Be Informed. Be Well. With John Malanca

Be Informed. Be Well. Episode 38: Michael Patterson - The Cannabis Industry in the Global Economy

May 05, 2021 John Malanca Season 1 Episode 38
Be Informed. Be Well. With John Malanca
Be Informed. Be Well. Episode 38: Michael Patterson - The Cannabis Industry in the Global Economy
Chapters
Be Informed. Be Well. With John Malanca
Be Informed. Be Well. Episode 38: Michael Patterson - The Cannabis Industry in the Global Economy
May 05, 2021 Season 1 Episode 38
John Malanca

UPG Founder John Malanca interviews Michael Patterson, the CEO of US Cannabis Pharmaceutical Research and Development LLC (US Cannabis), a privately-held, developmental consulting firm which was established in 2014 with the mission of moving society forward through legalized cannabis.

Watch and listen in as John and Michael discuss the current state of cannabis therapeutics, government regulations, along with medical professional and pharmaceutical interests in consistent dosing and standardized medicine.  Additionally, Michael is an internationally recognized speaker, subject matter expert in the global cannabis/hemp/CBD industry, and published author. Michael is a member of the Scientific Advisory Board for Akers Bioscience, a NASDAQ listed biotechnology company. 

Most interesting, John and Michael discuss their many philanthropic interests, and Michael Patterson’s support of Tourette’s research and disease management, while being a nationally recognized public speaker and a past Occupational Therapist and Licensed Nursing Home Administrator. 

This interview will give you a business perspective of the growing cannabis markets, the caliber of professionals entering the space, answer the many questions surrounding national prohibition and the relevance of cannabis medicine.  It doesn’t get much better than this!

VIDEO Podcast can be seen here - https://unitedpatientsgroup.com/podcast/michael-patterson-the-cannabis-industry-in-the-global-economy

Show Notes Transcript

UPG Founder John Malanca interviews Michael Patterson, the CEO of US Cannabis Pharmaceutical Research and Development LLC (US Cannabis), a privately-held, developmental consulting firm which was established in 2014 with the mission of moving society forward through legalized cannabis.

Watch and listen in as John and Michael discuss the current state of cannabis therapeutics, government regulations, along with medical professional and pharmaceutical interests in consistent dosing and standardized medicine.  Additionally, Michael is an internationally recognized speaker, subject matter expert in the global cannabis/hemp/CBD industry, and published author. Michael is a member of the Scientific Advisory Board for Akers Bioscience, a NASDAQ listed biotechnology company. 

Most interesting, John and Michael discuss their many philanthropic interests, and Michael Patterson’s support of Tourette’s research and disease management, while being a nationally recognized public speaker and a past Occupational Therapist and Licensed Nursing Home Administrator. 

This interview will give you a business perspective of the growing cannabis markets, the caliber of professionals entering the space, answer the many questions surrounding national prohibition and the relevance of cannabis medicine.  It doesn’t get much better than this!

VIDEO Podcast can be seen here - https://unitedpatientsgroup.com/podcast/michael-patterson-the-cannabis-industry-in-the-global-economy

John Malanca 0:08
Welcome back, everybody. This is John Malanca with United patients group be informed and be well this next guest you're gonna love his energy. Michael Patterson. Hey Michael, how you doing?

Michael Patterson 0:25
How you doing, john? I'm excited to be on your show.

John Malanca 0:28
I know man. We've been talking. We've been talking for 45 minutes.

Unknown Speaker 0:32
I know we get on live.

Michael Patterson 0:34
When I talk about weed and cannabis and hemp and CBD. It's like the minutes turn into hours. It's just great. I love it.

John Malanca 0:41
Well, we're here but we'll, we'll get going and and hopefully it doesn't get dark behind you.

Michael Patterson 0:49
I shouldn't I got my plants right there. So that's the one of our facilities. And the SU two are Lesotho, which is a country inside of South Africa,

Michael Patterson 0:58
Africa.

So we are landlocked.

John Malanca 1:01
It is landlocked. So we'll go into all that and I want to talk about CBD and THC and the heterarchy not only here but overseas. And so first off your bio. Michael Patterson he's the CEO of the US cannabis pharmaceutical research and development LLC. It's a US cannabis company. Correct.

Michael Patterson 1:19
A US based company.

John Malanca 1:20
Yes US based company. It's a privately held developmental consulting firm, which is was established in 2014. With the mission of moving society forward through legalized cannabis us cannabis develops the legal cannabis hemp CBD market globally across all platforms, from education, cultivation, product, production, dispensing research and development management operations and compliance and physician services, which is so needed. So talking about that as well. Us cannabis currently currently works with national, state and local governments, sovereign nations and public and private companies and all aspects of cannabis hemp CBD industry throughout the United States and globally. So welcome, Michael. Thanks for being on.

Michael Patterson 2:01
Thank you so much. I'm glad to be here.

John Malanca 2:03
Well, cool. So you've had so let me ask you, you're in Florida, you're from North Carolina.

Michael Patterson 2:10
It's not from Alabama.

