and said, Dad, 173 00:08:45,600 --> 00:08:48,240 Speaker 4: it's time to start a collection agency in the cannabis industry. 174 00:08:48,280 --> 00:08:50,640 Speaker 4: And that was back in twenty seventeen, and it kind 175 00:08:50,679 --> 00:08:54,000 Speaker 4: of started started, you know, the whole shebang where we 176 00:08:54,040 --> 00:08:54,440 Speaker 4: are today. 177 00:08:55,520 --> 00:08:59,160 Speaker 6: How perfect for the stars to line up like that dog, 178 00:08:59,280 --> 00:09:03,079 Speaker 6: with your dad having that experience, with you going through 179 00:09:03,200 --> 00:09:06,839 Speaker 6: what you've gone through, to have that experience. 180 00:09:06,720 --> 00:09:10,199 Speaker 2: To understand it so well, for your dad to be 181 00:09:10,320 --> 00:09:15,559 Speaker 2: an attorney, and for this to melt down like that, come. 182 00:09:15,360 --> 00:09:18,480 Speaker 4: On, Yeah, I think the universe really does tend to 183 00:09:18,600 --> 00:09:22,000 Speaker 4: unfold as it should sometimes. And the funny thing is is, 184 00:09:23,040 --> 00:09:26,679 Speaker 4: growing up, my dad would say he taught me to 185 00:09:27,240 --> 00:09:28,800 Speaker 4: always want to run my own business, and I have 186 00:09:28,840 --> 00:09:30,400 Speaker 4: to give him full credit for that, and I love 187 00:09:30,480 --> 00:09:32,719 Speaker 4: that about him. But then he would always go, I 188 00:09:32,760 --> 00:09:34,319 Speaker 4: can't wait for the day that you take over my 189 00:09:34,400 --> 00:09:38,480 Speaker 4: collection agency. Growing up as a teenager, you know, starting 190 00:09:38,520 --> 00:09:42,280 Speaker 4: my own business and being entrepreneurial, Never in a million 191 00:09:42,360 --> 00:09:44,360 Speaker 4: years did I think that I was going to run 192 00:09:44,520 --> 00:09:48,000 Speaker 4: a collection agency, Like is there any industry less sexy 193 00:09:48,080 --> 00:09:51,439 Speaker 4: than being a bill collector? And the funniest thing now is, 194 00:09:51,480 --> 00:09:55,120 Speaker 4: after that experience in Colorado, we're partnered up and here 195 00:09:55,200 --> 00:09:58,280 Speaker 4: I am running the nation's leading cannabis collection agency. With 196 00:09:58,440 --> 00:10:00,679 Speaker 4: my dad, so it kind of come full circle. To 197 00:10:00,840 --> 00:10:03,520 Speaker 4: be honest, I love the business and I love helping. 198 00:10:04,559 --> 00:10:08,400 Speaker 2: As you say that, because I'm over here researching you, right, 199 00:10:08,559 --> 00:10:11,559 Speaker 2: and I'm looking at your LinkedIn, I'm going to the 200 00:10:13,040 --> 00:10:16,640 Speaker 2: IG and I'm just going to the websites looking going okay, 201 00:10:17,200 --> 00:10:19,280 Speaker 2: And I swear to you when I say this, I go, 202 00:10:20,120 --> 00:10:23,199 Speaker 2: websites are kind of sexy, cool, good looking. For I go, 203 00:10:23,360 --> 00:10:26,319 Speaker 2: funny that I said sexy. It's not a sexy business 204 00:10:26,400 --> 00:10:30,120 Speaker 2: at all, but it kind of looks sexy. And then 205 00:10:30,160 --> 00:10:31,920 Speaker 2: I go, oh, this is him. Oh it's a good 206 00:10:31,960 --> 00:10:35,120 Speaker 2: looking dude. Like I was like in my head, he's 207 00:10:35,160 --> 00:10:36,760 Speaker 2: a good looking did I have no idea who I 208 00:10:36,800 --> 00:10:37,599 Speaker 2: was going to be talking to you? 209 00:10:37,720 --> 00:10:40,319 Speaker 3: Right? But this is as you said, this is a 210 00:10:40,480 --> 00:10:41,320 Speaker 3: non sexy thing. 211 00:10:41,440 --> 00:10:43,400 Speaker 2: I literally did this to you because I'm looking, going 212 00:10:43,760 --> 00:10:45,880 Speaker 2: this is so always a good looking dude, but damn 213 00:10:45,920 --> 00:10:48,400 Speaker 2: it kind of looks he's making this look good though 214 00:10:48,520 --> 00:10:49,600 Speaker 2: I feel sexy. 215 00:10:50,320 --> 00:10:53,080 Speaker 4: I gotta tell you, I appreciate the compliment. I do job, 216 00:10:53,120 --> 00:10:56,079 Speaker 4: but to be honest with you, because collections is so unsexy, 217 00:10:56,320 --> 00:11:00,920 Speaker 4: like especially the the operators today in the collection realm. 218 00:11:00,960 --> 00:11:04,120 Speaker 4: If you look up or Google. Collection firms in the 219 00:11:04,240 --> 00:11:07,080 Speaker 4: United States. They're dinosaurs. I mean, they're my dad's age, 220 00:11:07,080 --> 00:11:13,079 Speaker 4: are older, and they they're using very outdated technology. The 221 00:11:13,240 --> 00:11:16,880 Speaker 4: process is very unsexy, and the way they present themselves 222 00:11:16,960 --> 00:11:19,079 Speaker 4: is unsexy. To be very honest with you, because I 223 00:11:19,200 --> 00:11:21,040 Speaker 4: am the age that I am and the youth that 224 00:11:21,120 --> 00:11:23,720 Speaker 4: I am in my entrepreneurial journey to go into an 225 00:11:23,720 --> 00:11:27,079 Speaker 4: industry like collections, pair it with cannabis, which we know 226 00:11:27,240 --> 00:11:30,400 Speaker 4: is a sexy industry for the good sides of the industry, 227 00:11:30,480 --> 00:11:34,160 Speaker 4: is a sexy, up and coming industry. All in all, 228 00:11:35,200 --> 00:11:39,800 Speaker 4: My whole plan was, how can we make collections interesting, sexy, cool, 229 00:11:40,600 --> 00:11:43,600 Speaker 4: but be a true value add in this industry, which 230 00:11:44,000 --> 00:11:46,240 Speaker 4: pairing it all together. I'm glad that I got your 231 00:11:46,280 --> 00:11:49,440 Speaker 4: buy in, but really we're trying to make collections different 232 00:11:49,520 --> 00:11:52,480 Speaker 4: than what it was before, and especially as we're focusing 233 00:11:52,559 --> 00:11:55,480 Speaker 4: in on this particular niche and dialing down this niche, 234 00:11:55,960 --> 00:11:59,559 Speaker 4: this niche that desperately needs us. My whole mission is 235 00:11:59,600 --> 00:12:02,480 Speaker 4: really a collection school for our industry to make collections 236 00:12:02,559 --> 00:12:04,480 Speaker 4: not the status quo as it's been for the last 237 00:12:04,480 --> 00:12:05,080 Speaker 4: one hundred. 238 00:12:05,080 --> 00:12:07,280 Speaker 3: Well, let's just face it, Collections are not cool. 239 00:12:07,480 --> 00:12:11,000 Speaker 7: If you're in collections, and no matter how you're about it, 240 00:12:11,160 --> 00:12:16,000 Speaker 7: either you're calling Wretch for to use them, that's not 241 00:12:16,160 --> 00:12:16,599 Speaker 7: cool for you. 242 00:12:17,040 --> 00:12:20,520 Speaker 3: You're getting a call from Bret's people, that's not cool either. 