Hellos And Setting The Table

SPEAKER_02 0:10

Welcome to this week in Cannabis Live. I am Jay Rosenthal. Nope. That is Jeremy Burke. That that is Mark Hauser. And that is Anna Ray Grabstein. Hello, everybody.

AnnaRae Grabstein 0:21

Hello.

SPEAKER_02 0:23

Good morning. Good morning. I like this Friday time we spend together.

AnnaRae Grabstein 0:27

Me too.

SPEAKER_02 0:28

Me too.

AnnaRae Grabstein 0:29

It's like a pre-Shabbat check-in in some way.

SPEAKER_02 0:35

Purim was earlier this week and Passover a couple weeks ends. So uh I might be doing this from uh warmer climates uh in the coming weeks, uh heading down to Florida for part of Passover with the family. Uh yeah, nobody needs to know that. Except you three.

SPEAKER_03 0:50

Down in Yelpoca Vista?

New York’s $4.6B Ambition

SPEAKER_02 0:52

Yelboca, basically the fountains in Lake Worth, Florida, which is for those who don't know, that's like one of the original uh places where Bubbi and Z and Day Bubbies and Zadies went. But and the Bubbies and Zadies mostly came from New York, which is a good segue to our first thing I want to talk about, which is uh well last week we talked about the new uh, I guess interim, uh executive director or CEO of the OCM. This week he had his first meeting. John Kagia um said something awesome during the meeting, talking about it was uh could be a$4.6 billion market in New York by 2028. But in the context of he said uh we were hoping we'd be at the$3 billion mark by the end of the day. He was talking about um at the actual meeting, which I think was March 5th, but we're a few pennies short. Somebody please go buy something today to help us hit that number, which I think is a great thing for him to say. The OCM executive director wants more people to buy more weed. That seems to be a good sign in the industry. Um uh$4.6 billion market would make it massive if if New York got there. Jerry, you watched some, read some. What is your takeaway about KGA's first uh meeting in charge?

SPEAKER_01 1:56

Yeah, I did. I did watch the meeting. Um he's well, John's always been a very smart guy. I've I've said that on the show before. Uh, you know, as I previously covered, New York OCM and cannabis control board meetings, you know, John's sort of uh uh uh presentation about market size, market dynamics was always the most interesting thing to me. And I think it's no surprise that that was the biggest takeaway of his first uh discussion in in this role, right? And so, you know, he he gave us some pretty bullish growth numbers. I think, you know, 4.6 billion, like you said, Jay, that would actually put it larger than uh California's market in 2025. And so um, you know, I think the point stands is that the uh you know locus of the cannabis world is shifting east. Um, you know, John's in charge, and I think that's a good thing. Um, and also, you know, I think it's it's no surprise that a lot of industry leaders, industry executives from the private sector have come out in support of John over the past few weeks. You know, even people like Kierley's CEO and founder Boris Jordan has spoken in support of John. Um, a number of attorneys and investors that are in all in our networks have spoken in support of John. So look, like I think it's it's good, I think it's bullish, and I think I'm excited to see uh where he takes the agency moving forward.

SPEAKER_02 3:08

Uh Anna Ray, uh being bigger than California, does that ruffle feathers out there?

AnnaRae Grabstein 3:14

No, it's been my prediction all along. I think that when I last yeah, at the at the dollars and cents, at the population, at the stores, uh it's it's has seemed to be that New York should be able to be a four billion dollar market, unquestionably. And uh 4.6 sounds good to me. And I hope to see more markets that are joining the party and and doing better than California.

SPEAKER_02 3:41

Yeah. Does that surprise you, Mark, that it's gonna be that big or at some point as soon as they open enough stores?

SPEAKER_03 3:47

No, it doesn't surprise me when bit either. Um, I mean, you know, I I I don't know that I fully agree with that that it will be, you know, that it's gonna become the next or sorry, the locus of of cannabis, in that, you know, I it's I think it will, you know, it may be for companies and brands and sales, but you know, I think that there it will be a long time before California loses the um the more sort of um I I the the the the intangible you know sort of of just being sort of the heart of of uh high quality you know cannabis uh that that that is that's hard to replicate. That's hard that's hard to pull that kind of branding away.