John Malanca 2:12
That's not Alabama. It's not Alabama. Okay, well, we'll confuse that. But how'd you get into this? Because I know your background is healthcare. You You ran a few nursing homes, which is pretty strict. Regulations correctly. I know my one of my best friends just put, I say just put how awful is that? His mother is in a nursing home right now. And very happy. At first it was kind of kicking and screaming. I was more kicking and screaming like, how can you put your mom that said, No, it'll be you know, she

Unknown Speaker 2:42
trusted me. I did a lot of counseling for families and the guilt trip. And so I used to run on all Alzheimer's nursing. Yeah, and actually worked in one. So my background is occupational therapy. I'm a licensed occupational therapist and nursing home administrator in four states. And so I came through the health care route. So I actually moved to Florida when I write when I graduated, I was a traveling occupational therapist, and I started in nursing homes. And I didn't, I never really been in nursing homes. And I for some reason I really took to it, I enjoyed it. It takes a special person to work in a place where you see a lot of death and dying. But one of the things I learned is that about 30 to 40% of the people are short term rehab, where they come in with a hip fracture, knee replacement, a stroke, and then they end up going back home. So definitely learned a lot. I moved my way up into running nursing home. So I used to run I was the chief operating officer of a company called a vontae group. And so we had 20 nursing homes from New Jersey through to Florida. We did about 230 million in total sales. And a couple things that I learned being in the nursing home industry. I learned a lot about regulation. And I learned a lot about litigation. So we

Unknown Speaker 3:46
regulation and litigation and litigation. So we

Unknown Speaker 3:49
had we got sued all the time. Yeah, so it was anything and everything. And so I've learned a lot about risk management, compliance. And so my background was literally perfect for cannabis, but the really the straw that broke the camel's back. And so I can tell you now since it's been so long, I used to be a closet smoker. From the from the east coast, it's a lot different than the West Coast, you guys it was more socially acceptable here. As a health care worker, you would be fired on the spot if you tested positive for cannabis. So you know, kept it kept below the radar, so to speak. And then when I started doing work, I worked for a private merchant bank. And so we handled all their healthcare division. So we went and ran their pharmacies and their home health and assisted living. And when I was doing I did that, and then I moved into doing cannabis. But at the beginning, I started us cannabis in 2014. Because I saw there was a need to move forward. But what really got me off the couch, so to speak is there was a guy named Saul Broida. And I've told this story before Saul is a he's passed now but Saul was a patient of mine. 94 years old at the time, US World War Two veteran. He was in the Army Air Corps because they didn't have the Air Force. And he was a retired colonel. And he was basically dying of chronic pain. He had pneumonia. It was chronic, and he was in chronic pain and he was addicted to opiates. He was receiving care to the VA and the VA, he I saw him one day coming home after an appointment, and he said, the VA is kicking him off off opiates. And he's going through opiate withdrawal and 94 years old. And at that time, cannabis was not legal in the States. And so after working with Saul, and seeing his metals, and realizing what he did for this country, and I'm like, who is going to go out there and help all these retired vets and all these great senior citizens, because remember, that's my business I used to work with. I've worked with seniors all my life, somebody needs to fight for these people. And so I was having that, that come to Jesus moment in the car. I'm like, well, Who the hell is going to risk their entire career profession and do this? And so I went out to Colorado to kind of learn more about it. And I figured I'd get out there. And this is, this is 2013. I was like, Oh, they got it all figured out. And they know exactly what they're doing. Well, yeah, I was far away from the truth. So I realized there was there was a lot of stuff that wasn't being done. There was no, there was no consistency of the medication. There was no consistency, the rules, there was no auditing, there was no safety measures. And so I made the determination, I said, Whatever it takes, I need to move forward and do this. And so that's that's how it started. I started working with with consulting with companies, mainly Indian tribes, because in 2014, the government said they could come out and do cannabis. And so a lot of it was consulting with tribes to say, if you do this, this is what really is going to happen. And this is what you can look forward to good and bad. And at the end of the day, they decided not to do it, because I think a lot of it had to do with Indian tribes trusting the American government. So there's a long history there. Yeah. So that has evolved now into us, cannabis. We're a global, general contractor, I try to tell people so what we do is we have a court staff and we go out and work with the best of the best in the world, whether it be cultivation, whether it be processing, whether it be regulatory structure, and we go out and do massive jobs around the world for companies. So one of the ones we're involved in right now, our largest is out of Africa, which is the facility right here called mg MC le suta. It's based in Lesotho, but it's pronounced listen to and so the suit to legalize cannabis in 2017. And so we were approached last year to do a joint venture with this company, mg MC pharma. And so within within 12 months, we signed the deal on Christmas Eve last year. And within 12 months, we were the first company to ever ship THC and CBD products out of lawsuits, legally. And it went into Australia to a publicly traded medical cannabis company for medicine there. And we've also shipped in product in from the sea to into Germany, which is extremely hard market to get into it took us almost a year we actually the shipment arrived about a month ago. And so we currently have right now about 500 kilos a month. They're scheduled to be starting in February to be shipped all around the world. Now a lot of that's going to be oil.

John Malanca 8:09
Because if it's a flower or But you just said oil.

Unknown Speaker 8:15
Yeah, so. So what we're looking at it what we're finding in the global markets is that when you're dealing with cannabis, if I'm a pharmaceutical company, I don't want to go grow it all. You know, I just want the base product. And then I can use my laboratories to fine tune that oil based product into a tincture a gel. We're working with a company in Africa that we're we're growing their cannabis to convert it into oil, and there they have a specialty design formula for tampons, for CBD tampons for that also, they're working on a blend for prostate cancer to sell through Africa, through pharmaceutical through through pharmacies. And so it's exciting to see how the pharmaceutical world around the world is catching on. And so we're starting to work with companies who deal with API, which is called active pharmaceutical ingredient. So I use the example of take opiates, okay. opium has actually grown somewhere in the world to make opiates. And so the number one place in the world is tans Tasmania, which is not the cartoon, but it's it's the island off the coast of Australia. And so most of the opium what I've learned is grown in Tasmania, obviously, because it's an island, but they're considered an API or active pharmaceutical ingredients. So any schedule one product, narcotic, you have to go off this API licensure to where you can ship it to a Pfizer or you could ship it to a Merck. And you can send it through normal chains, and it will, you know, the customs is not going to stop it and arrest you. So you have their permissions. So we are API out of lawsuits. And so we can ship out this product to pharmaceutical companies around the world to be able to start formulating this product. So our goal here is to create the value chain For the planet, meaning, we are partnering with other licensees in Africa to where we can start building up enough product and oil to be able to start servicing markets around the world because we have one of the lowest production costs on the planet