243 00:12:22,160 --> 00:12:24,719 Speaker 3: Either way, no matter how you look at it, it 244 00:12:24,800 --> 00:12:25,840 Speaker 3: ain't cool player. 245 00:12:26,320 --> 00:12:27,640 Speaker 4: But you know you know it is cool. You know 246 00:12:27,679 --> 00:12:29,439 Speaker 4: it is cool though, because I agree with you. It's 247 00:12:29,480 --> 00:12:31,880 Speaker 4: not cool in the realm of things. But what is 248 00:12:31,960 --> 00:12:33,640 Speaker 4: cool is when you have a mom and pop that 249 00:12:33,800 --> 00:12:36,959 Speaker 4: calls us and says, I've got fifty grand that I'm owed. 250 00:12:37,040 --> 00:12:39,760 Speaker 4: I got totally screwed. I can't collect it. I don't 251 00:12:39,800 --> 00:12:41,160 Speaker 4: have the time to collect it. I don't know what 252 00:12:41,240 --> 00:12:43,559 Speaker 4: to do. They submit the claim to our agency in 253 00:12:43,600 --> 00:12:44,319 Speaker 4: thirty days later. 254 00:12:44,320 --> 00:12:46,120 Speaker 7: We get to get read right now and he's gonna 255 00:12:46,120 --> 00:12:48,679 Speaker 7: tell us what they do when they come back. It's 256 00:12:48,800 --> 00:12:52,400 Speaker 7: Brett Gelfin, the managing partner at Cannabis Collects. 257 00:12:52,480 --> 00:12:54,400 Speaker 3: It's Cannabis Talk one oh one will be right back 258 00:12:54,480 --> 00:12:55,120 Speaker 3: after six quade. 259 00:12:55,240 --> 00:12:59,360 Speaker 4: Follow d at one Christopher Wright. Follow Joe Grunde at 260 00:12:59,440 --> 00:13:00,319 Speaker 4: Joe Grundy. 261 00:13:00,080 --> 00:13:03,800 Speaker 1: Day fifty two. Subscribe to our weekly newsletter on our website, 262 00:13:04,160 --> 00:13:05,920 Speaker 1: Cannabis Talk one O one dot com. 263 00:13:14,400 --> 00:13:16,400 Speaker 4: Welcome back to Cannabis. 264 00:13:16,000 --> 00:13:20,880 Speaker 2: Talk one on one number one podcast canna Jernr Typical 265 00:13:20,920 --> 00:13:22,520 Speaker 2: and the set of special folks. When it comes at 266 00:13:22,600 --> 00:13:25,680 Speaker 2: FUGE products, the flavorutation would be just as enjoyable as 267 00:13:25,720 --> 00:13:27,920 Speaker 2: the filling your experience. Make sure you check out the 268 00:13:27,960 --> 00:13:31,760 Speaker 2: website loranoils dot com and damn do I love them oils? 269 00:13:31,840 --> 00:13:35,120 Speaker 3: Brett, I tell you this, Cannabis Collects. It's funny. We're 270 00:13:35,160 --> 00:13:36,480 Speaker 3: talking about Megan and Sexy. 271 00:13:36,559 --> 00:13:39,440 Speaker 2: We're talking about doing the thing, and you're talking about 272 00:13:39,480 --> 00:13:42,120 Speaker 2: how you guys have done. 273 00:13:42,080 --> 00:13:45,880 Speaker 3: So much to make it. So walk me through this, Brett. 274 00:13:46,040 --> 00:13:50,360 Speaker 2: I'm a mom at Pop's store and somebody else's fifty 275 00:13:50,480 --> 00:13:55,000 Speaker 2: grand and I go to Cannabis Collects dot com c 276 00:13:55,200 --> 00:13:57,800 Speaker 2: A N N A B I Z C O L 277 00:13:58,080 --> 00:13:59,120 Speaker 2: L E c T S. 278 00:13:59,760 --> 00:14:03,439 Speaker 3: Dot and I go to our services? Do I go 279 00:14:03,559 --> 00:14:06,040 Speaker 3: to media? Do I what do I contract? What do 280 00:14:06,160 --> 00:14:07,600 Speaker 3: I do? Submit a claim? 281 00:14:09,240 --> 00:14:12,760 Speaker 4: Yeah, it's pretty straightforward. I would say, first call us, 282 00:14:13,160 --> 00:14:16,280 Speaker 4: call us, contact us and let us know the situation 283 00:14:16,400 --> 00:14:20,000 Speaker 4: you're in, because we really do work in tandem with 284 00:14:20,200 --> 00:14:23,800 Speaker 4: our clients, since we work purely on contingency. If we 285 00:14:23,920 --> 00:14:26,760 Speaker 4: can't collect our clients don't pay. You're not paying us 286 00:14:26,800 --> 00:14:29,320 Speaker 4: a fee, like many attorneys are charging six seven eight 287 00:14:29,400 --> 00:14:32,000 Speaker 4: hundred bucks an hour to send demand letters and make 288 00:14:32,080 --> 00:14:34,040 Speaker 4: phone calls for you, which they don't care if they 289 00:14:34,080 --> 00:14:36,280 Speaker 4: collect the money or not. They're already getting paid. We 290 00:14:36,360 --> 00:14:38,880 Speaker 4: don't work that way. We'll never work that way. We 291 00:14:38,960 --> 00:14:40,760 Speaker 4: need to be in pure alignment to make sure that 292 00:14:40,880 --> 00:14:43,440 Speaker 4: if we're working with you, we're going to help you 293 00:14:43,520 --> 00:14:45,560 Speaker 4: get paid back. If we do, you're going to pay 294 00:14:45,640 --> 00:14:48,040 Speaker 4: us a small fee. If not, then you walk away 295 00:14:48,040 --> 00:14:50,280 Speaker 4: without paying us a dime. So we need to also 296 00:14:50,400 --> 00:14:52,560 Speaker 4: make sure that this situation that you're dealing with is 297 00:14:52,600 --> 00:14:54,960 Speaker 4: a situation that we want to take on because we're 298 00:14:55,000 --> 00:14:57,560 Speaker 4: going to be putting in our resources, our time, our 299 00:14:57,760 --> 00:15:02,239 Speaker 4: energy to collect money on your behalf with no guarantee 300 00:15:02,440 --> 00:15:06,160 Speaker 4: of collecting the money. And if we do, at that point, 301 00:15:06,280 --> 00:15:07,920 Speaker 4: you know our clients will pay us. So give us 302 00:15:07,960 --> 00:15:10,680 Speaker 4: a call and if it seems like it's a good match, 303 00:15:11,280 --> 00:15:13,320 Speaker 4: then you can submit a claim through our website. We 304 00:15:13,440 --> 00:15:16,360 Speaker 4: get started. It's a very simple process and if we 305 00:15:16,480 --> 00:15:19,200 Speaker 4: can't collect the greatest thing is we have associate council 306 00:15:19,280 --> 00:15:22,000 Speaker 4: across the country about lawyers in every state that can 307 00:15:22,080 --> 00:15:26,080 Speaker 4: actually litigate claims on behalf of our clients also purely 308 00:15:26,200 --> 00:15:32,560 Speaker 4: contingency only. Many cannabis operators and young businesses have never 309 00:15:32,640 --> 00:15:39,200 Speaker 4: had to deal with collections until recently, and unfortunately flash Fortunately, 310 00:15:39,320 --> 00:15:41,760 Speaker 4: because it's not a sexy topic, a lot of people 311 00:15:41,760 --> 00:15:45,120 Speaker 4: don't understand what an escalation process looks like. What does 312 00:15:45,160 --> 00:15:48,360 Speaker 4: a lawsuit it even look like? Against a commercial debt? 313 00:15:48,720 --> 00:15:51,320 Speaker 4: What does a judgment mean? What does receivership mean? There's 314 00:15:51,320 --> 00:15:54,160 Speaker 4: so many terms and language that people don't understand, have 315 00:15:54,240 --> 00:15:57,560 Speaker 4: never been accustomed to, and it's really important