[00:00:06] Introduction to the episode and David Spradlin, CEO of Goldenhour Collective.

[00:00:51] Discussion on the rise of hemp-derived products and the loophole in the 2018 Farm Bill.

[00:05:01] Personal anecdotes about the prevalence of hemp products in states like Alabama.

[00:06:02] The difference between full-spectrum cannabis and synthetic hemp-derived compounds.

[00:09:51] The importance of consumer education and the risks of unregulated products.

[00:12:14] How to identify trustworthy dispensaries and ask the right questions.

[00:15:02] Insights into sustainable farming practices and supporting legacy cannabis growers.

[00:17:12] Closing remarks and how to connect with Goldenhour Collective.

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.

• [00:00:31] - Overview of main industry challenges: price compression and market access
• [00:05:57] - Discussion of potential solutions and policy changes
• [00:10:46] - Impact of alternative markets and competing products
• [00:12:17] - Analysis of systematic industry consolidation
• [00:14:08] - Reflection on unfulfilled promises of the "green rush"
• [00:16:02] - Comparison of cannabis markets across different states
• [00:17:18] - Discussion of successful regulatory models

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.

• [00:00:34] - The shift back to legacy cannabis and small farm support
• [00:04:52] - Defining legacy cannabis farmers and their importance
• [00:08:12] - The role of activism and advocacy in industry evolution
• [00:11:31] - Business guidance for family-owned cannabis farms
• [00:16:27] - Practical advice for farm operations and planning
• [00:19:30] - Requirements for partnering with Golden Hour
• [00:21:54] - The importance of preserving California's cannabis regions
• [00:27:56] - Discussion of cannabis tourism potential
• [00:29:18] - The need for infrastructure and revenue drivers in cannabis tourism

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.

[00:00:00] Introduction and Haylee's entry into cannabis

[00:01:55] Transition from recreational use to professional understanding

[00:04:42] The complexity of cannabis effects and plant characteristics

[00:09:36] Educating consumers on informed cannabis choices

[00:12:20] Indica vs. Sativa: Debunking myths and understanding terpenes and cannabinoids

[00:14:52] Tips for new dispensary visitors

[00:17:15] Advice for budtenders on customer interaction

[00:18:18] The story behind the Goldenhour Collective

[00:22:12] Unique aspects of the Goldenhour Collective

[00:24:39] Sustainable and ethical farming practices

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.

[00:00:37] The Regulatory Landscape

• Discussion of how California's cannabis system appears "built to fail"
• Analysis of the $191 million in cannabis seizures
• Impact of overtaxation on industry sustainability

[02:01] Black Market Analysis

• Debate over true size of illicit market
• Discussion of crossover between legal and illegal markets
• Supply chain challenges for small growers

[04:04] Growing Methods & Environmental Impact

• Comparison of sun-grown vs indoor cultivation
• Environmental regulations affecting outdoor grows
• Discussion of water usage and contamination issues

[06:27] Quality Control Challenges

• Recent increase in product recalls
• Issues with testing lab credibility
• Problems with current oversight system

[08:32] Industry Future Predictions

• Comparison to beer and wine industry evolution
• Discussion of potential "extinction event" for small farms
• Role of craft cannabis in future market

[11:29] Golden Hour's Approach

• Focus on supporting family farmers
• Importance of sustainable and regenerative growing
• Strategy for sourcing quality cannabis

[19:28] Political Landscape

• Discussion of legislative challenges
• Analysis of pay-to-play politics
• Impact on small producers

[21:42] Working with Legacy Farmers

• Building trust with skeptical growers
• Development of sustainable partnerships
• Creating new business models

[27:10] Business Sustainability

• Discussion of inventory management
• Building farmer relationships
• Long-term business strategy

[29:36] Taxation Issues

• Analysis of increasing tax rates
• Impact on market competitiveness
• Barriers to legal market success

[37:28] Future Outlook

• Importance of consumer education
• Role of farmers markets
• Fighting for industry preservation

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.

[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.