John Malanca 10:13
over there. It's so when you're saying sending it out globally, I'm assuming that you're not sending it here to our pharmaceutical companies based here in the US, correct? Not yet,

Unknown Speaker 10:25
because the challenge with pharmaceutical companies in the United States is they're bound by either US law or they're bound by the stock market. So if you're on the stock market in the United States, you cannot be in the in doing THC in the US. Now, however, if you're operating in another country, and it's legal, yes, if it's legal in that country, then you could do a study, but you can't sell it. So typically, we would what we're currently working on a deal in Italy to be able to ship in accompany them product that you and I would know who they are, but I can't say them. But they are looking to do clinical trials for COVID dealing with anxiety and the trauma of having COVID it's kind of a treatment program for almost PTSD for COVID. That's been approved by the government. So you know, our goal is to be able to allow these companies to do their studies, but they need to have a place that can trust to get based product that's certified. And that's what we provide.

John Malanca 11:26
It's not funny, but I'll say it, it's funny how cannabis duel COVID one is probably brought some doors, a lot of lot of walls down because being an essential item. And that was one thing they're fighting for here in California for the first few months. And then they stayed over the Hey, if you're gonna have liquor stores essential, were essential as well. You know, I'm a big fan of the medical cannabis cannabis here in the state of California has been legal since 1996. And became recreationally legal. You know, 2016, I believe,

Unknown Speaker 12:00
went to effect in 2018,

John Malanca 12:02
I believe. Yeah. And so you know, it. I see what are you saying? I'm what do you what are you seeing in the in the international market, to bring the walls down because everyone thinks recreational, recreational. I'm more of a fan of having medical institutions and medical professionals involved, but also passing laws at the Medical level, a lot of people in industry will disagree with me. Like in California when it was becoming becoming recreationally legal. I voted no on it. My wife voted yes on it. And the reason I voted no on it, because I've seen what it's done in Colorado, California, Oregon, Washington State, it's literally pushed out the doctors who are working with the patients and the patient like, well, I'm 21. And over, I don't need to go to the doctor anymore. I'll just go down to the dispensary and pick and choose what I want, you know, not knowing that it's a one size fits all. That's not a one size fits all. You look at age, weight, current health conditioning, any other medications you may be on. And so I to me, I truly believe that a doctor or a medical professional should be involved, especially when you're battling something as severe as cancer, mental disorders. Because you can, again, it's not a one size fits all. So are you seeing the medical market? Going getting to kind of legitimize this industry overseas as well? Or are they just saying, Let's make it an open market? Let's go recreational.

Unknown Speaker 13:27
Now it's all medical. It is interesting. So everybody's starting with medical, which is good. There's over 40 countries now where cannabis medical cannabis is legal. But ironically, the government of Germany just denied a bill to legalize recreational. And the reason that's so critical is what I've learned about and I've done a lot of work now internationally with cannabis. And there's, if there's any Americans out there, there's not a lot of us overseas in cannabis. So great opportunities. When we can start traveling again, I'm going to be all over the place. But the reason that's important is because Germany is the largest economy in Europe. So Germany has medical right now. And right now they got about 130,000 patients. To put that in perspective on $1. Figure. Last year, Europe did 250 million in total sales of medical cannabis, because there's no recreational last year in the United States, between radical and rec, we did 13 point 6 billion. So the open the world is going to shift over time to Europe because Europe has socialized medicine. So that's your payer source. Remember, I

Unknown Speaker 14:33
was in health care, you got a pair source. A lot of people want it. And you're having that as well as due to COVID. And their budgets are going out of control. So something that you and I know we talked about offline, people who are on medical cannabis typically declined and there are other prescription drugs because they don't need them anymore. Yeah, well, if I'm socialized medicine, and I'm paying trillions of dollars for all my people to have medicine, and I can implement medical cannabis Now my drugs per patient, or per resident are going to go down from 12 to seven, that I'm going to save billions of dollars. So what my focus is, is my personal focus is to really talk to the legislators and say, Look, get past all this ideology bullshit. Okay, so let's just be honest, let's focus on how this is going to help your people economically. But as well, it's going to help them medically and the side effects are next to nil. But but in chasing, changing gears back to the States, when you're talking about medical recreational, one of the studies that came out of Michigan that said, 40% of patients using recreational cannabis or using it for a medical reason. So we consult with a lot of physician practices, specifically here in Florida, as well as other states. And that's a question that comes up all the time. What am I going to do when we go to rec, and I said, you know, what you're gonna do, you're gonna have to innovate. And what I mean by that is you need to start talking about wellness. And so if I'm a physician, and I'm charging $300, for a referral for a patient, I'm not gonna be able to do that anymore, because that's too much of a barrier for the average person, because why they're going to go down, say, Well, I don't need to deal with this guy. I'm just going to go into the store and buy and pay 26% tax, and I don't care. Yeah, well, what doctors I said, doctors, you need to evolve into doing wellness visits for like $100. And it's going to cover all your blood work, every year, it's going to cover a cannabis referral is going to cover all the wellness visits or other supplements you should take. And then you can go into that store. And now you pay 5% tax, or something like that. And you have to make the system so easy that people want to come to you and not to others. And so one of the things that I push, and I don't know if you're familiar with this, but they're starting to have what they call a CEOs or accountable care organizations, okay, United States. So basically, this is under Medicare. So Medicare is always trying to save money, as you can imagine, and people always use Medicare, because that's our socialized medicine. So Medicare has come out with this new program called accountable care organizations, which states that if you're a hospital chain, and you end up taking care of all these people through physician through through primary care physicians, then you control how much money each patient spends. So if you can save Medicare money will give you half of the savings, which is a big deal. So if I'm in the Bay Area in San Francisco, and I own an entire healthcare system, and I'm taking care of 15 million people a year, and I'm billing Medicare for all their services, from x rays to nursing home, their surgeries to diabetic care, and I can decrease that cost of Medicare and I can make an extra, you know, 100 billion dollars. Well, cannabis is one of those factors that you need to start looking at. And so we talked about data, you and I talked about data offline, you got to have that data. So if they start discover, even if you're not prescribing cannabis, if you're noticing, okay, we have 32% of our patients who are currently in our system taking medical cannabis or cannabis, and we're noticing that they're using less drugs. Well, that's not rocket science. Let's start looking at the data and so on. My personal focus, and my personal mission is to bridge the gap between illegal and legal, between professional and non professional say, look, we're all in this together. The stutters brought us to a point. But now we professionals need to help what they've done. And we need to take it to the next level. So we can start doing this country to country because to me, the people who have been the mission behind this, they always did it for the right reason. But we needed to bring it in and put it in a different language, so to speak. So then everybody would accept it.

