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Members-Only Event: The Future Of The Cannabis Industry
Members-Only Event: The Future Of The Cannabis Industry

Forbes

time17-04-2025

  • Business
  • Forbes

Members-Only Event: The Future Of The Cannabis Industry

Cannabis is still illegal on the federal level, but that hasn't stopped entrepreneurs from creating a $30 billion industry. Join us on Monday, April 21st at 12 PM EST as some of the most successful founders talk about what it is like to do business, and where the opportunities are, in America's blossoming weed economy. Attend and learn: Will Yakowicz Forbes Will Yakowicz is a staff writer on the vices beat, covering cannabis, gambling and more. He believes in the many virtues of vices. Previously at Forbes, he covered the world's richest people as a member of the wealth team. He has also been a staff writer at Inc. magazine where he wrote about entrepreneurs doing business in the legal fringes of society. Before that, he reported stories that took him to the West Bank, Moscow and Brooklyn. Kristi Palmer Forbes Kristi Palmer is the co-founder and president of Kiva Confections, makers of the most recognized, trusted, and beloved cannabis and hemp edibles available across the U.S. Her passion for creating a healthy regulatory environment for the industry led to serving on the boards of several reputable cannabis trade organizations including nine years on the Board and a term as President for CCIA (CA Cannabis Industry Assoc.), and as a founding Board member of CCMA (CA Cannabis Manufacturer's Assoc.). Kyle Sherman Forbes Kyle Sherman is the Founder and CEO of Flowhub, the cannabis retail software company for dispensaries nationwide. In addition to founding Flowhub, Kyle is the creator and producer of The Great American Dispensary Tour docuseries, which showcases the intersection of culture, policy, and technology shaping the future of the cannabis industry. Kyle has been named on Cannabis 42.0 by Forbes, Top 100 Cannabis Leader by Entrepreneur Magazine, and 30 AND UNDER by Business Insider. Kyle's leadership extends to his work as a Founding Director and former Vice Chair and Treasurer of the Cannabis Trade Federation (CTF), as well as a Founding Director of the US Cannabis Council (USCC), organizations dedicated to building an inclusive cannabis industry and passing federal cannabis legislation.

Extra: 'Debanking' And The Future Of The Cannabis Industry
Extra: 'Debanking' And The Future Of The Cannabis Industry

Fox News

time03-03-2025

  • Business
  • Fox News

Extra: 'Debanking' And The Future Of The Cannabis Industry

It's been 29 years since California became the first state to legalize marijuana for medical use and just 13 years since Colorado and Washington legalized recreational use for adults. Since then, it has become legal in some form in 39 states and Washington D.C.. But despite being a legitimate multibillion dollar industry, marijuana is still illegal under federal law, making cannabis companies unable to use the federal banking system and reliant on cash. Therefore, it remains challenging for businesses operating legally in their state to use the federal banking system, and they must operate primarily in cash. Kyle Sherman, the founder and CEO of Flowhub, recently spoke with Chris Foster of Fox News Rundown about why Congress needs to update marijuana and banking laws and why working primarily in cash is terrible for both industry and the government. Sherman also discusses the state of the marijuana business, whether it has expanded too fast in some places, and where it's possibly going. We often must cut interviews short during the week, but we thought you might like to hear the full interview. Today on Fox News Rundown Extra, we will share our entire interview with Flowhub CEO Kyle Sherman, allowing you to hear more about the growing marijuana industry and its challenges going forward. Learn more about your ad choices. Visit

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