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Scaling the 13th Largest Medical Marijuana Company in Florida - Brady Cobb - Founder of Sunburn Cannabis [Replay]

Scaling the 13th Largest Medical Marijuana Company in Florida - Brady Cobb - Founder of Sunburn Cannabis [Replay]

FromMasters of Moments


Scaling the 13th Largest Medical Marijuana Company in Florida - Brady Cobb - Founder of Sunburn Cannabis [Replay]

FromMasters of Moments

ratings:
Length:
78 minutes
Released:
May 8, 2024
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.   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/3yg8PwoTopics:(00:00:00) - Intro(00:01:52) - From Law to Cannabis: Brady Cobb's Entrepreneurial Journey(00:02:37) - The Legacy of a Cannabis Smuggler: Brady Cobb's Inspirational Backstory(00:06:23) - Navigating the Complex World of Cannabis Business(00:13:31) - The Evolution of Cannabis Legislation and Its Impact on Business(00:26:26) - Inside the Operations: The Challenges of Running a Cannabis Company(00:31:14) - Understanding Cannabis: From Farming to Market Dynamics(00:37:58) - CBD vs. THC: Demystifying Cannabis Components(00:40:24) - Exploring the Complex World of Cannabis(00:41:35) - Personal Anecdotes and Preferences in Cannabis Consumption(00:42:10) - Innovations and Partnerships in Cannabis Beverages(00:44:28) - The Significance of Culture and Community in Business(00:48:27) - Security Challenges and HR in the Cannabis Industry(00:59:17) - Building a Brand and Raising Capital in Cannabis(01:14:23) - Future Aspirations and Closing Thoughts
Released:
May 8, 2024
Format:
Podcast episode

Titles in the series (67)

Masters of Moments involves conversations with top entrepreneurs and business leaders about hospitality, Real Estate investing, and company building. We explore the ideas, strategies, and approaches that brought them to where they are today. This podcast is for you if you are a seasoned investor, an upstart entrepreneur, or someone looking to break into the real estate and hospitality investing world. Jake Wurzak is the CEO of DoveHill Capital Management and Wurzak Hotel Group, a leading vertically integrated hospitality investment platform. Since 2011, he’s led the investment of $1.5 billion in hotel assets throughout the country. Follow Jake on Twitter: https://twitter.com/JWurzak Take the Hospitality Real Estate Investing Masterclass: https://learn.jakewurzak.com/ Subscribe to the show on YouTube: https://www.youtube.com/channel/UCzvzdJASDiEXhV9VhkaEoWA Learn How to Invest with DoveHill: https://dovehillcos.junipersquare.com/portal/view_lead_capture_form/MzhmOGE4MTUwMjZhNDZkNmU1MGE0NmYwOTdhZjk2MzAxYzE0MjIzMGdBV1ZEUUFBQUFBQUFBQW9UVzhJVFdzTlRrNkpkSlF1 DoveHill: www.dovehillcos.com