John Malanca 18:34
You know it. We were offline. You said if you don't have haters, you're not doing so. Right. So you might have more haters, haters on that one. After that comment,

Unknown Speaker 18:42
I probably but I love those people. Because what? Because I tell them I said, Look, I need you and you need me. Let me give you a perfect example. So I was on the committee for the first ever world CBD awards last year in Barcelona, Spain. And so as you can see my shirt, I look like, you know, J crew or whatever. And a lot of reasons I did that is because I was a closet smoker, and they're less likely to search me than they are somebody else. So I was playing a role, you know, so I went over there dressed like this, and I was in a room with 20 people, and we were all planning this event. And literally, everybody started looking at me and basically I said what is what is their bite looking at? What is the issue? They said, You're like, you should you don't you shouldn't be here. I'm like, because everybody had green hair and tattoos and nose rings. I'm like, Look, I'm showing you what I want you to see. Yeah. Are you gonna if I'm in Spain, and it's illegal here, and if you give me a joint and the police come up, and I don't have anything, and you have it on you and I don't have it on me, who are they gonna search? And they all said we're gonna search us right?

Unknown Speaker 19:49
Now observes me. So

Unknown Speaker 19:51
I said, I'm totally playing all you and they like, wow. So it was the first time in my life that I've been discriminated against because I did not have a tattoo. That's basically what I'm trying to say. Yeah. But I tried to say that and say, Look, it takes a village, I need to be on the side talking to all the suits, what you need to be to the growers, talking about the growers, because that's how we get deals done. And that's how we move this forward. And so now we understand each other. And so I go fight the battles in the boardroom, so to speak, and they go fight the battles with a local community to make sure we can all blend and work together.

John Malanca 20:24
Well, well said well said and like you said, I mean, we're all guilty. I'm guilty of judging a book by its cover, you know, and and i think and back to even here in our, in our country, talking with the government, you know, they're not anti cannabis. I think they're just tired of the approach that how people take it of picketing FSU. Screw you, and they're like, who wants to be talked that way? I mean, if I came at you right now, hey, Michael, I have to do this. You're like, hey, this, this in this interview is done. I you know, I'm not gonna, you know, but if you come out and have the conversation, and I think, you know, right now we're what 35 states at that legal 15? Or are recreating Right, right. You know, and a number year after year is going to grow. And the stigma is going down. Doing shows like this. I mean, I think cannabis, there's enough room for everybody in this industry. But I think they're, you know, it's, it's, we're talking about restaurant business, you'd have you the early bird special that comes in at five, they want to be out by 520, you know, 530. And then the other group, and I think, you know, everyone worked together to bring the stigma down. Your we talked about seniors, I can't tell you how many times you know, we've spoken at retirement community, senior communities, and I used to ask how many people think the only way to consume is via smoking, we used to have 85 90% of the room, raise your hand now. They're educated. They're educated, it is a population that it's education, educated, and they're using it. You know, for sleep for anxiety for depression, losing it losing a spouse, I mean, a lot of them. I can't tell you how many, how many kids will call me and say, you know, you you introduce my parents into this my father passed away my mom's been up in the room, she didn't want to come down. We finally incorporated some cannabis. She's sleeping better. She's off her medications. Her confidence is coming down and interacting with with the her fellow. I laugh because a lot of them call them the fellow inmates. You know?

Unknown Speaker 22:30
Yes, I've heard that term in a nursing home industry. Yeah. Anytime you want nobody

Unknown Speaker 22:35
doors not locked.

John Malanca 22:38
So with your us, Cannabis, pharmaceutical research and development company in a go, and I guess the company called us cannabis.

Unknown Speaker 22:46
I just called that for sure. Because it's a it's a mouthful. Just you know, the reason I picked that name is because of that exact reason. Because if you take that name around the world, yeah, it's pretty self explanatory. And that was my whole goal was because when I created us cannabis, it wasn't for when I was starting, it's where I was going to end up. And so we're on this journey, and anybody in the cannabis space, it's a journey, you're gonna have to go through it, you're going to evolve. It's literally like, You're, you're you're going doing something you have to be creative every day. And that's one of the things that gets frustrating because there's no, there's no template for this. It's all happening in real time. And so you really have to lean on your experiences, and whatever those experiences come from

