In this episode of Under the Microscope, host Jenny Germano launches the Podcasts Cannabis Operator Series, and fireside chat with Dan Koogler from TS Labs. They discuss Dan's journey from the military to the cannabis industry, detailing his experiences with navigating cannabis operations and ownership. Dan shares insights into building a successful cannabis business in Denver, Colorado. Listen in and discover strategies to confront regulatory hurdles, facility construction challenges, the value of a committed work ethic, and adapting to market demands. The conversation highlights the importance of consumer data, hiring the right team, and maintaining high product quality. Practical advice for new operators includes understanding local regulations, having sufficient capital, and fostering relationships with regulatory bodies. The episode serves as an informative guide for current and aspiring cannabis operators, offering real-world examples and solutions to common industry challenges.
🎙 Our Guest Info: Dan Koogler from TS Labs
👉 Check out my website: ICS Consulting
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Time Stamps
00:00 Introduction and Host Background
00:48 Guest Introduction: Dan Koogler of TS Labs
01:00 Dan's Background and Journey into Cannabis
04:42 Challenges in Getting Operational
12:40 Product Line and Market Adaptation
16:01 Lessons Learned and Advice for New Operators
19:29 Building Relationships with Regulators
22:42 Consumer Feedback and Product Quality
23:37 Challenges in the Colorado Market
24:08 Regulatory Changes in Colorado's Cannabis Industry
25:46 Challenges Faced by Cannabis Businesses
27:59 Financial Struggles and Payment Issues in the Cannabis Market
32:22 Building a Dedicated Team
37:43 Veterans in the Cannabis Industry
40:38 Commitment and Quality in Cannabis Production
42:15 Innovations and Trends in Cannabis Products
45:15 Final Thoughts & Wrap Up
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