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"Giant… That's a giant advantage." Cresco Labs may mirror other Tier 1 MSOs on the surface, but once you explore deeper, you'll discover their unique edge. They've built sophisticated systems and technology that set them apart and enable a nuanced understanding of market conditions. This advanced business intelligence approach significantly narrows risk aperture, proactively allowing Cresco to identify and capitalize on market trends. This week, we sit down with Charlie Bachtell to discuss: • Implications of Rescheduling, 280E & Interstate Commerce • Cresco Labs' hidden compounding unique differentiator • 2024 Roadmap: Focusing on FL, Ohio, Penn, NY • Pivotal role of data in shaping their business strategy 00:00 Introduction and Guest Introduction 00:23 Discussing Cresco Labs and Its Innovations 01:28 Understanding the Market Strategy of Cresco Labs 03:27 The Role of Data in Cresco Labs' Operations 11:57 Exploring the Challenges of Branding in the Cannabis Industry 14:42 Implications of Federal Reforms on Cresco Labs 19:24 Strategic Planning for Cresco Labs in 2024 21:08 Cresco Labs' Approach to New Markets 25:02 The Importance of Data and Technology in Cresco Labs 26:26 The Power of Industry Experience and Cultural Engagement 27:10 Building a Culture in the Early Days of Cannabis Industry 28:07 The Role of Entrepreneurship in the Cannabis Industry 29:03 The Journey of Cannabis from Unregulated to Regulated 29:55 The Path to Federal Legalization of Cannabis 31:14 The Role of Data in Shaping the Cannabis Industry 32:54 The Impact of Regulation on the Cannabis Industry 37:23 The Role of Technology and Automation in the Cannabis Industry 41:20 The Future of Cannabis: Predictions and Expectations 46:40 The Importance of Data in Decision Making About Cresco Labs: Cresco Labs is one of the largest publicly traded, vertically integrated, multistate cannabis companies in the U.S. We produce the industry’s #1 portfolio of cannabis brands and operate dispensaries under our Sunnyside brand nationally that focus on delivering consumer education, trust and convenience. Guest Links: / charlesbachtell / crescolabs / cresco-labs https://www.crescolabs.com/ #cannabis #CrescoLabs #CRLBF Follow us: Our Links. At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry. 8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain The Dime is a top 5% most shared global podcast The Dime is a top 50 Cannabis Podcast Sign up for our playbook here: https://www.8threv.com/monthly-report/ 🎥 YouTube: The Dime 📸 Instagram: The Dime Charlie Bachtell: The Inside Story of Cresco Labs & Impact of Rescheduling #TheDime #cannabisindustry #podcast #shortsfeed #shortsvideo #businessideas #cannabispodcast