John Malanca 23:25
you creative every day. And I mean, so and ask, Oh, you've been in this for 10 years, I said, I still consider us to startup. I learn every day. We are creative. I mean, what Chris and I started back, you know, 2010, you know, we've done so much. And we've evolved, we've made some great relationships we've tried, you know, we've tried a different bunch of different things. And we keep on going. And I remember one time, I was frustrated, talking to Chris one day with all the stuff that was going on. And she said, babe, look where we are now, you know, say four years into it. And go back four years when we started. If you could imagine all the stuff we've done, would you be happy if I said, you know, we've done a lot and she has, that's the way we look at it. And so she was always positive of staying on our course. Don't let all this other noise bring us down because there's a lot of noise in this industry, a lot of noise. You know, not only dealing with, you know, the people industry but our governments helping, you know, different regulations. I mean, if we didn't live in illegal state, California, we would the topic would never have come up about cannabis with my father law's oncologist. I mean, look what happened with this, you know, save the life started an organization and now we're here helping helping others at all levels, too. And so, with the pharmaceutical research, are you dealing with pharmaceutical companies? We are but not in the States. Okay, so like perfect. Example. I'll use GW pharmaceutical GW pharmaceutical in the UK. They came out with Sativex, you know, one to one ratio for Ms. 2.75 milligrams of each THC and CBD legal in what 678 countries 12 how many countries that you know how many countries it's I think it's about 12. But but they're not it. But there's not legal here in the US for Sativex. And I think but everyone started replicating their 2.75 milligram of both and finding success.

Unknown Speaker 25:30
And ironically, you say that we're working with a current pharmaceutical company who is doing looking to do that. And we're providing the base product, because no pharmaceutical company wants to do what GW did is actually grow it all in England, go through the hassle, they don't need to, we can make it for them. And we could ship it to them, put it on their doorstep with oil, and then they can make whatever formulations that they want

John Malanca 25:52
with it. And I think that's that's the way this market is going to go. And I think they lost so much money here in the US. And this is just my opinion, maybe correct me if I'm wrong, that they said, Okay, how can we get it over to the states and get involved in so they've worked with our country, they change the scheduling, it's farmer, you can get it. Now prescription? You know, recommendation is what normally the term is recommending your doctor recommends cannabis for you. But they're able to write a prescription for epidiolex now for autism and certain different types of seizure disorders. And so now, I think I don't think they made money on the shadow of x, but I think they're making money now are you is that is that.

Unknown Speaker 26:39
So what's happening is epidiolex is taken and taking the lead. I don't hear anybody taking side of x. So epidiolex has taken away the challenges. It's $36,000 a year. That's what they're charging. So what I'm seeing is I'm seeing some people starting to take it. A lot of times if I'm in a legal state salmon in California and a guy my doctor said, Hey, I'm gonna prescribe Sativex and my copay is $200. a prescription? Yeah, well, I'm just going to go to the weed store dispensary. What have you and say, Hey, they want me to take up a dial x. And the guy says, Hey, I have a full spectrum oil, I can give it to you. It's 60 bucks a bottle. It'll last you a month. Yeah. And so that's what we're typically seeing is because if you look at the long term data on epidiolex, after four months, it loses its, it loses efficacy. And I think the one of the reasons is, is because it's it's it's a it's not a entourage effect product, because they're splitting up the product, you know, it's not a full spectrum. Yeah. And so because they can't patent, I don't think they could patent a full spectrum. And they did the study off of that. So. So to me, epidiolex was the tip of the sword, so to speak. And so what epidiolex is playing, in my opinion, is when this becomes legal in the United States, some pharma companies just gonna hop them up and buy them for six, 7 billion bucks. Yeah, that's what they're gonna do. And so that's where we already know. So so we figured, you know, US law is just too hard right now. So why don't we go around the world and get ready for us. So when the US is legal, then we can supply the United States and pharmaceutical companies with as much product as they need, because you're going to see this mental shift. The minute that the federal government of the United States comes out and says either medical or RAC is legal, you're going to see this immense shift across the entire Qatar world. Because you're going to see the stock market go up and Cannabis Stocks, you're going to see this this buzz that we saw when Canada went legal but but what people that may not realize is the American financial sector that basically controls banking around the world. So whatever is not legal in the US, if you go to another country to get a bank account, this is what Bank of America did in Uruguay, Uruguay is legal, but they were selling it through pharmacies and the pharmacies had Bank of America bank accounts in Uruguay. And Erica said, I don't care this legal in Uruguay, it's not legal in America. So we're not going to you can't keep this bank account if you're going to sell cannabis. So that that reaches is going past the the country's borders, but what we're finding is with the new president coming in and the shift in thinking, I think you're going to see some sort of movement, a lot of people like Oh, the more act or the SAFE Act or you know, fits banking and make it decriminalized. That's all great. But if we're going to legalize this at a federal level, we have to have a plan. Okay? We can't just do like we did with hemp and say, hey, it's legal. And we don't know what's going to happen. And and three years later, the FDA still hadn't ruled on it. You know, what on CBD so what our goal is to really talk to the federal government. And so we have some connections into the Biden campaign and the Biden presidency, we're hoping that they will start listening to us. We want to make this advantageous for all Americans and not just pharmaceutical companies with GM legal, we want to make sure there's multiple pathways. And one of the areas we're really big on is international trade. Because we need to have trade between America and other countries. For example, Mexico just decided to legalize recreational cannabis and metal. So that market is going to start taking off In the next year, it's going to be slow, but it's going to start taking off. And so America now is the only country in North America, that's not legal. So you're going to start to see this. And I think what you're going to start to see, too Is everybody needs money. The states are dying, the federal government's dying. And if you do you follow your history, the reason that prohibition was repealed on alcohol is because the federal government needed money. So to me, it's a perfect time to bring the conversation up. So our goal is to really push this forward so that way, the world can be on notice to say, this is what you need to get into. So anybody who's watching this, who really wants to get into the industry, and one of the wants to understand it, you need to start now, don't wait for another two years, because you're gonna you're gonna be wandering around in the dark for a while. Okay, john did it. I did it kind of finding your way. But now you have people to lean on, like me and john and others, to kind of kind of help you along your way where john and i john was before me, I've been doing this eight years. JOHN is like, dude, you're, you're the you're the Godfather. I mean,

John Malanca 31:01
I wouldn't say that, because there are some real godfathers that were annoyed, that were annoyed when when I got into this, you know,

Unknown Speaker 31:10
I could imagine, I could imagine.

