High Spirits: The Cannabis Business Podcast

High Spirits: The Cannabis Business Podcast

Hosts Ben Larson and AnnaRae Grabstein serve up unfiltered insights, reveal their insiders' perspectives, and illuminate transformative ideas about the cannabis industry for people who want to make sense of it all.

Episodes

June 10, 2025 โ€ข 56 mins

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The path to cannabis normalization has never been straightforward, but as our industry faces critical regulatory crossroads, a fundamental truth emerges: consumers want cannabinoids. The "great hemp experiment" initiated by the 2018 Farm Bill has conclusively demonstrated mainstream appetite for these products across political spectrums and geographic boundaries.

Our wide-ranging conversation examin...

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AnnaRae Grabstein and economist Andrew Livingston explore the economic impact of cannabis legalization across America and examines the complex regulatory challenges facing both cannabis and hemp businesses in today's market. Through analysis of state markets, policy trends, and business dynamics, Andrew reveals why some markets thrive while others struggle to compete with illicit alternatives.

โ€ข Over $24...

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Cannabis industry experts discuss the stark contrast between Texas's recent ban on hemp-derived THC products and New York's efforts to strengthen its regulatory framework through a new track and trace program. Mark Hauser shares insights on market maturity, regulatory challenges, and the uncertain future facing both hemp and cannabis businesses.

โ€ข Texas just passed SB3, banning hemp THC products des...

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Convenience stores are positioned to introduce cannabis to a new wave of consumers with their unmatched retail footprint of 150,000 locations nationwide and accessibility to 90% of Americans within a 10-minute drive.

โ€ข Convenience stores have evolved from selling "gas, cokes, and smokes" to embracing new categories as tobacco sales decline
โ€ข Lower-dose (5mg) THC products outperform higher-dose o...

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Jesse Redmond, Head of Investor Relations and Business Development at Leaf Brands, brings his unique perspective as a former Wall Street investor and cannabis dispensary owner to discuss the challenging landscape of public cannabis companies. His insights reveal why certain companies are weathering the storm better than others and how innovative strategies like Bitcoin treasury reserves and strategic farm investments ...

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Ben and AnnaRae explore the latest cannabis market developments across multiple states and at the federal level, highlighting both progress and persistent challenges. They dissect New York's comprehensive market report showing local brands outperforming multi-state operators while California cannabis businesses organize against impending tax increases.

โ€ข Ben shares insights from Atlantic City's MJ U...

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Kris Walker from Hoodie Analytics joins us to decode cannabis market trends following 4/20, revealing how competing holidays, demographic shifts, and pricing strategies impacted this year's sales performance. Data shows 4/20 sales dipped 12% year-over-year, highlighting the industry's need for smarter decision-making beyond reflexive discounting.

โ€ข 4/20 fell on Sunday this year, competing with Easte...

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Mitchell Osak, veteran cannabis consultant and founder of Cannabis Management Review, joins us to share insights on navigating the complex cannabis business landscape and finding success through fundamental business principles.

โ€ข Hemp and cannabis policy debates highlight the challenges of finding middle ground in an increasingly polarized environment
โ€ข Cannabis business dynamics parallel historical prece...

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Dave Daly, founder of Grav Labs, shares his 20-year journey from creating the original Gravitron in his parents' garage to building an iconic cannabis accessories brand that's now expanding into THC beverages.

โ€ข Building a differentiated product with the original all-glass gravity bong in 2004
โ€ข Growing through innovation when a simple taster product helped save the company from debt
โ€ข Navig...

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The world of cannabis isn't isolated from global economic shiftsโ€”it's deeply embedded in them. When the Trump administration announced sweeping new tariffs against major trading partners, from China to Canada, few analysts considered how these protectionist measures would impact an industry that's already entirely domestic by legal necessity.

In this deep-diving conversation, Ben and Anna Rae u...

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๐ŸŒฟ๐ŸŽ™๏ธ Join us on High Spirits as Ben & AnnaRae dive into a hot topic that's reshaping the landscape of the cannabis beverage industry. As states begin to align hemp beverage regulations with those governing alcohol, the implications for brands, manufacturers, distributors, and consumers are significant. This episode explores the legislative shift that is integrating hemp beverages into the alcohol regulatory ...

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In todayโ€™s discussion, we explore the evolution of Bengal Capital from a hedge fund to a more hands-on private equity firm that doesn't just invest but actively participates in steering companies towards success. We'll unravel the layers of Bengalโ€™s unique approach to cannabis investing, focusing on smaller, often overlooked entities rather than the larger MSOs, and how this strategy sets them apart in a sat...

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๐ŸŒฟ๐ŸŽ™๏ธ ๐Ÿ๐Ÿ ๐’๐ญ๐š๐ญ๐ž๐ฌ ๐ข๐ง ๐Ÿ• ๐Œ๐จ๐ง๐ญ๐ก๐ฌ?! ๐‰๐จ๐ข๐ง ๐ญ๐ก๐ž ๐‡๐ข๐ฉ๐ฉ๐ข๐ž ๐–๐š๐ญ๐ž๐ซ ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง! ๐ŸŒผ๐ŸŒˆโœŒ๏ธ

Join hosts Ben & AnnaRae on High Spirits as they dive into the world of launching a THC-infused beverage company with the founders of Hippie Water. We're thrilled to welcome Sasha Pieterse Sheaffer and Taylor Eileen Sewell to discuss the dynamic launch and rapid expansion of their brand...

