• Cannabis CEO Chronicles: David Spradlin’s Story (Part 1)

  • Jan 15 2025
  • Durée: 36 min
  • Podcast

Cannabis CEO Chronicles: David Spradlin’s Story (Part 1)

  • Résumé

  • [00:00:35] Origins in Construction and Early Cannabis

    • Growing up as a troubled kid turned construction worker
    • The 2007 economic crash that changed everything
    • First experience growing cannabis

    [03:40] Early Days of California's Medical Market

    • The significance of Proposition 215 and SB 420
    • Growing cannabis in the "dark grey" legal space
    • The Bay Area's influence on medical cannabis

    [09:11] First Steps into the Industry

    • Navigating early dispensary culture
    • The dangerous side of Sacramento's cannabis scene
    • The transformative moment that changed his perspective

    [12:07] Building a Professional Dispensary

    • Creating a welcoming environment for patients
    • Attending Oaksterdam University
    • Opening first location with $17,000

    [19:12] Federal Pressure and Adaptation

    • The 2011 federal crackdown through landlord letters
    • Negotiating with local authorities
    • Strategic transition to new locations

    [27:34] Evolution of Magnolia/RCP Sacramento

    • Rebranding for legitimacy
    • First major retailer to unionize workers
    • Building protection through professionalism and community support

    [31:23] Surviving and Thriving Through Raids

    • Implementing raid protocols
    • Strategic positioning pays off
    • Building trust with staff and community

    DISCLAIMER: The Goldenhour podcast provides information about cannabis and related topics for general informational and entertainment purposes only. The content is intended for adults 21+ and should not be considered medical, legal, or professional advice, as cannabis remains federally illegal in the United States and laws vary by jurisdiction. The views expressed by hosts and guests are their own, and any discussions about health effects, business opportunities, or consumption should not be taken as recommendations. By listening to this podcast, you acknowledge that you are solely responsible for complying with applicable laws in your jurisdiction and that any actions taken based on the information presented are entirely at your own risk.

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