John Malanca 31:12
And so so, you know, they've been say, wait a minute, we've been doing this since the 60s. And now you guys newbies are coming in here. And so, you know, I met some some real godfathers in this industry. And, and but I do have some gray here in here now from from this industry. But you know, I've met some great people. I've met a lot of great patients, we work with families, and patients and to us, you know, and I and I know a lot of our followers know my story. And I shared you shared your story. You know, cannabis wasn't our lifestyle. And we were just fortunate that we were in a legal state when something is as awful as cancer was brought into our bandwidth grins father, and you know, the outcome was positive, you know, it worked. It saved the life. And to me, to me, the goal is to save a life and it didn't work with my wife. And so people ask, you know, how do you continue with this? How do you know and it was hard, it was really hard. And then I spoke with a lot of patients when Chris passed, because we've, you know, our reach with the the docu series that we've done, the podcasts that we've done in our, in our company, but our reach, we've reached 190 countries. But when crin passed, the love and the outpouring of love and all that from all these people and patients and people that we've talked to, and people that have watched your show. I mean, I had prayer cards sent from around the world masses said,

Unknown Speaker 32:45
as awesome

John Malanca 32:46
teddy bears, plants would show up at the office calls and texts and but sharing their story of how this plant work and help them and it made me really get back on the focusing. Wow, to me, success is saving a life for other successes. Getting mom and dad nurse out of that nursing home and bring her back home because she's able to walk again or she's able to, you know, get off her meds or sleeping. I shared the story numerous times with this, this wife, her husband, I called to see how her husband was doing. And she said, You know, he passed on Tuesday, and I, you know, got emotional. She says, john, you allowed us to get out of the hospital with with what you did, you allowed him he and his brother to have this bond. But you allowed us to up our daughter's wedding by three months. And we had in the backyard this weekend. And my husband was able to walk her down. And he passed on Tuesday. So for us it worked. And so that that's what keeps me going and and, and doing stuff like this to spread share the wealth of bringing people like you on the show of showing other parts of this industry, because I've never had anybody on the show that that does what you do. And so, you know, there's

Unknown Speaker 34:04
not a lot of us right now.

John Malanca 34:07
You're the Godfather coming up,

Unknown Speaker 34:10
you know, I don't know. But my thing is, what I want to do is take what you've done, and we got to help more people. So I need to take what my skills are. And one of the things that I have a lot of people come to me online and say what you say, Hey, I really everybody comes to this industry wanting to work in it and they have a story. And so a lot of times I say you need to take that that energy, and you need to take that passion and make it about something bigger than yourself. And then you'll figure out a way you'll figure out how to how do you fit it and the number one thing I'd like to tell people who are listening is you have a lot of value in what you're currently doing, even if it's not in the cannabis space. So let me give you an example. So I do a lot of QA and education to universities who are starting cannabis programs and one of which is the University of Maryland. They have a brand new Master's in cannabis science and Unix is one of the first ones in the world. Definitely the first one in America

John Malanca 35:04
and their grad graduating class is their first graduating class I think is going to be in this. This is in March,

Unknown Speaker 35:11
right? March May, whatever. Yeah. So I was talking to their first class about 150 people. And we're doing this q&a and, and it, john, it was the weirdest thing, because all the people had advanced degrees, Master's in Public Health physician, nurse practitioner, PhD in electrical engineering. And these are smartest people I've ever talked to john, you know what? I asked a very simple question to every single one of them, and none of them can answer it. You know what the question was?

Unknown Speaker 35:37
What was that?

Unknown Speaker 35:38
What are you gonna do with this degree?

Unknown Speaker 35:42
No, no.

John Malanca 35:45
That's like asking your daughter who is getting your master's right now? Did you ask her that a

Unknown Speaker 35:48
master's in international business? What do you do? I'm gonna work for a bank, and I'm gonna go around the world. I was like, as long as I don't have to pay for it, you can do whatever you want. Yeah. So that was nicer. But what I'm learning is it even for me is they look at me, and they're like, well, this guy's figured it out. He knows what he's gonna do. And so what I did is as I took them one by one, and I started asking questions, and the most the most pertinent one, I think, for time sake is there's a guy, he was out of Naples, and he has a master's in finance. And I said, What are you going to do with this? He goes, Well, I can't tell anybody in the finance game, because they'll fire me because cannabis is a no, no, in the finance world. I said, so what are you going to do? Well, I think I'm going to grow, I want to do a grow, I want to do a processing plant. And I said, Why do you want to do that? He goes, Well, I want to be in the business. Okay, well, why don't you take your skills in the financial management, and reverse the process and then go back into financial management as an expert. He goes, Well, I can't do that. I said, Why not? Because I would lose my job and everything I said, You're not thinking the right way. What you do is you go to a recruiter, they don't put your name on the resumes, and you show everybody that you have a master's in cannabis science, and you have a master's in finance, and you work in finance for 30 years, everything's moving into cannabis. And these companies, and I can tell you firsthand is because I consult with them all the time. They don't know anything about cannabis. So you are going to be having you you're going to have a golden ticket, because every financial company is going to want you. And he goes, I never thought about it that way. I said, right. That's what I'm for. So I've been down this road long enough to know how to connect the dots just like you have. And so what my job is, is to guide people on their journey to say, well, from my experience, this is where I see things I think you need to be because people forget, can't when people come into cannabis, they think you can do three things, and you're gonna know exactly what I'm saying, you can grow it, you can process it, or you could sell it. Raise it, I think there's any other jobs in the industry. So my my role is to say, well, there's a million jobs, you can do this greenhouse, you can build this greenhouse, you can sit there and you can do tech, you can do financing, you can do trade, you can do whatever you're good at marketing, I get a lot of calls and SEO companies and all that type of stuff, data analytics, so so it's people are brought to the industry for a certain reason. And they want to contribute. And so what I try to do is help them find their path to move forward. Because another thing that I see when people come hear me speak is it started happening when I first started starting out. And so if you're learning to get into the business, and you want to know how you can start public speaking, go to like, like Johnson go to the nursing home, go to these places where nobody will talk to these people, because that way, what are you doing, you're getting in front of people, you're talking about what you're passionate about. And those people don't really care what you're saying. They're just happy that you're there. And you're talking to them. And because I lived it, I was in the nursing homes all the time. And so you hone your craft, you start figuring out what you're good at. And so I started doing that over and over and over. And so what I noticed is, every time I would speak, there would be a line that would form on the side of the stage or whatever speaking and accept kidneys, people who would come and they would say, you know, I don't know why I came today. But something was telling me that needs to come here. And then once I saw you, I knew that I was supposed to come see you talk. And you know, whatever you're doing, I want to be a part of it. And even if I have to work for free, I'll do it for however long it takes I just need to be around you. And so I would blow it off. I'm like, you know, they're blowing smoke, but it just kept happening and it kept happening. And I'm like, you know what,