now more 316 00:15:57,600 --> 00:16:00,840 Speaker 4: than ever in cannabis to understand what happens if somebody 317 00:16:00,920 --> 00:16:03,160 Speaker 4: doesn't pay you. First of all, how to protect yourself 318 00:16:03,840 --> 00:16:06,720 Speaker 4: from this happening? What's tools and solutions can you use 319 00:16:06,840 --> 00:16:10,520 Speaker 4: to do proper underwriting diligence to prevent issues? And number two, 320 00:16:10,600 --> 00:16:13,760 Speaker 4: if it does happen, what's the escalation process look like. 321 00:16:14,240 --> 00:16:17,840 Speaker 4: We represent over a thousand clients. The clients of ours 322 00:16:17,880 --> 00:16:20,760 Speaker 4: that have a very tight credit and collection policy are 323 00:16:20,760 --> 00:16:23,240 Speaker 4: the ones that are getting their money back first, and 324 00:16:23,320 --> 00:16:25,440 Speaker 4: the ones that have a very loose policy are the 325 00:16:25,480 --> 00:16:28,080 Speaker 4: ones that aren't getting paid a dime. They're waiting six 326 00:16:28,160 --> 00:16:29,800 Speaker 4: months to a year to get paid back. They're not 327 00:16:30,000 --> 00:16:32,200 Speaker 4: escalating it, and these debtors are going out of business. 328 00:16:32,560 --> 00:16:35,400 Speaker 4: So it's time for the industry to understand how to 329 00:16:35,520 --> 00:16:39,920 Speaker 4: take your cash flow seriously and really dial in and 330 00:16:40,000 --> 00:16:42,360 Speaker 4: define what does it mean to have a good credit 331 00:16:42,440 --> 00:16:45,720 Speaker 4: and collection process, which has been foreign to our industry 332 00:16:45,800 --> 00:16:46,400 Speaker 4: until recently. 333 00:16:46,800 --> 00:16:49,560 Speaker 2: And as you say that, Brett, walk me through a 334 00:16:49,640 --> 00:16:53,600 Speaker 2: couple different scenarios, because that's just face it. The best 335 00:16:53,680 --> 00:16:57,560 Speaker 2: one is we're both getting paid, right, That's just that's 336 00:16:57,640 --> 00:17:02,280 Speaker 2: the best scenario. And a percentage of it our fee, 337 00:17:02,920 --> 00:17:07,399 Speaker 2: whatever it is, I'm sure, is that negotiated between each case. 338 00:17:08,320 --> 00:17:11,080 Speaker 4: No, it's a flat fee. It's standard. We don't negotiate 339 00:17:11,160 --> 00:17:14,480 Speaker 4: our rates. We charge extremely competitive rates compared to any 340 00:17:14,520 --> 00:17:16,800 Speaker 4: other commercial agency, and we do that because we really 341 00:17:16,840 --> 00:17:19,200 Speaker 4: want to take the lead on collections in this space, 342 00:17:19,760 --> 00:17:22,280 Speaker 4: especially because the more work we do, the more data 343 00:17:22,359 --> 00:17:24,760 Speaker 4: we have, the more context we have, the more experience 344 00:17:24,840 --> 00:17:26,240 Speaker 4: we have, and the better chance we're going to be 345 00:17:26,240 --> 00:17:29,679 Speaker 4: able to collect for everybody in the industry. So it's 346 00:17:29,760 --> 00:17:32,879 Speaker 4: fairly straightforward when it comes to situations we get a 347 00:17:32,960 --> 00:17:37,840 Speaker 4: claim submitted. Sometimes we've had claims submitted within twenty four 348 00:17:37,920 --> 00:17:39,960 Speaker 4: hours and payment made a day later. 349 00:17:40,160 --> 00:17:40,679 Speaker 3: You know what I mean. 350 00:17:40,760 --> 00:17:43,360 Speaker 4: So it's been twenty four hours, we send a demand letter, 351 00:17:43,520 --> 00:17:45,560 Speaker 4: we start making some phone calls, and within a day 352 00:17:45,640 --> 00:17:48,280 Speaker 4: our client is getting money paid directly to them, and 353 00:17:48,320 --> 00:17:51,800 Speaker 4: then we invoice for our fee. That's not typical. We've 354 00:17:51,840 --> 00:17:53,840 Speaker 4: got some case studies on a website where that has happened. 355 00:17:54,080 --> 00:17:54,720 Speaker 3: That's green. 356 00:17:54,760 --> 00:17:58,960 Speaker 4: That does though it does happen many times. Our goal 357 00:17:59,040 --> 00:18:02,200 Speaker 4: is to basically meet and be a professional negotiator between 358 00:18:02,240 --> 00:18:06,120 Speaker 4: the debtor and the creditor. So we're experts at figuring 359 00:18:06,160 --> 00:18:08,520 Speaker 4: out a middle ground and how to negotiate a workout 360 00:18:08,600 --> 00:18:11,800 Speaker 4: plan between the clients and the debtors. Many people might 361 00:18:11,840 --> 00:18:13,680 Speaker 4: ask me, well, Brett, why would I pay you to 362 00:18:13,760 --> 00:18:16,320 Speaker 4: do that? If you're successful, why would't I do that myself? Well, 363 00:18:16,359 --> 00:18:20,200 Speaker 4: if you've got fifteen twenty thirty accounts past ninety days 364 00:18:20,440 --> 00:18:22,280 Speaker 4: and you're having to spend that amount of time to 365 00:18:22,359 --> 00:18:26,240 Speaker 4: workout plans with all those pass new money, what's happening 366 00:18:26,320 --> 00:18:29,240 Speaker 4: with all the money that's between zero and ninety days, 367 00:18:29,280 --> 00:18:32,080 Speaker 4: the more current receivables. Who's paying attention to those accounts? 368 00:18:32,280 --> 00:18:35,320 Speaker 4: So those don't become older, and it takes a lot 369 00:18:35,400 --> 00:18:37,480 Speaker 4: of time. I mean we do it full time on 370 00:18:37,560 --> 00:18:40,560 Speaker 4: our firm for many clients to sit there and dedicate 371 00:18:41,400 --> 00:18:45,120 Speaker 4: persistency and workout plans for many of our for many 372 00:18:45,119 --> 00:18:47,040 Speaker 4: of our cases. So a workout plan could either be 373 00:18:47,119 --> 00:18:49,159 Speaker 4: a settlement or we'll ask the debtor what are you 374 00:18:49,200 --> 00:18:51,560 Speaker 4: willing to settle for fifty percent on the dollar, sixty 375 00:18:51,560 --> 00:18:53,680 Speaker 4: percent on the dollar. They'll give us some sort of 376 00:18:53,760 --> 00:18:56,760 Speaker 4: negotiation around what they're willing to do, and then we 377 00:18:56,880 --> 00:18:58,639 Speaker 4: go back to the client and ask them, are you 378 00:18:58,760 --> 00:19:01,800 Speaker 4: willing to settle off that amount? Will never ever kind 379 00:19:01,840 --> 00:19:04,960 Speaker 4: of authorize a settlement without client of authorization, but we 380 00:19:05,080 --> 00:19:06,879 Speaker 4: go back and forth to find a middle ground and 381 00:19:06,960 --> 00:19:09,080 Speaker 4: give our advice based on all of our data of 382 00:19:09,200 --> 00:19:13,880 Speaker 4: what we think the client should probably do. The other 383 00:19:14,960 --> 00:19:18,600 Speaker 4: option is that that happens many times, is we can't 384 00:19:18,600 --> 00:19:20,280 Speaker 4: get a hold of anybody. We're getting a lot of 385 00:19:20,359 --> 00:19:24,640 Speaker 4: trash business lately. We all know in California some names 386 00:19:24,680 --> 00:19:26,640 Speaker 4: that have been coming up over and over and over again. 