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LFTD Partners (OTCQB: LIFD): A Profitable Manufacturer and Distributor of Hemp-derived and Psychoactive Products

Episode 320 Published 3 years, 2 months ago
Description

My guest on the show today is Gerry Jacobs, CEO, and Nick Warrender, COO, LFTD Partners, Inc. (OTCQB: LIFD). LFTD Partners Inc., Jacksonville, FL (OTCQB ticker symbol LIFD) is the parent corporation of Lifted Made, Kenosha, WI (www.LiftedMade.com), which manufactures and sells hemp-derived and psychoactive products under its Urb Finest Flowers and Silly Shruum brands. LFTD Partners Inc. also owns 4.99% of CBD-infused beverage and products maker Ablis Holding Company (www.AblisBev.com), and of craft distillers Bendistillery Inc. d/b/a Crater Lake Spirits (www.CraterLakeSpirits.com) and Bend Spirits, Inc. (www.Bendistillery.com) all located in Bend, OR.

  I was made aware of LFTD Partners by Scott Weis from Semco Capital, and after doing a quick dive into the company, I invited them on to better understand how LFTD has gotten to where they are today.   You hear me gush a little bit in this interview, not a recommendation nor do I own LFTD Partners, but I've been interviewing cannabis companies for 8-9+ years now, was right there at the beginning interviewing psychedelics companies, and have chatted with countless investors/experts that are active in the space. The majority of the companies, I would argue, have or will fail in building a business in cannabis or psychedelics, especially in this nuclear winter, negative sentiment environment for this space. And so, when I come across a company like LFTD, I wanted to share a story that, for all intents and purposes, is not just surviving, but also thriving. That's not to say there hasn't been bumps in the road, which we discuss, as well as:
  • Lifted Made's brands: Silly Shruum and Urb Finest Flowers
  • Managing regulatory risks
  • Building out their distribution and sales networks
  • Importance of Brand IP; and
  • Running a psychedelics/cannabis company through the current nuclear winter/negative sentiment
With that, please enjoy my conversation with Gerry Jacobs and Nick Warrender from LFTD Partners, Inc.  

Today's episode is sponsored by:

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This podcast was recorded and is being made available by SNN, Inc. (together with its affiliates and its and their employees, “SNN”) solely for informational purposes. SNN is not providing or undertaking to provide any financial, economic, legal, accounting, tax, or other advice in or by virtue of this podcast. The information, statements, comments, views, and opinions provided in this podcast are general in nature, and such information, statements, comments, views, and opinions, and the viewing of/listening to this podcast are not intended to be and should not be construed as the provision of investment advice by SNN. The information, statements, comments, views, and opinions expressed in this podcast do not constitute and should not be construed as an offer to buy or sell any securities or to make or consider any investment or other course of action.

The information, statements, comments, views, and opinions expressed in this podcast (including by guest speakers who are not officers, employees, or agents of SNN) are not necessarily those of SNN and may not be current. Reference to any specific third-party entity,

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