Unknown Speaker 39:31
there's something that I'm doing right that that is resonating with people. So rather than then blush it off, I need to hone that skill. Because everybody you know, God, the universe, whatever, they give everybody certain skills. And so to me, one of my skills is being able to talk and interact with people and motivate people inspire people, because I love what I do. And so if I can use that skill, maybe I don't have all the money in the world. You know, maybe I don't have all the connections in the world. But if I could sit there and motivate people, to put them in the right direction to happen. I'm going the right path, then to me, I've done my job. And what I see right now john in the industry is people who no need to step up and lead and people who don't need to step in and follow up, at least for a while until they get their feet wet and start figuring out, then they can go expand on their own. So what we do is we try to search for those talented people. So as we expand, that, I don't have to go and do job placements, I already have on the top of my head 10 people that I know when we hit this milestone, these people are coming on. And in this country we're bringing these people on. And so a lot of that is people who took it on their own fruition to come out and contact me and start a dialogue now and not getting paid. Because I know they're committed. And I know that whatever we do, they're going to be on top of it. And they're going to benefit because I'm always big about about trying to help people out with opportunities who sit there and put into work, because a lot of people won't

John Malanca 40:51
like that a great feeling, though. I mean, there's I won't name his name, his name, but there's a there was a young guy in this industry, and he was just always there. What can I do? What can I do? What can I do? And Chris and I shared with him about he was on the East Coast, and we said, hey, there's a great conference that you need to be part of, you know, I'll pay your way. And he come out. And it's important. And he goes, Oh, that's right, the road for me and I said, not Portland, Maine, Portland, Oregon. He came out and he was just so thankful. So we got him out. And I said, this is someone who wants to learn, he learned education. Now he's one of the top researchers in this industry. But we were at a conference one time down in Florida. And he was doing presentation. And he said, I wouldn't be here if it wasn't for john and Chris malarkey, United patients group and I were in the audience and I was totally shocked. But it made me feel good, because that's why I was I was brought up with my dad, my dad would like your daughter is was international business. We lived overseas, but I always watched him how he would you know, he was a great motivator, great mentor. And, and, you know, I've taken that skill, I guess even with buddies of mine that I was in, you know, in college waiting tables, and this guy, he came in from Guadalajara, Mexico, and he was dishwasher to busboy to manager, and he was always uh, today, we're still best friends. And he always thanked me, Hey, man, and now he owns his house. He started a winery down in Santa Ana, Mexico. It's awesome. He asked me, hey, you've always supported me and everything that I've done, I need help with some. And so I sit by half to the barrel. And he brought us wine sent me cases of wine. And on the label, he thanked eight of us and John Malanca is on there. And I said, Wow, so cool. great deal, buddy. Oh, I mean, that's, that's just paying it forward and helping people and hand holding. And so. And I learn every day, and I have people like that in my life. You know, so I for you to say that. And that's, you know, prior of what do I introduce you with your energy? Because Because of that, and why I think that people in the retirement communities listen to you, and because of the energy and knowledge and I always had a good time with them. Oh, lovely elderly.

Unknown Speaker 43:10
was the number one thing, john is is I think you realize this there people talk to him like people that should I mean, don't patronize? How are you doing today? Did you take your pills, ask him about world events, even if they don't care, even though they're demanded? Yeah, I learned that as an early age, I was working at 2324 with Alzheimer's patients and when you sit there and you don't so general respect to people, no matter if they have Alzheimer's or not, other people watch. And and I have to tell you a very powerful story. So when I was 23, I was in St. Augustine, Florida working with a patient and he had 50 he was he was 53. diabetic coma.