387 00:19:26,720 --> 00:19:29,600 Speaker 4: Many of them are out of business. We've had one 388 00:19:29,720 --> 00:19:32,919 Speaker 4: debtor in California that I think we have over forty 389 00:19:33,040 --> 00:19:36,080 Speaker 4: or forty five different claims submitted from different clients, and 390 00:19:36,160 --> 00:19:39,280 Speaker 4: it's forty five different clients submitting it's this sot it. 391 00:19:40,119 --> 00:19:42,200 Speaker 4: I can tell you if you join up for the CCA, 392 00:19:43,000 --> 00:19:47,359 Speaker 4: so we can have that conversation through our database of 393 00:19:47,400 --> 00:19:50,359 Speaker 4: Cannabis Credit Association because there's some compliance rules around what 394 00:19:50,480 --> 00:19:53,400 Speaker 4: kind of information we can expose. But long story short, 395 00:19:53,440 --> 00:19:56,320 Speaker 4: I'm sure you know who we're talking about. And there's 396 00:19:56,840 --> 00:19:59,639 Speaker 4: large retail chains that owe everybody money and kind of 397 00:19:59,760 --> 00:20:04,000 Speaker 4: you who's vendor financing for their advantage, And there's even 398 00:20:04,040 --> 00:20:07,040 Speaker 4: been LinkedIn videos and Instagram videos lately that I'm sure 399 00:20:07,040 --> 00:20:09,440 Speaker 4: everyone has seen of CEO is actually talking about it, 400 00:20:09,480 --> 00:20:15,680 Speaker 4: admitting that they use this type of strategy to leverage 401 00:20:15,800 --> 00:20:18,240 Speaker 4: net terms in order to finance their own business, which 402 00:20:18,320 --> 00:20:21,560 Speaker 4: is the fuel and in my business, it's the fuel 403 00:20:21,560 --> 00:20:23,159 Speaker 4: in my body that fuels me to get up every 404 00:20:23,240 --> 00:20:28,680 Speaker 4: day and do this because I cannot stand playing in 405 00:20:30,080 --> 00:20:33,400 Speaker 4: this world where there's people like that. It's like going 406 00:20:33,440 --> 00:20:37,720 Speaker 4: out and playing a sport and you're trying to compete 407 00:20:37,760 --> 00:20:40,760 Speaker 4: in a basketball game and you just have somebody that's 408 00:20:41,000 --> 00:20:44,320 Speaker 4: straight up double dribbling every every every single motion that 409 00:20:44,400 --> 00:20:47,720 Speaker 4: they go through, or somebody that's you know, traveling and 410 00:20:47,800 --> 00:20:51,040 Speaker 4: no one's calling the foul and it's time for us 411 00:20:51,200 --> 00:20:55,000 Speaker 4: as cannabis operators and cannabis companies to play in a 412 00:20:55,080 --> 00:20:58,440 Speaker 4: fair playing ground. And without you know, firms like myself 413 00:20:58,680 --> 00:21:00,960 Speaker 4: and and and the good actors in the industry to 414 00:21:01,000 --> 00:21:02,760 Speaker 4: step in and say, you know, we've got to get 415 00:21:03,119 --> 00:21:06,920 Speaker 4: these jokers out of here, it just makes everyone's life 416 00:21:06,960 --> 00:21:09,680 Speaker 4: so much more difficult, which I think it has to 417 00:21:09,800 --> 00:21:11,159 Speaker 4: end at some point. There's got to be some more 418 00:21:11,200 --> 00:21:13,960 Speaker 4: transparency and integrity within this industry. 419 00:21:14,440 --> 00:21:16,920 Speaker 2: You know, as you say that, Brett, and I feel like, 420 00:21:17,720 --> 00:21:20,240 Speaker 2: you know, this industry started with a lot of compassion 421 00:21:20,359 --> 00:21:22,399 Speaker 2: and care, as you know, and you just look at 422 00:21:22,440 --> 00:21:25,200 Speaker 2: the age and the epidemic, how it helps and it's medicine. 423 00:21:25,880 --> 00:21:29,280 Speaker 2: But there's a lot of business people out there that 424 00:21:29,760 --> 00:21:33,760 Speaker 2: just make this industry get such a bad rap, you know, 425 00:21:34,040 --> 00:21:34,520 Speaker 2: and it's. 426 00:21:36,119 --> 00:21:38,560 Speaker 3: It's really bad characters. They're going to get kicked. 427 00:21:38,320 --> 00:21:41,199 Speaker 2: Out, as we see, because we all know who they 428 00:21:41,240 --> 00:21:44,680 Speaker 2: are out there, right and for them to keep doing 429 00:21:44,800 --> 00:21:47,240 Speaker 2: things like this, and it's you know, it's just sad 430 00:21:48,040 --> 00:21:50,560 Speaker 2: that the industry can get a reputation like that. And then, 431 00:21:50,680 --> 00:21:54,960 Speaker 2: like you said, it's almost that gray area of like, well, 432 00:21:55,080 --> 00:21:57,520 Speaker 2: they're not really breaking the rules or the laws, right, 433 00:21:57,800 --> 00:21:58,119 Speaker 2: they're not. 434 00:21:58,440 --> 00:22:01,920 Speaker 3: Damn it. It's a double land sometimes, right because like 435 00:22:02,000 --> 00:22:03,920 Speaker 3: you said, they can sit there and say that and 436 00:22:04,040 --> 00:22:05,720 Speaker 3: it's like, well, are they breaking the law? 437 00:22:07,080 --> 00:22:07,119 Speaker 2: No? 438 00:22:08,440 --> 00:22:08,840 Speaker 3: Is it wrong? 439 00:22:08,920 --> 00:22:14,040 Speaker 4: We've seen so many times debtors rack up huge payable 440 00:22:14,080 --> 00:22:17,360 Speaker 4: balances for years. I mean we're talking hundreds of thousands 441 00:22:17,400 --> 00:22:21,440 Speaker 4: of dollars they owe to different vendors, and then we're 442 00:22:21,560 --> 00:22:25,520 Speaker 4: chasing them as a collection agency representing many different clients, 443 00:22:25,960 --> 00:22:27,560 Speaker 4: coming out and saying, what are you going to pay 444 00:22:27,800 --> 00:22:30,680 Speaker 4: our clients backs this amount of money? And then they go, 445 00:22:30,760 --> 00:22:33,200 Speaker 4: you know what, we're so close to going out of business. 446 00:22:33,320 --> 00:22:36,280 Speaker 4: But what we'll do is we'll offer you know, thirty 447 00:22:36,359 --> 00:22:39,960 Speaker 4: cents on the dollar to all your clients if everyone's 448 00:22:40,000 --> 00:22:41,720 Speaker 4: willing to take it. If not, we're probably going to 449 00:22:41,760 --> 00:22:44,040 Speaker 4: be going out of business and everyone's going to get screwed. 