Will New York Eclipse California

AnnaRae Grabstein 4:31

What the difference when you compare kind of what New York and California have had to overcome in terms of transition to legal markets, the the the overcoming for California has been about unlicensed cultivation. And in New York, it's been broadly about unlicensed retail, basically. It's that and and I think that which one is is harder to end and and maybe has had a has had less humans or economic impact. And I think that ultimately it's gonna be easier for New York to create a retail environment that serves consumers um than it is for California to figure out a way to completely shut down its illicit production. And those are really kind of that's like the biggest driver of the failure to launch or the the challenges that California has is just how much cannabis is grown here that um that does not end up in the legal stores and gets to people in all kinds of other ways.

SPEAKER_02 5:34

Well, it it gets to people in bodegas in New York too. So it's it's not they're not unrelated, I would say. Um it's just easier for it's I guess it's easier to I guess crack down on bodegas than it is to crack down on massive greenhouses in California. Can I shift to I think that's a good point?

SPEAKER_03 5:49

I'm sorry, just before we we jump, you know, I just on a related note to what Ana Ray just was talking about, there was an interesting um panel or sort of presentation yesterday by the Berkeley, I'm gonna mess up the name here, the Berkeley Canvas Research Center, which is an academic, um sociological, economic, and um and and uh I guess geographic sort of center set up that's backed by the state. Um and they presented yesterday a really interesting paper after years of study about what is what drives um illicit you know unlicensed cultivation and what helps mitigate it. And their conclusions are um expanding access to licenses, which was an interesting, you know, it is worth um and they back it up. They back it up with numbers, with studies. It's worth sort of pulling, you know, digging that up. I and I recommend that to our to our listeners here, our watchers.

Cracking Down: Illicit Cultivation Vs Retail

SPEAKER_02 6:45

We we will link to it in the comments in the show notes. If I may, take a quick segue into uh what we released this week with our partners at Littlelerts, which is this month's, or I guess last month's uh New York brand power rankings. And it's hard to see here, I realize, because it shows the top 50, but I will direct you to the top left, the top 10. The brands are the same. There's slight movement within, but I actually want to direct you to number uh 13 and 14, which are Wilde and Grun, which are now the same company, moving up both three spots. So uh, and and a lot of the movement sort of on the tail end of the of the 50 as well. Sort of the yellow ones are new, uh, green ones moving up, red ones moving down. But Grune and Wilde caught my eye. They both moved up, uh, some of the biggest movers of the month, and they're moving together, which I don't know if it's coincidence, good operations, or a real dedicated look at the market, but um, I would not be surprised to see them crack the top 10 either together or separately in coming months. Um, this has been fun to track, and I think we're getting interesting sort of feedback from the market on this. Um does that surprise you that Grune and Wilde are moving together up this chart, Anna Ray.

AnnaRae Grabstein 7:57

No, I think what's more interesting is that this this chart represents a um an integrated brand list of multiple form factors, and um edibles are a are a smaller portion of the market generally, but are really growing at a faster rate than other form factors in particular, like seeing just a systemic decline of flower over time. And so it's not just wild and groom, but right above them is Camino, which is another edible brand. And um, for an edible brand at all to be in a top 10 that is a is that is of a multi-category list, just shows how consumer behaviors and preferences are shifting to more non-inhalables. And that is something that I think is going to continue to be uh a trend that we see, which would mean that flower-only companies might start to see their rankings degrade while edibles and other non-inhalables and more simple form factors uh will continue to be more popular.

SPEAKER_02 9:02

And Mark, that would suggest good for the industry overall, I would imagine, in terms of brand building, but also relative profit per product, no?

SPEAKER_03 9:11

Well, I yeah, I mean, I I think that it's um, you know, it it's not it isn't that a terribly surprising. I mean, you know, you've got um because it wouldn't be surprising because it is a little easier to build brands with the edibles, um, just because there's few, you know, it's easier to sort of replicate the product, you know, across the country, um, and you've got fewer SKUs to promote. I wonder if any of that is driven by the New York numbers, that fact is driven by the fact that it and again, I'm I I don't know this for sure, but is it it might be a little harder to smoke in an apartment building, in a large apartment building. A lot of apartment buildings might have prohibitions on that. I don't know if that's true, but maybe that might be what you know what makes it what makes that form factor a little more attractive, that being edibles in New York versus others.

SPEAKER_02 10:04

Well, Jeremy's Jeremy's our resident expert on smoking.

