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Detailed text transcripts for TV channel - MSNBC - 20150105:08:18:00

Really where i believe is the future of cannabis. this happens to be one dose of five milligram thc watermelon cream. it is literally flying off the shelves. this is just one sku across every single product line. we ll have a low-dose product. this industry could be considered a rebirth for cannabis. it s approaching a 900 plus million dollar industry where infused products represent 50% of the market. as we go out across this national expansion, what is the value of dixie? why would affiliates sign up with us? it s because of what tripp just said. for them to figure how to innovate, how to package it, label it, how to produce it consistently, it s extremely expensive. now they don t have to invest in that upfront. they can have the benefit that have r&d and knowledge and experience to immediately launch the most recognizable brand in the business in their state. we have plenty of resources now to do things we want to do to expand the brand and build the company. ....

Watermelon Cream , Product Line , Tripp Keber , R D ,

Detailed text transcripts for TV channel - MSNBC - 20150105:03:01:00

Year. this year we re going to do 12 million. i m talking all chips in. i hate to fail. we want to be the costco of marijuana. in this episode, you ll enter the hottest part of the legal marijuana world, edibles. tripp keber is building an empire on the unquenchable hunger and thirst for these new products. these are made by dixie. this is their elixir. but it s all new and serious problems emerge. we don t have access to capital. we can t go out and buy a $200,000 piece of equipment. i can t describe to you the fear that i ve been carrying with me for the last three weeks. the government intervenes. and we passed that rule in emergency fashion. it would be the end of the edible industry. when you go for 500 bottles a month down to zero, that s quite a bit of profit loss right there. this regulatory tsunami can drown the new industry. can tripp and his colleagues survive? it s marijuana and it s all legal. ....

Kids Who Overdosed On Marijuana , Milligram Edibles , Tripp Keber , Edibles Industry , Emergency Fashion , Profit Loss ,

Detailed text transcripts for TV channel - MSNBC - 20150105:03:26:00

It had to be made easily separable at the point it was scored. more troubles for the edibles industry. while the new rules about dosing and packaging were wreaking havoc, the news runs stories on black market attempts to make edibles at home. a regulatory tsunami of new safety rules was just over the horizon, threatening to halt production. the opposition may not be able to shut down the edibles industry, but a barrage of shifting regulations could cause a war of attrition. dixie is running on oil reserve, unable to create marijuana oil because of new fire department regulations. their assembly line won t be rolling again until they get a new explosion-proof hood for their extractor. cheapest i found is $25,000. you have to have the certifications. butane guys blowing themselves up. this is something we allocated, what, three gs for. because the requirement they re putting us under is silly. indecisions will cost my company everything. so what are we going to do? ....

Edibles Industry , Black Market Attempts , Wreaking Havoc , Safety Rules , Oil Reserve , War Of Attrition , Fire Department , Wont Be Rolling , Marijuana Oil ,

Detailed text transcripts for TV channel - MSNBC - 20150103:10:43:00

Companies that are supplying the product. great pricing power. lots of cash. lots of profits. that s why this is a business everybody is now talking about. everybody is rushing out there to get into it. brendan, it s still very young. this is brand-new industry. have you seen already some breakouts who will be successful and a bunch of people shut down already? what we re seeing are the establishment of brands and that will be the big difference over the next five to ten years. for the first time you ll see trusted professional brands in this industry. are you starting to see some breakouts already? i think as you covered in your segment, dixie is one that is really interesting in that they are talking about cannabis in a mainstream professional way, and that s really how americans think about this product. 54% of americans believe it should be legal. it s a product. that s what we saw over and ....

Brendan Kennedy , Business Everybody , Pricing Power , Dollara Year Industry ,

Detailed text transcripts for TV channel - MSNBC - 20150103:10:39:00

in the last two months the state of colorado has dealt with two significant tragedies where it appears that marijuana in one form was involved. i will say that dixie was quick to stand in front of the camera and get in front of the issue and make sure consumers understand that these products have to be consumed in moderation. with the industry still in its infancy, it s a future that is totally uncharted, speculative, and at the same time potentially very lucrative with one study predicting a billion-dollar-a-year industry by 2018. i m delusionally confident. i believe that companies will compete with big alcohol and big tobacco. there s no end to what marijuana potentially could do for the american economy. what has it done for us in colorado? raised millions. created tens of thousands of jobs. almost literally overnight. as you can see, it s not ....

Dollara Year Industry , A Billion , Big Tobacco , Tens Of Thousands ,