Lead-Lag Live

Kyle Kazan on Cannabis Industry Evolution, Strategic Real Estate Insights, and Overcoming Federal Challenges

Jan 8, 2025
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ANECDOTE

Learning by Doing and Hiring Up

  • Kyle Kazan, initially clueless about apartments, learned by doing and hiring experts.
  • He applied this approach to cannabis, partnering with expert Graham Farrar.
INSIGHT

Cannabis Land Grab Strategy

  • Kazan criticizes multi-state operators' land grab strategy in the cannabis industry, focusing on limited license states and vertical integration.
  • He argues that this approach leads to growing cannabis in suboptimal conditions, impacting quality and cost.
INSIGHT

Trump's Stance on Cannabis

  • Trump views cannabis as a states' rights issue and supports deregulation, according to sources close to Kazan.
  • This stance could significantly impact the industry, potentially opening up interstate commerce.
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