450 00:22:44,240 --> 00:22:49,240 Speaker 4: And they use this type of strategies, which sometimes it's true, 451 00:22:49,480 --> 00:22:51,400 Speaker 4: like they've racked up so much debt that the only 452 00:22:51,440 --> 00:22:54,680 Speaker 4: way for them to stay in business is to offer 453 00:22:55,040 --> 00:22:58,200 Speaker 4: ridiculous settlement amounts and everyone walk away with something which 454 00:22:58,280 --> 00:23:01,200 Speaker 4: is better than nothing. But it's more important than ever 455 00:23:01,840 --> 00:23:07,200 Speaker 4: is for operators to set a credit escalation, credit and 456 00:23:07,240 --> 00:23:11,000 Speaker 4: collection policy, saying if an account goes past ninety days 457 00:23:11,440 --> 00:23:13,919 Speaker 4: and there's no communication, or you have a bad feeling 458 00:23:14,280 --> 00:23:17,920 Speaker 4: or that absolutely ghosted you, you have to have a 459 00:23:18,040 --> 00:23:21,760 Speaker 4: plan to escalate, meaning escalating to an inflection partner like ourselves, 460 00:23:22,600 --> 00:23:24,520 Speaker 4: us having a plan to litigate if we need to. 461 00:23:24,680 --> 00:23:30,160 Speaker 4: For you, by just waiting around, you're giving these debtors 462 00:23:30,840 --> 00:23:33,280 Speaker 4: the opportunity to take advantage not only of view, but 463 00:23:33,359 --> 00:23:37,600 Speaker 4: of everybody else. So I think, for me vocalizing my 464 00:23:37,840 --> 00:23:43,359 Speaker 4: experience on this topic, it's it's not only important for 465 00:23:43,359 --> 00:23:45,359 Speaker 4: you to get your money back, it's important to advance 466 00:23:45,440 --> 00:23:48,720 Speaker 4: the industry. Because if you're letting these debtors off the 467 00:23:48,760 --> 00:23:50,640 Speaker 4: hook and playing the nice guy or the nice girl 468 00:23:50,720 --> 00:23:53,240 Speaker 4: for this long months and months and months saying maybe 469 00:23:53,280 --> 00:23:56,520 Speaker 4: they'll pendy one day, these debtors are now given the 470 00:23:56,640 --> 00:23:59,959 Speaker 4: freedom and given the leash to take advantage of everybody. 471 00:24:00,400 --> 00:24:03,600 Speaker 4: And I think enough is enough. And a lot of 472 00:24:03,640 --> 00:24:06,320 Speaker 4: people say, what about my reputation, Brett like, don't I 473 00:24:06,400 --> 00:24:09,280 Speaker 4: don't want to have a bad reputation submitting an account 474 00:24:09,280 --> 00:24:12,320 Speaker 4: to collections. And before I was sympathetic. I was like, yeah, 475 00:24:12,359 --> 00:24:13,960 Speaker 4: I get it. I used to run a cannabis company 476 00:24:13,960 --> 00:24:16,200 Speaker 4: in Colorado. I didn't want to Like, you're talking about 477 00:24:16,760 --> 00:24:19,840 Speaker 4: a debt that's ninety to one hundred and twenty days old. 478 00:24:20,040 --> 00:24:23,520 Speaker 4: They haven't communicated with you, and you're worried about your 479 00:24:23,640 --> 00:24:26,720 Speaker 4: reputation to get your money back, they're stealing from you. 480 00:24:27,080 --> 00:24:29,639 Speaker 4: And this happens so often it drives me crazy. How 481 00:24:29,680 --> 00:24:33,080 Speaker 4: can you worry about your reputation when you're the one 482 00:24:33,119 --> 00:24:35,440 Speaker 4: that's owed the money and you're the one that gave 483 00:24:35,560 --> 00:24:38,080 Speaker 4: you that committed to your end in the bargain. How 484 00:24:38,119 --> 00:24:38,680 Speaker 4: does this happen? 485 00:24:40,040 --> 00:24:43,560 Speaker 3: And not only that, Brett, you feel guilty. He's sitting 486 00:24:43,600 --> 00:24:46,800 Speaker 3: here feeling bad about It's terrible. We want to hear 487 00:24:47,440 --> 00:24:50,280 Speaker 3: what do you have to do to be cautious about that? Brett? 488 00:24:50,320 --> 00:24:52,920 Speaker 2: I hear you saying, have something in the plant. We're 489 00:24:52,920 --> 00:24:54,720 Speaker 2: going to take a break real quick when we come back. 490 00:24:54,920 --> 00:24:57,240 Speaker 2: I want you to break that plan down, Brett. Someone 491 00:24:57,359 --> 00:24:59,840 Speaker 2: was listening, going, okay, so what am I supposed to do? 492 00:25:00,000 --> 00:25:02,960 Speaker 2: Said it for a whole different thing on my before 493 00:25:03,000 --> 00:25:05,720 Speaker 2: they even buy it. Is it part of the contract? 494 00:25:06,280 --> 00:25:09,000 Speaker 2: Do I have to get social security numbers do I have. 495 00:25:09,240 --> 00:25:11,320 Speaker 2: We're gonna break that down when we cut back. It's 496 00:25:11,359 --> 00:25:14,200 Speaker 2: Cannabis Talk one on one talk at some Cannabis Collects 497 00:25:14,600 --> 00:25:16,920 Speaker 2: with Brett right here. We're right back after the break. 498 00:25:17,000 --> 00:25:18,760 Speaker 3: You want to hear your name counted out live on 499 00:25:18,840 --> 00:25:20,840 Speaker 3: the Hill. Come on Penny Times. 500 00:25:22,280 --> 00:25:25,080 Speaker 1: Nineteen eighty can leave on the point mail Make sure 501 00:25:25,119 --> 00:25:27,920 Speaker 1: you like, follow and subscribe to Cannabis Talk one on one. 502 00:25:28,119 --> 00:25:37,159 Speaker 8: Now now back to the number one Cannabis show on 503 00:25:37,240 --> 00:25:41,320 Speaker 8: the planet. You know what get Now back to the 504 00:25:41,400 --> 00:25:45,400 Speaker 8: number one cannabis showing the universe Cannabis Talk one oh one. 505 00:25:45,640 --> 00:25:49,960 Speaker 2: Kelli infexuschool Ron Spectrum, Hempi shuction and products contained cbdcv 506 00:25:50,080 --> 00:25:52,960 Speaker 2: gene and some thirteen hundred other elements that are naturally 507 00:25:53,040 --> 00:25:55,320 Speaker 2: derived substances from the hamp of the planet. 508 00:25:55,400 --> 00:25:57,480 Speaker 3: Make sure you check out the Tinksters, the Water Topic, 509 00:25:57,520 --> 00:25:58,159 Speaker 3: Poles and. 510 00:25:58,280 --> 00:26:01,119 Speaker 2: Event, Bag Bag Bait Collections and Scope Field the Effects 511 00:26:01,160 --> 00:26:07,080 Speaker 2: with Kelly Effects kellifx dot com, RTT Gelfit, Managing partner 512 00:26:07,160 --> 00:26:10,520 Speaker 2: at Cannabis Collects. Grett, it's been interesting talking to you. 513 00:26:10,720 --> 00:26:14,600 Speaker 2: You know, everything you said has been so great on point. 514 00:26:14,800 --> 00:26:16,199 Speaker 2: I really love the fact that. 515 00:26:16,240 --> 00:26:19,920 Speaker 5: You pointed out that your father was an attorney and 516 00:26:20,000 --> 00:26:22,760 Speaker 5: what he did in collections, because it really sets the 517 00:26:22,840 --> 00:26:26,399 Speaker 5: bar high, in my opinion, for what the strategy is 518 00:26:26,640 --> 00:26:29,240 Speaker 5: in house for you guys, and the verbiage that's on 519 00:26:29,359 --> 00:26:32,639 Speaker 5: that paperwork and probably the strategic phone calling. 