Research On Illicit Markets And Licenses

SPEAKER_01 10:08

I have a I have a uh a consumer perspective on this. One is that uh New York has legalized smoking cannabis anywhere you can smoke cigarettes, right? And so that means three corners, um, you know, anywhere you can do it on the stoop. And so look, like, yes, while it's true that apartments have bans, it's like you can sort of just step outside and do it. Um, you know, I I actually do think that is part of it. Um I think the bigger reason is that, you know, for those who like flour, like rolling their own, it's becoming more of a craft thing, right? In the same way that that craft beer is. And so I think in New York you still have pretty robust networks of illicit, you know, non-storefront flour sellers. And so the people that prefer that are probably just using that, right? It's it's less taxed, it's less expensive. Um, they're going through that channel. Whereas, you know, the average person that goes into a dispensary, um, you know, maybe once a week or or once a month, however, they do their shopping, um, that is more likely to be a consumer with a little bit more discretionary income and the ability to buy edibles, beverages, uh, those form factors that are sort of like one step removed down the chain of flour. So, Mark, yeah, I think I think I think it's both. I think it's one is that people live in apartments, two, it's just that the um, you know, the average dispensary consumer is probably getting funneled into these sort of you know more expensive per dose of THC, and also uh, you know, culturally a different product than uh you know rolling a blonde on a stoop.

SPEAKER_02 11:39

Also, uh weather in New York in February.

SPEAKER_01 11:42

Weather, yeah.

SPEAKER_02 11:43

Um, but this brings up uh something I didn't want to need to share, but Megan McLean, McCain, um, did I hold on, did I add this? Hold on. Hold on, remove, add. Uh, she tweeted this week. I would never have supported the legalization of marijuana had I known what would end up happening to young people in our cities. I deeply regret every major city and Uber in them, just reeks of weed everywhere. It's an absolute, it's absolutely vile. Do we care what Megan McCain thinks about things?

AnnaRae Grabstein 12:12

Not really. I want to say is bless New York for allowing people to smoke cannabis where they can smoke cigarettes. I personally feel absolutely the opposite of Megan McCain. And I love smelling cannabis as I walk down the street in New York. It brings me extreme joy, and I am not the only one. So I'm just gonna say, like, let's not let her take all the oxygen out of the room. How many of you guys like the smell of weed when you walk down the street? Yeah, uh-huh.

New York Brand Power Rankings

SPEAKER_01 12:41

I mean, look, I, you know, there there is the smell, it is the one thing. Like, it is just a general, it's a nuisance for a lot of people, and it's sort of the argument that you know the anti-cannabis side has been focusing on because their other arguments don't really hold up under statistical scrutiny, right? And so they look at this, it's a quality of life issue, um, and it's an easy way to, you know, for Megan to get a lot of engagement on on Twitter, which is, you know, her career. Um, and so uh, you know, uh so two things. One is that I think New York made the decision to allow smoking cannabis anybody can smoke cigarettes purely because it's an enforcement issue, right? It wasn't necessarily a quality of life thing. They just said, look, like if we are gonna legalize cannabis, we cannot uh you know arrest everyone for smoking on every single block in New York. And so um there is that mechanism where like, you know, no matter how many people in New York don't like it, it's never going to be enforced. Um, there's a lot of things that people don't like about what other people do in New York City that will never go enforced. And this is maybe one of them. Um, you know, but two, I think it in other states, like, you know, it may be incumbent upon the industry and consumers to sort of, you know, fix those problems and put a good foot forward. And I don't mean that just by personal behavior. I just mean in states where you're more, you know, driving around, et cetera, um, where, you know, maybe consumption lounges, um, there's a policy carve out for consumption lounges, like maybe it does make sense to rein in consuming in public. Like drinking in public is still not allowed. So all that is to say, like, I'm on I'm on both sides of the fence there. Um, I do think that, you know, given the state of American politics and the state of cannabis politics in America, um, you know, there are certain things that uh, you know, maybe we should be a little bit careful about. And I think the the smell of weed in public is is just now becoming one of them, rightfully or wrongfully. Um, but it is becoming a flashpoint.

Edibles Rise As Flower Slips

SPEAKER_03 14:36

Yeah. Well, and you also have uh there has been this trend lately, and to me, I see it sort of as as her tweet is just another example of this of a little bit more of conservative backlash against you know, against legal. We just saw this earlier this week in the article in the journal about um about teen, you know, uh uh high school use, you know, and school use, even though you know the article admits that the statistics show that that you know use among children um and sorry, minors has gone down and continues to drop. But you know, but the but they of course, you know, the article is a handful of stories, individual stories of kids, you know, doing dumb stuff at at high school, which they're not supposed to. And so, you know, so it's sort of like, yeah, we we uh recognize the statistics, but we don't care because it's still bad, you know. And so I think that we can't, you know, it it's it's easy to be dismissive. I think, Jeremy, to your point is is that it's easy to be dismissive, but we need to be, you know, as we try to legitimize the product, we need to at least be acknowledging and respectful that there are you know two sides of this coin.