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Note to our listeners: Apologies for the poor sound quality on this episode. We experienced a bit of a technical snafu in the recording. We will be back on track next week!

๐ŸŽ™๐‰๐จ๐ข๐ง ๐”๐ฌ ๐Ÿ๐จ๐ซ ๐š๐ง๐จ๐ญ๐ก๐ž๐ซ ๐‚๐š๐ง๐ง๐š๐›๐ข๐ฌ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ ๐๐ž๐ฐ๐ฌ ๐‘๐จ๐ฎ๐ง๐๐ฎ๐ฉ!๐ŸŒฟ

It's been another eventful month in the world of cannabis, and we're excited to talk about it. Tune-in to find out what&a...

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Join Ben Larson & AnnaRae Grabstein on High Spirits as they explore the journey of transforming a hemp marketplace and media site into a multi-state cannabis brand with a strong community focus. We'll be joined by Kate Miller, co-founder and CEO of Miss Grass , who has masterfully steered the brand from its roots as a hemp marketplace to a prominent player in the regulated cannabis market.

๐Ÿš€ ๐—”๐—ฏ๐—ผ๏ฟฝ...

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Join Ben & AnnaRae on High Spirits as we delve into the world of cannabis retail with Christopher Violas, CEO of BLAZEยฎ. This episode explores how cutting-edge technology and strategic market insights are reshaping the cannabis industry from the ground up.

๐Ÿš€ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—˜๐—ฝ๐—ถ๐˜€๐—ผ๐—ฑ๐—ฒ: In this discussion, we'll cover the impact of technology and operational efficiency in cannabis retail. Chr...

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๐ŸŒฟ ๐“๐ก๐ž ๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐จ๐Ÿ ๐’๐ฎ๐ง๐ ๐ซ๐จ๐ฐ๐ง ๐‚๐š๐ง๐ง๐š๐›๐ข๐ฌ ๐ŸŒฟ

Join us on this week's episode of High Spirits: The Cannabis Business Podcast, where we delve deep into the verdant fields of Humboldt County with Scott Vasterling, the visionary founder of Humboldt Family Farms. Discover the rich legacy of cannabis cultivation and the promising future of sungrown cannabis in one of the industry's most...

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Tune in to our next episode of ๐—›๐—ถ๐—ด๐—ต ๐—ฆ๐—ฝ๐—ถ๐—ฟ๐—ถ๐˜๐˜€ as we unravel the complexities of receivership and the intricacies of bankruptcy within the cannabis and hemp industries. We're joined by Ted Lanes, the "๐™‚๐™ง๐™š๐™š๐™ฃ ๐™๐™š๐™–๐™ฅ๐™š๐™ง" of finance, to shed light on what these financial states mean for businesses and creditors alike.

๐Ÿš€ ๐—”๐—ฏ๐—ผ๐˜‚๐˜ ๐—ง๐—ต๐—ถ๐˜€ ๐—˜๐—ฝ๐—ถ๐˜€๐—ผ๐—ฑ๐—ฒ: We delve deep into the fin...

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๐ŸŒฟ ๐‘๐ž๐š๐œ๐ก๐ข๐ง๐  ๐๐ž๐š๐ค ๐๐ž๐ซ๐Ÿ๐จ๐ซ๐ฆ๐š๐ง๐œ๐ž ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“: ๐‹๐ž๐ฌ๐ฌ๐จ๐ง๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐„๐๐ ๐ž ๐ฐ๐ข๐ญ๐ก ๐Œ๐ž๐ฅ๐š๐ง๐ข๐ž ๐‚๐ฎ๐ซ๐ญ๐ข๐ฌ ๐ŸŒฟ

Dive into a thrilling new episode of ๐—›๐—ถ๐—ด๐—ต ๐—ฆ๐—ฝ๐—ถ๐—ฟ๐—ถ๐˜๐˜€ as we explore the intersection of peak performance in high-stakes environments with Melanie Curtis, a professional skydiver, world record holder, and acclaimed performance coach. Join us as we unravel the...

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๐˜ž๐˜ฆ๐˜ฆ๐˜ฆ๐˜ฆ'๐˜ณ๐˜ณ๐˜ณ๐˜ณ๐˜ณ๐˜ณ๐˜ฆ๐˜ฆ๐˜ฆ๐˜ฆ ๐˜ฃ๐˜ข๐˜ข๐˜ข๐˜ข๐˜ข๐˜ข๐˜ข๐˜ค๐˜ฌ! Join us for the first episode of the year on ๐™ƒ๐™ž๐™œ๐™ ๐™Ž๐™ฅ๐™ž๐™ง๐™ž๐™ฉ๐™จ, where we scope out the evolving world of cannabis beverages through the lens of Craig (Lewie) Lewis ๐Ÿฅƒ๐Ÿ†, the CEO & Co-Founder of Flyers Cocktail Company. We're kicking off 2025 by diving into the category dominating our minds and the airwaves.

๐Ÿ“ฃ Quick shout out to our tit...

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