520 00:26:33,160 --> 00:26:37,200 Speaker 2: I just imagine that that background and that backing of 521 00:26:37,359 --> 00:26:41,720 Speaker 2: having dad is extremely dope. And I really like that 522 00:26:42,960 --> 00:26:47,200 Speaker 2: because you know you have somebody to mentor you in 523 00:26:47,280 --> 00:26:52,439 Speaker 2: a direction that's really a your experience from already getting 524 00:26:52,520 --> 00:26:55,560 Speaker 2: screwed over in Colorado doing companies, which is your own 525 00:26:55,560 --> 00:26:58,960 Speaker 2: anecdotal evidence, but your father's anecdotal evidence. Well, this is 526 00:26:59,040 --> 00:27:01,280 Speaker 2: how you collect legally, and this is what you can do. 527 00:27:02,000 --> 00:27:05,240 Speaker 2: And you mentioned Brett saying don't let this happen to you? 528 00:27:06,280 --> 00:27:08,880 Speaker 2: What do people need to do to not let it happen? 529 00:27:09,000 --> 00:27:11,600 Speaker 2: You were, Yes, I understand that it doesn't bring money 530 00:27:11,640 --> 00:27:16,119 Speaker 2: into cannabis collects if they all did this, but if. 531 00:27:16,040 --> 00:27:18,080 Speaker 7: They did, we know there are people still not going 532 00:27:18,160 --> 00:27:20,160 Speaker 7: to play anyways, There's always. 533 00:27:19,960 --> 00:27:21,320 Speaker 3: Room for cannabis collects. 534 00:27:21,920 --> 00:27:26,399 Speaker 2: But absolutely, how can people be proactive in situations like this? 535 00:27:27,240 --> 00:27:30,080 Speaker 4: Totally? And I know it, you know, like one of 536 00:27:30,160 --> 00:27:34,680 Speaker 4: the biggest initiatives that I have personally right now is 537 00:27:35,200 --> 00:27:39,040 Speaker 4: helping people prevent these issues in the future, knowing that 538 00:27:39,160 --> 00:27:41,760 Speaker 4: I could be bringing in less money for myself on 539 00:27:41,840 --> 00:27:44,879 Speaker 4: the collection business, it really is a driving force. I 540 00:27:45,359 --> 00:27:49,600 Speaker 4: left a CEO position in Colorado to start Cannabis Collects 541 00:27:49,760 --> 00:27:52,160 Speaker 4: in order to help people collect money, and I took 542 00:27:52,200 --> 00:27:54,600 Speaker 4: a big hit. Then thankfully the business has grown. But 543 00:27:54,680 --> 00:27:57,920 Speaker 4: the whole point is how can I help the industry 544 00:27:58,680 --> 00:28:02,399 Speaker 4: better their business period. So with that said, we can 545 00:28:02,440 --> 00:28:05,359 Speaker 4: start from the basics of what does a credit policy 546 00:28:05,480 --> 00:28:09,720 Speaker 4: even mean. Some people don't even know what net terms 547 00:28:10,040 --> 00:28:14,200 Speaker 4: or providing credit truly means. To the heart of it, 548 00:28:14,520 --> 00:28:18,000 Speaker 4: when you're giving out credit, you're giving out a free loan. 549 00:28:18,960 --> 00:28:21,880 Speaker 4: Period you're acting as a bank. And I think when 550 00:28:21,920 --> 00:28:24,520 Speaker 4: you're in the field as a sales rep for a 551 00:28:24,960 --> 00:28:29,119 Speaker 4: cannabis producer a brand, it's easy to get worked around. 552 00:28:29,400 --> 00:28:31,800 Speaker 4: Just the hey, bro, pay me back in fifteen days, 553 00:28:31,880 --> 00:28:34,760 Speaker 4: no problem, you out, pay you back and no worries 554 00:28:35,520 --> 00:28:38,760 Speaker 4: the minute that you're not taking cash on delivery. With 555 00:28:38,880 --> 00:28:44,440 Speaker 4: that transaction, you are giving a customer a free loan. 556 00:28:45,040 --> 00:28:46,400 Speaker 4: And when you go to a bank and you ask 557 00:28:46,440 --> 00:28:51,000 Speaker 4: for a loan, they're asking for everything, your name, your 558 00:28:51,040 --> 00:28:53,840 Speaker 4: social they're getting a personal guarantee, they're going to be 559 00:28:53,920 --> 00:28:56,280 Speaker 4: doing a background check on your business, a credit check, 560 00:28:56,440 --> 00:28:58,840 Speaker 4: all of it. So the first thing you need to 561 00:28:58,920 --> 00:29:02,240 Speaker 4: have all in all you need to have this is 562 00:29:02,280 --> 00:29:04,960 Speaker 4: you need to have paperwork. Period. You need to have 563 00:29:05,240 --> 00:29:08,800 Speaker 4: a trend to some sort of an agreement between you 564 00:29:08,960 --> 00:29:11,640 Speaker 4: and your customer to lay out the terms of the deal. 565 00:29:12,280 --> 00:29:14,880 Speaker 4: Without that, it becomes much harder to collect in the 566 00:29:14,960 --> 00:29:16,880 Speaker 4: future if you don't have some sort of even an email. 567 00:29:16,960 --> 00:29:19,360 Speaker 4: Give me something. We've had people sell businesses on the 568 00:29:19,360 --> 00:29:20,960 Speaker 4: back of a napkin and say they were own a 569 00:29:21,000 --> 00:29:22,960 Speaker 4: million dollars and didn't have an agreement, And I swear 570 00:29:23,000 --> 00:29:24,920 Speaker 4: to God that's happened. And how do you sell your 571 00:29:24,960 --> 00:29:27,320 Speaker 4: business for a million dollars and not have an email 572 00:29:27,480 --> 00:29:29,520 Speaker 4: to talk about the terms. It doesn't make any sense, 573 00:29:29,880 --> 00:29:32,960 Speaker 4: but it's not my business. There now. The goal is 574 00:29:33,080 --> 00:29:37,320 Speaker 4: to have an agreement that explains what the trade is 575 00:29:38,160 --> 00:29:41,240 Speaker 4: and if you can, please put this in there, have 576 00:29:41,440 --> 00:29:45,680 Speaker 4: some default language default clause, meaning what happens if the 577 00:29:45,800 --> 00:29:50,760 Speaker 4: customer defaults on the terms is their interest? Is their 578 00:29:51,120 --> 00:29:54,760 Speaker 4: cost of collection and legal is there any sort of 579 00:29:55,000 --> 00:29:58,360 Speaker 4: personal guarantee language where it says that if they default, 580 00:29:58,680 --> 00:30:02,240 Speaker 4: the owners personally viable. If you can have a personal 581 00:30:03,200 --> 00:30:06,640 Speaker 4: guarantee tied to a debt, it is the best thing 582 00:30:06,720 --> 00:30:08,760 Speaker 4: that you can do to protect yourself all in all, 583 00:30:08,840 --> 00:30:11,320 Speaker 4: because if a company goes out of business, that gives 584 00:30:11,360 --> 00:30:14,080 Speaker 4: you the leverage to then go after the owner or 585 00:30:14,240 --> 00:30:17,760 Speaker 4: whoever signed on that agreement personally, which means you can 586 00:30:17,840 --> 00:30:21,800 Speaker 4: go after any of their personal assets. And even if 587 00:30:21,840 --> 00:30:24,160 Speaker 4: the company's not out of business, who do you think 588 00:30:24,240 --> 00:30:25,840 Speaker 4: is going to get to have more leverage to pay 589 00:30:25,920 --> 00:30:27,920 Speaker 4: you first, the one that has the owner's name to 590 00:30:28,040 --> 00:30:30,960 Speaker 4: an agreement or the person that is just tied to 591 00:30:31,080 --> 00:30:34,480 Speaker 4: the company with no personal guarantee. Now I'm not ignorant 592 00:30:34,480 --> 00:30:37,240 Speaker 4: to the fact of how difficult it is for somebody 593 00:30:37,320 --> 00:30:40,600 Speaker 4: to sign a personal guarantee, especially in our industry. Rarely 594 00:30:40,680 --> 00:30:43,800 Speaker 4: does it happen. However, However, if someone's approaching you to 595 00:30:43,920 --> 00:30:48,160 Speaker 4: provide let's say, fifty thousand dollars or one hundred thousand dollars, 596 00:30:48,240 --> 00:30:50,480 Speaker 4: and if they don't pay you, you're going to go under, 597 00:30:50,800 --> 00:30:54,560 Speaker 4: but your product is really important for that customer, then 598 00:30:54,760 --> 00:30:56,960 Speaker 4: that's a huge negotiation tactic to you. Is that you 599 00:30:57,000 --> 00:30:58,920 Speaker 4: can say, Okay, I'm willing to sign this, I'm willing 600 00:30:59,000 --> 00:31:01,440 Speaker 4: to take this risk if you sign a personal guarantee. 