SPEAKER_02 15:49

I agree. Can I I you I I want to talk trends a bit, Mark. You sort of brought it up about trends and use, of course, but uh where maybe one of the more mature and certainly nationwide markets here in Canada, where one in Ontario you can smoke wherever you can smoke cigarettes, uh, Germany, you can do the same thing here. So whether you are in New York or just north of the border in Ontario, you can do the same thing. Just don't bring it across the border. That's just a word of warning. Uh, either way, bad idea. Buy it here, buy it there, but don't go from one to the other. But in uh there were stats this week about alcohol and cannabis sales in Canada. Um, alcohol sales are down 4.2% nationwide, and cannabis sales are up 11.5% nationwide. Now, alcohol still accounts for sort of five or six times as much, but yeah, if you had to be on if you had to be on one of those trends, you'd rather be on cannabis trend than alcohol trend. And this is where I think um, to your point, last week, Anna Ray, um alcohol uh alcohol and beverage companies are looking at at these two very rudimentary charts um to say we need to make up ground. Is this concerning to them or is this why they're taking action, or how does this impact sort of what they're thinking from your experience last week in Miami?

Culture, Apartments, And Consumption

AnnaRae Grabstein 17:02

Um I don't I didn't think there was anything new about this. This is just more of what's been going on and and I I don't think it's correlated. Uh the Brewers Association put out an interesting piece and they really broke down a bunch of data where they were showing that while beer is declining, it's not because people are turning to cannabis. Um and and so I think it's just generally there are new consumer behaviors, and alcohol is paying attention, just like all packaged goods and venture capitalists and investors are paying attention because the most important thing is to pay attention to consumer signals. And consumer signals continue over time to show us over the past decade that people are interested in cannabis, they want to explore it, and there's more and more consumers who continue to become a new user all the time as innovation brings us new product categories and and brands are repositioning themselves in new ways. And and Canada is continuing to innovate in new ways, of like bringing products and brands more forward in ways that it was much more restrictive earlier on in the market. And so because of that kind of loosening of certain elements of the market, I think it makes a lot of sense that it continues to grow and that they hadn't yet captured everyone that was interested in the category.

SPEAKER_02 18:25

I will also say in Ontario and most of Canada, booze is very expensive relative to cannabis too. So while it may not be correlated, there is a there's an economic component to this as well, where cannabis is much more economical, to be quite honest, even though it's relatively expensive here to other places. But alcohol is brutal here. Like we don't, it's just very, very expensive in Ontario.

AnnaRae Grabstein 18:46

Data did remind me that the entire national cannabis market in Canada is sort of the size of a of a good state in in the US. It reinforced that for me. I hadn't seen that total number for a while.

SPEAKER_01 18:58

Canada is about the size of a big state. So by population.

AnnaRae Grabstein 19:02

What was it? Two and a half billion or something like that. Yeah, two and a half billion. Yeah, yeah.

SPEAKER_02 19:07

Yeah, yeah. About 40 million people. Um, we weigh we punch way above our weight class in hockey talent, uh, I will say, and actually basketball talent too.

SPEAKER_01 19:17

So uh basketball talent.

SPEAKER_02 19:18

Basketball talent. Definitely. Our largest retailer here has two uh cannabis retailer has 220 stores. They just announced that this week. They opened their 220th store, uh, Canacabana High Tide. So imagine one retailer having 220 stores in California, basically. Like they'd be super popular on the realm. Uh and they are popular here, but that is a it's a very big footprint for high tide. Um, just sort of footnote to sort of all of that. Mark?

SPEAKER_03 19:48

No, I just made a poutine joke, so that's all I had.

SPEAKER_02 19:51

Well, there's actually poutine news this week. Do you know this? That um squeaky curds. But you're welcome for the segue. Cheese curds in Quebec are trying to get their own um geographical indicator. So, like Champagne or Bordeaux, they're trying to get Quebec squeaky cheese, basically, cheese curds. So that if you want to make proper um poutine, and that pop poutine is way on the rise in other places, including uh the US, you have if you want to call it poutine and you want to use actual poutine cheese, it has to come from Quebec and they want to sort of that that I love uh I love all my French Canadian friends, but this just seems like another Quebec rent-seeking classification, like maple syrup and you know the entire province.

