Thinking of Investing in The Cannabis Industry? Listen To This First! Industry Expert Brandon Burkhart. With Alex Vorobieff - Episode #51

Confident ROi with Alex Vorobieff

Industry expert and CEO of state of the art Nevada Cannabis cultivation project, Brandon Burkhart talks to Confident ROi about the evolution of the industry and what he learned along the way. He reveals the mistakes that new investors are making and shares how he is future-proofing his Cannabis business against the inevitable price drops by using Six Sigma and Kaizen principles.

Clover Creek Cultivation’s website - https://www.clovercreekcultivation.com/

Brandon’s LinkedIn - https://www.linkedin.com/in/hydroponicsinc/

Topics Discussed:

Introduction – 0:01

Brandon’s background in the cultivation industry – 1:17

How starting a hydroponic store at 23 taught Brandon the value of “buying right” – 5:07

How taking trips to China to meet his suppliers face to face gave Brandon the edge over his competitors – 6:34

Brandon’s stories from his travels – 9:09

How Brandon got complacent and lost over $100,000 on a deal that went south – 10:51

How he eradicated mistakes and ensured no future bad deals – 12:27

How Brandon spotted a gap in the lighting market, and as a result set up a whole new venture – 14:35

How making sure every employee was a cannabis cultivator helped everyone to align with company values and connect with customers – 23:27

With the current investment rush into the cannabis industry, what mistakes are the big corporations making? – 25:57

Why Brandon is making a shift towards using greenhouses and the sun to grow his plants, rather than using huge warehouses with artificial lights – 29:47

How the increase in competition is driving down prices, and why growers need to learn from the principles used in large scale agriculture in order to stay competitive – 31:42

What are some of the largest costs that go into growing cannabis? – 35:06

What is the Clover Creek Cultivation? How did it come into being? – 38:12

How face to face relationship building with the local city council helped Brandon eliminate any issues with the general public after license approval – 42:49

Why Brandon feels mistakes are a crucial part of becoming successful in business – 45:50

Brandon’s contact details and his belief in Instagram marketing – 47:58