601 00:31:01,640 --> 00:31:04,520 Speaker 4: So a great tool to use now. Aside from the 602 00:31:04,600 --> 00:31:09,680 Speaker 4: right paperwork, the next thing is doing diligence, and most 603 00:31:10,240 --> 00:31:16,040 Speaker 4: industries use credit checks through dun and Bradstreet, Experience TransUnion. 604 00:31:16,320 --> 00:31:18,280 Speaker 4: Right now, if you go through any of those bureaus, 605 00:31:18,600 --> 00:31:21,800 Speaker 4: you're going to get blanks on the report because nobody's 606 00:31:21,840 --> 00:31:26,320 Speaker 4: reporting their data until now. Because what we've been working 607 00:31:26,360 --> 00:31:28,400 Speaker 4: on over the last six or seven months is launching 608 00:31:28,440 --> 00:31:32,000 Speaker 4: the Cannabis Credit Association, which is essentially the very first 609 00:31:32,080 --> 00:31:36,240 Speaker 4: trade credit organization for cannabis where finally there can be 610 00:31:36,760 --> 00:31:41,080 Speaker 4: some data and integrity and transparency throughout the industry, which 611 00:31:41,200 --> 00:31:45,200 Speaker 4: means with our partnership with Cannabis Collects, we have over 612 00:31:45,240 --> 00:31:48,840 Speaker 4: one hundred million dollars of debt of claims that now 613 00:31:48,960 --> 00:31:51,640 Speaker 4: members can access and see who's on the list, who's been. 614 00:31:51,720 --> 00:31:54,880 Speaker 3: Little money, yeah, who owes people, who. 615 00:31:54,760 --> 00:31:57,760 Speaker 4: Owes people money? And because we have that, we have 616 00:31:58,000 --> 00:32:01,640 Speaker 4: all of our members anonymously reporting their ar data so 617 00:32:01,840 --> 00:32:05,080 Speaker 4: everyone else can see who owes them money or who's current, 618 00:32:05,200 --> 00:32:07,920 Speaker 4: who's a good customer, and who's a customer that's not 619 00:32:07,960 --> 00:32:11,320 Speaker 4: paying on time. With this tool, you're now able to 620 00:32:11,440 --> 00:32:15,280 Speaker 4: help make informed decisions before just blindly extending credit. And 621 00:32:15,760 --> 00:32:18,400 Speaker 4: we're going to have the most robust credit scoring and 622 00:32:18,480 --> 00:32:22,240 Speaker 4: credit reporting in the industry in the upcoming in the 623 00:32:22,320 --> 00:32:25,000 Speaker 4: upcoming months, because we're the first ones to actually start 624 00:32:25,040 --> 00:32:28,160 Speaker 4: accummuditating this data to help move this industry forward. So 625 00:32:28,320 --> 00:32:30,240 Speaker 4: I say all that because it's really the first and 626 00:32:30,400 --> 00:32:33,720 Speaker 4: only tool now that companies can use this industry to 627 00:32:33,880 --> 00:32:37,040 Speaker 4: do some sort of investigation and credit checks before blindly 628 00:32:37,120 --> 00:32:40,360 Speaker 4: extending credit. And those two pieces are the most important 629 00:32:41,000 --> 00:32:43,200 Speaker 4: before releasing net terms. 630 00:32:43,200 --> 00:32:44,920 Speaker 3: What's your membership costs for us, Brett. 631 00:32:45,280 --> 00:32:47,480 Speaker 4: It's only one hundred and twenty five dollars a month 632 00:32:47,560 --> 00:32:49,640 Speaker 4: right now because we're launching what we call the founding 633 00:32:49,680 --> 00:32:52,720 Speaker 4: membership to get enough data where the value will continue 634 00:32:52,720 --> 00:32:53,200 Speaker 4: to increase. 635 00:32:54,440 --> 00:32:55,600 Speaker 3: Well, it looks cool. 636 00:32:55,880 --> 00:32:57,960 Speaker 2: I see a lot of big companies that have looked 637 00:32:57,960 --> 00:33:01,880 Speaker 2: at it, talked with you about it. That is cannabizcredit 638 00:33:02,080 --> 00:33:06,320 Speaker 2: dot Com. We got about four minutes left here, Brett. 639 00:33:06,360 --> 00:33:08,400 Speaker 2: I want to do the high five with you as 640 00:33:08,520 --> 00:33:10,880 Speaker 2: Cannabis collects. It has been so fun to learn about 641 00:33:11,240 --> 00:33:13,280 Speaker 2: but learning about you could be great too. How old 642 00:33:13,280 --> 00:33:15,280 Speaker 2: are you the first time you shost cannabis and where 643 00:33:15,320 --> 00:33:15,960 Speaker 2: did you get it from? 644 00:33:17,080 --> 00:33:20,800 Speaker 4: I think I was fifteen and I smoked out of 645 00:33:20,880 --> 00:33:25,920 Speaker 4: a coke can, and I got it from an acquaintance 646 00:33:26,040 --> 00:33:28,000 Speaker 4: of my high school and not even a friend. It 647 00:33:28,120 --> 00:33:30,720 Speaker 4: was just at a random high school party. Gave me 648 00:33:30,880 --> 00:33:32,920 Speaker 4: a coke can and said, you know, do this, do that, 649 00:33:33,120 --> 00:33:34,280 Speaker 4: and let's see what happens. 650 00:33:35,160 --> 00:33:37,480 Speaker 3: Well, there it is. That's there high schooling for you. 651 00:33:37,640 --> 00:33:39,960 Speaker 3: Question number two five to five, what is your favorite 652 00:33:39,960 --> 00:33:40,880 Speaker 3: way to use cannabis? 653 00:33:42,320 --> 00:33:44,720 Speaker 4: I like to use it to help me sleep, so 654 00:33:46,160 --> 00:33:49,080 Speaker 4: you know, whenever I'm having issues going to sleep, if 655 00:33:49,160 --> 00:33:52,560 Speaker 4: I use a eight pen, it puts me right out. 656 00:33:52,720 --> 00:33:55,239 Speaker 4: So simple, neck, crazy neck. 657 00:33:55,280 --> 00:33:57,560 Speaker 3: Great. Cannabis is just really relaxed. You like that? 658 00:33:57,800 --> 00:34:01,320 Speaker 2: Just oh nothing, i'd been able to fall asleep, but 659 00:34:01,360 --> 00:34:03,400 Speaker 2: there's nothing worse when you can't fall asleep. 660 00:34:03,800 --> 00:34:05,920 Speaker 3: Question number three of the high five craziest place you 661 00:34:06,000 --> 00:34:07,840 Speaker 3: ever used or smoked cannabis? 