SPEAKER_01 20:35

But you know, I I I digress, I do love poutine.

AnnaRae Grabstein 20:37

Bringing it back to cannabis, this is this is really a discussion around appellations and and wine proved it as a value. And in California, we actually have a cannabis appellations program that is in the law and is regulated by the Department of Cannabis Control, uh, in order to be able to do the same thing and to say if you're gonna put Humboldt on the label that this is the what you know has to be from Humboldt and this is what counts as from Humboldt, etc.

SPEAKER_02 21:05

One small note on this because Jeremy's making fun of it. There actually is a strategic maple syrup reserve in Quebec. Um, and it actually got stolen a couple years ago.

SPEAKER_01 21:14

Um there's a great show about it. You should watch it, the sticky. Great show. Very Canadian. Americans don't understand how you know there's aspects of the Canadian economy, not to get into much of a digression, that are very bizarre to Americans. And it's these cabals of dairy farmers and maple syrup and telecoms.

SPEAKER_02 21:35

The economy is bizarre. If you call it a cabal, you're not gonna be let back in, Jeremy. Um, speaking of cabals, uh, that's my transition to uh the um Supreme Court of the United States. This week heard oral arguments about uh cannabis users or gun owners' ability to use cannabis or um Mark, you're our resident lawyer. Um were you paying attention to this? Paying attention to this? Is it just strange bedfellows that are funded? watch or are is there real implications here?

SPEAKER_03 22:02

I wrote I wrote amusings about it. And uh yeah no it was it's an interesting case. You know I don't know that it really has that much impact for cannabis. But it is fascinating to sort of see how um how you know the the the support from what's traditionally a you know a more right leaning um uh uh sort of constituency is is is you know is is supporting uh supportive uh you know in a in sort of an indirect way of of what's traditionally a left leaning uh constituency um I think that uh it's uh to me you know I I think this this is all just it's good sort of in terms of just continuing to change the narrative about cannabis and making it you know the the you read the the the back and forth and none of the justices were say you know we're trying to liken cannabis to mainlining heroin you know it was um you know it was really more of talking you know I mean there's a mention I think by Gorsuch or something it may have been referring saying that well I think I'm paraphrased but gummies are legal in Colorado and it's you know and he said you know he says legal and it's like well they are legal in Colorado but you didn't you also didn't say yeah but they're illegal anyway yeah otherwise he didn't say that and I think that you know it's that kind of rhetoric the way it's sort of changed in the minds of Americans um that you know and some of the more conservative Americans that I I think that that speaks a lot as to the progress this industry has made it's the coolest thing Gorsuch. Sorry?

Media Narratives And Youth Use

SPEAKER_01 23:47

It's the coolest thing Gorsuch has ever said in his entire life probably I would be uh I would be remiss if I didn't mention it I'm I'm I'm not a lawyer so Mark you can just totally correct me everything I say is probably about to be wrong but um you know Gorsuch and the conservative justices I understand a very textualist approach and there was this sort of digression where they're talking about what the definition of a habitual drunkard would have been um under the first uh you know the the first iteration of the rule and it was I think it was you know eight shots of whiskey a day was would not classify and so uh I just thought that was a hilarious digression on the Supreme Court. So so there thereby the logic was that if eight shots of whiskey wouldn't preclude someone from owning eight shots of whiskey per day wouldn't preclude someone from owning a firearm how could a gummy you know every night to sleep do the same thing in the modern era and so that was a pretty interesting discussion. I'd never heard anything like that debated on the Supreme Court before and I, you know Gorsuch maybe I don't agree with all his politics but he explained it very well and it was very interesting to listen to. Yeah.

SPEAKER_02 24:54

That is a good another another good segue because um there was a story in our newsletter this week uh and and regular news too about a bill in Louisiana to have a pilot project for legalizing cannabis and Louisiana yes Louisiana um speaking of things you could do outside you could drink certainly in the French quarter as much as you want outside as long as you're not holding glass I think like there's there's some really weird rules in and certainly in in um in New Orleans about drinking uh I've certainly used cannabis in Louisiana but it's a fairly conservative state the politics are wacky to follow I think that's probably part of it but um movement in southern states whether this is movement or not at least a bill is being introduced like this seems to be sort of a trend an array that more conservative places are thinking about this. Is this because they already have THC beverages and they're sort of movement or is it something else?

