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DH

David Hua

10/11/18

@ Y Combinator

The implementation of stricter compliance testing led to many brands being removed from the market, causing a significant supply shortage.

Video

YC

Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends

@ Y Combinator

Cannabis Startup Founders David Hua and Vincent Ning on Legalization, Banking, and Industry Trends

10/11/18

Related Takeaways

NK

Nikhil Kamath Cast

10/07/23

@ Nikhil Kamath

A common reason brands fail is compromising on quality for speed; maintaining high standards is crucial for long-term success.

DH

David Hua

10/11/18

@ Y Combinator

The cannabis supply chain has been reconfigured since legalization in 2018, requiring growers to navigate complex licensing and compliance processes.

DH

David Hua

10/11/18

@ Y Combinator

The cannabis market is becoming more expensive, but consumers benefit from a wider selection and product testing due to legalization.

M

MrBeast

01/12/23

@ Lex Fridman

The biggest challenge with Feastables has been keeping products stocked in stores like Walmart due to high demand and supply chain issues.

JP

Jordan Peterson

08/19/22

@ Lex Fridman

The COVID lockdowns broke supply chains, demonstrating how quickly economic systems can be disrupted by government actions.

Lv

Luis von Ahn

12/01/23

@ The Logan Bartlett Show

Many consumer companies struggle because they rely heavily on performance marketing, which can erode profit margins and lead to unsustainable business practices.

A

Alexandra

09/18/18

@ Y Combinator

We faced challenges with our product's pre-order sales drying up and struggled to maintain press coverage as our product wasn't ready for manufacturing yet.

MA

Marc Andreessen

11/27/24

@ PowerfulJRE

Tobacco companies, after facing sanctions, bought food companies and are now promoting unhealthy food, which is a significant concern.

DH

David Hua

10/11/18

@ Y Combinator

Many medical cannabis patients have turned back to the illicit market due to price imbalances between legal and illegal products.