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Kevin Wallace, the owner of Enchantment Growth, shares his journey from the oil fields and bull riding to becoming a key player in New Mexico’s cannabis industry. Expect to learn about how cannabis is reshaping industries like oil and gas, the challenges of an oversaturated cannabis market in New Mexico, and the future of consumption lounges and retail experiences. Do you think cannabis lounges will become a staple in every city, or are they a niche experience? Follow Kevin: https://enchantmentgrowth.com/ Instagram: @thesyndicatenm #CannabisEducation #CannabisIndustry #SustainabilityInCannabis #CannabisPolitics Follow us on X - @pharmersmedia Follow us on Instagram - @pharmersbrands More info about Pharmers at https://pharmersquality.com/ 00:00 - Welcome to The Syndicate Lounge 00:48 - Hobbs, NM: A Growing Industry Hub 02:25 - The Intersection of Oil, Gas, and Cannabis 03:36 - Cannabis as an Alternative to Opioids and Alcohol 05:11 - How Cannabis Helps with Mood and Focus 06:15 - Kevin’s Journey from Oil Fields to Cannabis 07:52 - Early Challenges in the Cannabis Business 09:40 - Transforming a Muffler Shop into a Dispensary & Lounge 11:10 - The Need for More Consumption Lounges 14:55 - New Mexico’s Oversaturated Cannabis Market 16:36 - Should Licenses Be Capped and Transferable? 19:57 - Where Is All the Cannabis Tax Money Going? 22:42 - The Issue with Border Checkpoints and Cannabis Seizures 24:50 - The Risk of Rescheduling vs. Descheduling Cannabis 27:05 - The Reality of Cannabis Pricing & Competition 30:30 - The Cost of Running a Cannabis Business 33:17 - Corporate Takeover: Are MSOs Pushing Out Local Brands? 37:44 - Consumers Are Choosing Quality Over Cheap Weed 39:22 - Grand Opening of The Syndicate Lounge 40:40 - What’s Next for Enchantment Growth? 41:09 - Closing Thoughts & Event Preview