Joy Hollingsworth on running a cannabis business with her family & social equity | Heart Of The City скачать в хорошем качестве

Joy Hollingsworth on running a cannabis business with her family & social equity | Heart Of The City

In October 2013, Raft Hollingsworth called a family meeting at his parents' home. Nothing new there. But this time Raft (the baby of the family) had a Power Point deck. He had a business proposition for them. With recreational cannabis newly legal in the state of Washington, he saw an opportunity for him and his family to get in on the ground floor. Mom was impressed by the presentation. So was his dad. And by the end of the night they'd agreed to help. Dad ended up investing his entire retirement fund to bankroll the startup. Big sis, Joy, was not onboard initially. In fact, she "thought he was psycho" 🤪 But love overcame doubt and eventually she did as she had done so many times since they were kids, and backed up her little brother. The family business was launched in their 100 sq foot basement. Today they have a 30,000 square foot farm, outfitted with eight greenhouses. 🌿 Joy and Raft run day to day operations of The Hollingsworth Company (THC) [See what they did there?], and count their ability to work with family as the most valuable asset in their growing company. It can also be the biggest liability. LOL. Joy joined us on HOC Live to discuss, building a family business as well as the unique challenge of navigating the ever shifting regulatory landscape that governs the cannabis business. You can also listen on your favorite podcast player by clicking http://smarturl.it/HeartofTheCityPod