662 00:34:10,040 --> 00:34:13,839 Speaker 4: Hmm, that's a good one. I would have to say 663 00:34:15,760 --> 00:34:19,640 Speaker 4: Joshua Tree. You know, and I'm a California guy, not 664 00:34:19,760 --> 00:34:24,000 Speaker 4: a California guy, so Joshua Tree National Park smoking, smoking 665 00:34:24,080 --> 00:34:26,800 Speaker 4: up a jay just like an beautiful larium. 666 00:34:26,880 --> 00:34:29,600 Speaker 3: Come on now, I'm gonna close right next to California. 667 00:34:30,600 --> 00:34:32,759 Speaker 4: Yeah, it was, that's right, it was. It was great 668 00:34:33,600 --> 00:34:34,560 Speaker 4: question number. 669 00:34:34,360 --> 00:34:35,399 Speaker 3: Four of the high five. 670 00:34:35,520 --> 00:34:38,560 Speaker 2: But Brett managing partner at Cannabis collects, what is your 671 00:34:38,600 --> 00:34:40,319 Speaker 2: go too munchies after you get high? 672 00:34:40,400 --> 00:34:41,719 Speaker 3: Mister healthy looking over there? 673 00:34:42,200 --> 00:34:43,960 Speaker 4: Oh my god, you're gonna hate me for saying this. 674 00:34:44,080 --> 00:34:45,640 Speaker 4: And my friends would make so much fun of me. 675 00:34:45,760 --> 00:34:48,600 Speaker 4: But you know, while they'd be ordering pizza and candies, 676 00:34:48,760 --> 00:34:51,120 Speaker 4: and especially in high school and college, I would always 677 00:34:51,400 --> 00:34:53,080 Speaker 4: I don't know if you've ever seen at the grocery store, 678 00:34:53,120 --> 00:34:56,239 Speaker 4: they have these like cotton candy grapes. They're grapes that 679 00:34:56,360 --> 00:35:00,400 Speaker 4: taste like cotton candy. Because I eat so much, especially 680 00:35:00,400 --> 00:35:03,320 Speaker 4: when I'm high, I have to protect myself from just 681 00:35:03,719 --> 00:35:06,239 Speaker 4: going nuts on it. So usually I would do like 682 00:35:06,320 --> 00:35:08,600 Speaker 4: the Taco bell cheesy gordy to crunch like. That was 683 00:35:08,640 --> 00:35:10,759 Speaker 4: always my staple until I realized like it was just 684 00:35:10,840 --> 00:35:14,600 Speaker 4: getting insane. So then I went for the cotton candy grapes, 685 00:35:14,719 --> 00:35:16,359 Speaker 4: you know, from the grocery store, and would just snack 686 00:35:16,440 --> 00:35:18,439 Speaker 4: on those and felt much better about myself in the morning. 687 00:35:18,680 --> 00:35:21,919 Speaker 3: Oh those are and those are phenomenal. If nobody's had those, 688 00:35:22,320 --> 00:35:25,160 Speaker 3: you really have to find yourself some of those great munchies. 689 00:35:25,480 --> 00:35:27,640 Speaker 3: Question number five with the high five Brett. 690 00:35:27,680 --> 00:35:30,720 Speaker 2: If you could smoke cannabis with anyone dead or alive, 691 00:35:30,840 --> 00:35:31,919 Speaker 2: who would it be and why? 692 00:35:34,239 --> 00:35:39,960 Speaker 4: Probably my grandfather, you know, just because I would First 693 00:35:40,000 --> 00:35:41,200 Speaker 4: of all, I would love to go back in time 694 00:35:41,280 --> 00:35:43,279 Speaker 4: with him in the first place, but then to have, 695 00:35:43,880 --> 00:35:47,319 Speaker 4: you know, an experience smoking weed with him, to kind 696 00:35:47,320 --> 00:35:49,960 Speaker 4: of open up him a little bit, to really get 697 00:35:50,080 --> 00:35:51,799 Speaker 4: get the ins and outs of someone I look up 698 00:35:51,840 --> 00:35:55,160 Speaker 4: to the most. He's no longer living right now, it 699 00:35:55,200 --> 00:35:58,040 Speaker 4: would be it would be unbelievable. Probably smoke weed with him. 700 00:35:58,040 --> 00:36:01,200 Speaker 4: And then I smoked with my grandma, uh maybe about 701 00:36:01,239 --> 00:36:03,280 Speaker 4: five or six years ago, who is just a complete 702 00:36:03,480 --> 00:36:08,720 Speaker 4: like she's like the perfect teacher's pet, you know, singer, actress, model, whatever, 703 00:36:08,840 --> 00:36:10,200 Speaker 4: And I never thought in my life I get her 704 00:36:10,280 --> 00:36:11,800 Speaker 4: to smoke weeds. So it'd be cool to kind of 705 00:36:11,800 --> 00:36:13,239 Speaker 4: see the differences between them for them. 706 00:36:13,360 --> 00:36:18,160 Speaker 3: High Well, what a beautiful scenario and situation. And hopefully 707 00:36:19,760 --> 00:36:21,160 Speaker 3: you know, is Grandpa still alive? 708 00:36:21,200 --> 00:36:23,920 Speaker 4: You say, no, he's no longer he's been about ten 709 00:36:24,040 --> 00:36:25,520 Speaker 4: years or so, so it'd be cool to throw it 710 00:36:25,600 --> 00:36:26,920 Speaker 4: back with him on a pre roll. 711 00:36:27,040 --> 00:36:29,279 Speaker 3: Yeah, well that would have been nice. Well, Brett, it's 712 00:36:29,320 --> 00:36:32,359 Speaker 3: a pleasure meeting you. People want to find out the site. 713 00:36:32,440 --> 00:36:35,640 Speaker 2: You guys want to use these type of websites when 714 00:36:35,640 --> 00:36:38,160 Speaker 2: you're in this industry because of course you're trying to 715 00:36:38,160 --> 00:36:41,160 Speaker 2: collect money. Cannabis Collects dot com if you want to 716 00:36:41,239 --> 00:36:44,759 Speaker 2: learn about companies, Cannabis credit dot com and you can 717 00:36:44,880 --> 00:36:47,279 Speaker 2: learn about other companies out there, and of course you 718 00:36:47,360 --> 00:36:50,000 Speaker 2: can always follow them on the gram at Cannabis dot 719 00:36:50,080 --> 00:36:52,000 Speaker 2: Collects to get your money back. 720 00:36:52,080 --> 00:36:53,520 Speaker 3: Right now, Brett, is there anything else you want to 721 00:36:53,560 --> 00:36:54,400 Speaker 3: mention before we let you go? 722 00:36:55,440 --> 00:36:57,800 Speaker 4: No, I think I think you nailed it and I 723 00:36:57,840 --> 00:37:01,080 Speaker 4: really appreciate being on the pod. Thanks a lot, no. 724 00:37:01,200 --> 00:37:03,040 Speaker 2: Doubt, brother, it was a great time having you on 725 00:37:03,239 --> 00:37:06,319 Speaker 2: and if nobody else loves you, we do take care. Brother. 726 00:37:06,400 --> 00:37:07,040 Speaker 4: Thank you for your time. 727 00:37:07,600 --> 00:37:10,360 Speaker 1: Follow Cannabis Talk one on one on all social media 728 00:37:10,600 --> 00:37:13,240 Speaker 1: and Cannabis Talk one oh one. Thank you for listening 729 00:37:13,320 --> 00:37:15,840 Speaker 1: to Cannabis Talk one oh one with Blue with Joe Grande, 730 00:37:16,239 --> 00:37:19,759 Speaker 1: the world's number one source for everything cannabis and make 731 00:37:19,840 --> 00:37:22,560 Speaker 1: sure you like, follow, and subscribe to Cannabis Talk one 732 00:37:22,600 --> 00:37:23,279 Speaker 1: O one now