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How an independent Maryland dispensary owner competes

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When? This feed was archived on August 05, 2023 15:09 (9M ago). Last successful fetch was on June 27, 2023 13:51 (10M ago)

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Manage episode 343246940 series 3280588
Content provided by MJBiz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MJBiz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Being a small business in the cannabis industry is tough and getting tougher, especially with all the advantages that multi-state operators and other big businesses have over independent shops. But a small number of small cannabis businesses have succeeded, writing their own David and Goliath stories.

One such entrepreneur is Hope Wiseman, founder and CEO of Mary and Main, a medical cannabis dispensary in Prince Georges County, Maryland. One of the youngest entrepreneurs in the business, Wiseman bootstrapped Mary and Main – in operation for four years now.

Wiseman shares:

  • How she educated herself about the industry and mastered the application process
  • How she funded her business plan, selected real estate, and found personnel to open her dispensary
  • Why leaning into your base is the best way to survive tough economic environments
  • Inventory management advice
  • How to prepare for a possible recreational market

Who is Hope Wiseman?

Hope Wiseman is the founder and CEO of Mary and Main, an independent medical marijuana dispensary in Prince Georges County, Maryland, that she opened in 2018 when she was 25. Wiseman is a graduate of Spelman College, where she founded the school’s Habitat for Humanity chapter and from where she graduated Magna Cum Laude. Before cannabis, she worked as an equity institutional sales analyst at SunTrust Bank (now Truist), and was also a cheerleader for the Atlanta Falcons.

  continue reading

81 episodes

Artwork
iconShare
 

Archived series ("Inactive feed" status)

When? This feed was archived on August 05, 2023 15:09 (9M ago). Last successful fetch was on June 27, 2023 13:51 (10M ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Manage episode 343246940 series 3280588
Content provided by MJBiz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MJBiz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Being a small business in the cannabis industry is tough and getting tougher, especially with all the advantages that multi-state operators and other big businesses have over independent shops. But a small number of small cannabis businesses have succeeded, writing their own David and Goliath stories.

One such entrepreneur is Hope Wiseman, founder and CEO of Mary and Main, a medical cannabis dispensary in Prince Georges County, Maryland. One of the youngest entrepreneurs in the business, Wiseman bootstrapped Mary and Main – in operation for four years now.

Wiseman shares:

  • How she educated herself about the industry and mastered the application process
  • How she funded her business plan, selected real estate, and found personnel to open her dispensary
  • Why leaning into your base is the best way to survive tough economic environments
  • Inventory management advice
  • How to prepare for a possible recreational market

Who is Hope Wiseman?

Hope Wiseman is the founder and CEO of Mary and Main, an independent medical marijuana dispensary in Prince Georges County, Maryland, that she opened in 2018 when she was 25. Wiseman is a graduate of Spelman College, where she founded the school’s Habitat for Humanity chapter and from where she graduated Magna Cum Laude. Before cannabis, she worked as an equity institutional sales analyst at SunTrust Bank (now Truist), and was also a cheerleader for the Atlanta Falcons.

  continue reading

81 episodes

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