Cross‑Border Trends And Canada Data

AnnaRae Grabstein 25:47

New Orleans has been a great market for THC beverage. Uh shout out to Eric Becker of Louis Louis he's a friend of mine who makes a great beverage that's very much born and bred from New Orleans and um I think that it's more about that they do have a very simple and restrictive but existing medical program. And once once a state implements a medical program very quickly it starts to be like oh okay that wasn't so bad. The sky didn't fall and um and they'll start getting in inbound about the challenges of and the restrictiveness of a medical program that more consumers want to be able to participate and access it. And certainly those businesses that are in the medical program also are frustrated by the lack of access to consumers and to the market. So I think that this bill is more just the natural progression of a market that has a medical program. I think what was a bigger surprise to me was the way that it was proposed which was that the existing medical licensees would get exclusive access to an adult use market for I think three years. And um if they had licensed a lot of operators maybe I wouldn't have flinched so much but Louisiana licensed very few operators. I think there's only two cultivators in the state um very very few supply chain operators so this type of offer to those folks is really a golden ticket if they can have a monopoly for for a few years. So I I bet they're excited.

SPEAKER_02 27:29

And they at least if they do legalize it like this then Megan McLean uh McCain will never visit New Orleans. So that might be a benefit that might push this over the edge people might vote for that um I'm just kidding.

AnnaRae Grabstein 27:40

I'm just kidding I'm sure she's lovely uh uh but probably not a great deal knows how to have a good time um they I think are ready for this and I mean I have some friends that live there and just watching all of their pictures and Mardi Gras like there is so much intoxication in in that city that I think that some cannabis is ready to just like take the temperature down a little bit and chill everyone out wouldn't necessarily be such a bad thing.

Retail Scale And Market Oddities

SPEAKER_02 28:11

Way less spilt beer and vomit uh is my guess if there was more cannabis and wait till she smells those two things because it's terrible. Yeah I mean so I think I think once again we see sort of the intersection both at the Supreme Court and Louisiana and in New York and California. The intersection of cannabis and politics is is right there all the time and I think we'll see more of it not less of it as sort of time goes on towards the um towards the midterms although I uh there hasn't been any movement we could do this we could do a countdown clock for how many days there has not been movement on rescheduling since the president's uh December announcement um and and anybody hearing anything other than uh false tweets from some people of the cannabis media there was there was somebody posted something on um I have no idea there's no attribution to it but some somebody posted something on on Reddit under um weed stocks about a senior advisor to President Trump tells the president is very disappointed with Bonnie's inaction on cannabis rescheduling yeah but she blames it on the DEA so who you know but again there's no attribution to it like where this quote even came from so yeah well if that's true maybe we'll we'll see her get get uh get bounced because it's tis the season Christy gnome former governor of South Dakota got bounced uh this week to some fake job um and uh just just a quick note that she was against the voters in South Carolina South Dakota uh on their legalization effort she always has been and she uh hates cannabis almost as much as Megan McCain it it may be that that that unattributed quote may be why cannabis stocks are the pretty much the only stocks that are in the green today you know who knows so I would be hesitant uh to follow unattributed quotes yeah yeah I mean cannabis stock traders they they they love unattributed quotes yeah it's they look for anything so I love I love cannabis stock traders don't get me wrong but they they they are um volatile volatile volatile bunch and volatile stocks both yes yes well I want to thank uh you Anna Ray you Jeremy and you mark for your time on this Friday show this week in cannabis live we'll be back next Friday which I think is also Friday the 13th again is that right yikes we've got two back to back months with Friday the 13th it is yeah yeah um but we'll be okay we're not superstitious i i I have a diff the opposite superstition and I think a Friday the 13th is good luck.

AnnaRae Grabstein 30:42

You also like possums you like you're quite the contrarian my my grandparents were set up on a blind date on Friday the 13th and I wouldn't be here today if uh if that hadn't happened. Now we know uh uh Anna Ray just to go double back on something we talked about last week did you watch did did you see Saturday live with uh with Rosie I didn't see it I've I watched a clip or two uh yeah I I hadn't didn't know I didn't send you all the clips okay yeah send me all the best clips yeah I'm not good at keeping up with live television well is anybody is there live television no one is yeah you know yeah if if if it was then CBS NBC and ABC would be in much better shape um thank you all for your time here at this week in cannabis live because everyone's just what everybody we have we probably have as many viewers as live maybe paramount by us what's that maybe paramount too word with with Allison yeah offered by end of day please any babies that want to buy us we are here for it um all right everybody thanks so much we'll see you next week