81 min listen
#23: Brady Cobb - Founder of Sunburn Cannabis
ratings:
Length:
78 minutes
Released:
Jul 26, 2023
Format:
Podcast episode
Description
Selling weed is in Brady Cobb's blood. Using shrimp boats and a suntan lotion company as a cover, his father, Bill Cobb, ran one of the country's largest pot smuggling enterprises in the 1980s, until the federal government arrested him and shut down the $300 million ring during "Operation Sunburn." The younger Cobb became a lawyer and cannabis lobbyist before founding his own marijuana company, Bluma Wellness, which he sold in April 2021 to Cresco for $213 million in an all-stock deal. In November 2022, Cobb took his father's rich history of smuggling and launched Sunburn in Florida, a vertically integrated dispensary chain with nine retail shops. Sunburn is the 13th largest medical marijuana company in Florida, the company is valued at $105 million and will generate around $50 million in revenue by the end of its first year in operation. On this episode, Jake & Brady discuss: How Brady's father got into the world of Cannabis smuggling Opportunities in the Cannabis industry Building a Cannabis farm and distribution operation How to raise capital in Cannabis Links: Sunburn Cannabis Brady on Instagram Lefay Resorts Italy Connect & Invest with Jake: Follow Jake on Twitter: https://twitter.com/jwurzak Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/ Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo
Released:
Jul 26, 2023
Format:
Podcast episode
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