Unknown Speaker 43:47
Man,

Unknown Speaker 43:48
I know. Right? You're right. You don't look it was down john, what a call. He looks like the man is like 40. But he's like in his 50s. Because he lives in California. That's just how they do it out there. So But anyway, 53 diabetic coma comes into the rehab nursing home can only blink his eyes as it six months later, he walks out, walking, talking normal, and I would sit there work to them every day we did dress them bathe and taught them how to do that got better. And then when he came to, and he could talk back and forth. I had a very frank conversation with him. I said, How do we treat you here? He goes, Well, you treated me fine. Because what I would do is I would come in he's an African American guy, and I come in and put on the urban radio station he liked and be like, Yeah, what's up big day, how you doing? Man? Let's come on, it's time to work. And he just, you know, you didn't know what he was saying and what he was doing. And so when he came to he said, You always treated me with respect and dignity. And a lot of the nurse's aides wouldn't. They talked about me right in front of my face like I wasn't here. They would sit there and not do their job. And so it really taught me everybody's listening to what you say no matter if they think they are or not, and to give that human decency and respect. And so to me, I do that with everybody I deal with. I try to get Get back to people. If you reach out to me on LinkedIn, sometimes I get a little slammed. But I try to get back to people. And as we grow, I will have more people come on. I remember when I was running the nursing home, we had 2500 employees, and we had 2500 patients. And so I would usually get hundreds and hundreds of emails and probably 5060 calls a day. Well, I had to where I had my people would would sit there and answer my phone, at when I was in facilities, because like when I went on the road to our facilities, they would say, Well, why don't why am I answering your phone while you're in this building? I said, You know why? Because these people need FaceTime was that these people, I'm just a name in Florida, if I'm in Charlotte, North Carolina, or reedsville, North Carolina, and these in these country towns, they don't respond to you being on your phone and being on Twitter and trying to talk to them. That's disrespectful. So I would try to give these people FaceTime because I was maybe there once every six months. So to me, it's common decency. And I think if you keep that basic premise in the cannabis space, because I all over the world every day. And the number one thing I can tell you is people are people are people. Yep. Just because we live in a different country, we all want the same thing. We all want our families to be safe. We want to have enough food in our bellies. And we want to be able to live the American dream, which is live happy and healthy for our families. And so if we keep that in mind, then you can work with anybody around the world.

John Malanca 46:25
And that's a good good mindset to bring. And, you know, when I lived in Europe as an adult, you know, my aunt says, you know, you're a good ambassador for Americans going over there. You know, you're outgoing, you're friendly. You've lived different cultures. And so I think taking that, and bringing that same mindset to whatever you do in life isn't is important. You know, I, I left, I was honored to have Trader Joe's out there.

Unknown Speaker 46:53
Yeah, they're not as many but yes, they're infiltrating and everybody loves them. Yeah.

John Malanca 46:57
So they, you know, there's this guy that I check checker and the other day, I was checking out and he says, what do you do, man, you're always happy. You're always happy. Always happy, but, and I share them. And he goes, how'd you know what to do? And I said, You know, I asked that same question to my dad. When I was in college, his dad, how do I know what I want to do? How do I know what I'm gonna do? You know, and, you know, it shocks? Probably. Well, it's funny. I laugh because I see some friends in high school and college. And they're like, oh, you're in the cannabis industry. You're in the cannabis change? Nothing. Nothing's changed. 30 years later.

Unknown Speaker 47:31
Right, right. Right. Right. Right.

Unknown Speaker 47:33
Now, yeah, I

Unknown Speaker 47:34
was ahead of the curve. Yeah.

Unknown Speaker 47:36
But

John Malanca 47:38
you know, but I just say, finding what you want to do. But the number doesn't matter what you do, as long as you're happy. And I think that's important thing. And I've worked with companies that I was miserable. You know, this doesn't feel like work for me. I have, you know, I see these emails that come in headhunter. We have a job and I've been on a headhunter site and 15 years plus. And I'm like, Man, I'm never knock on wood. I never want to deal with it as a headhunter. Not nothing gets headhunters. I want to be I would love to do this the rest of my life and I will, you know, it's something I enjoy doing. I enjoy working with families, I enjoy working with doctors, working with government. I mean, there's a lot of I'm a health advocate. You know, I do a lot in the integrative oncology world. That's not cannabis. But a lot of times a patient will come I say, hey, Michael, I seen higher success this route. This is if it was my, my loved one or me, I would go that one, I think cannabis will work as a band aid, but for you treating that ailment, this way, and

Unknown Speaker 48:35
not a cure all for everything. No. And

John Malanca 48:36
I in that, and I share that all the time I go, I never used the word cure. And I never want to give anybody false hope. And so, you know, and it's and I'm curious to know about what you're doing in Africa? Are you only doing that in Africa are you doing and other other other countries? Doing group groups like you have behind you, because I work with? I've met the reason I say that. Two years ago, I was in Florida at a integrative oncology conference, and a doctor came in, and he was asking me from Africa. And he asked me, How can I get this? How can I get it back to my country? You know, I have a bunch of patients and I'm like, well, legally, I don't think it's possible illegally. You know, I'm certain you can do it. But be careful as illegals, you know, one getting out of this country, but to getting into your country. I mean, I don't you know, so, I was kind of surprised when you were saying it's, you know, Africa is allowing you so they only short Let me ask you with them growing in it, which is legit, too. Are they able to disperse it to their the Africans also or are they only able to disperse it out of the country?

Unknown Speaker 49:48
Well, there's no domestic market. So that's what you're doing?

Unknown Speaker 49:51
Zero domestic,

Unknown Speaker 49:52
zero domestic now in South Africa. They have it a regulatory structure where you can put it into pharmacies. Now. It's weird in South Africa. South Africa and this is people need to realize this every state in every in every country, every US state and every every country is different in laws. Yeah. So you really have to understand where you're going. So the doctor in Africa, Africa is a big place. So there's a lot of countries there. So what do we seen his lawsuit to started the game off, legalizing in 2017. Then after that, Swaziland took it up, Swasey lands right near there, I had to learn my geography. So South Africa, always at the bottom and then we work our way up. So Swasey lands right there. Now you see Zimbabwe, Uganda. Tanzania is looking to legalize Kenya licenses in Tanzania. You know what I thought it was Tanzania and everybody says, No, you're pronouncing it wrong is Tanzania. I was like, Okay.

Unknown Speaker 50:45
I learned I learned every day.

Unknown Speaker 50:47
I you know, I took the American and I said, No, it's Tanzania. And they're like, Look, man, you're not from here.

Unknown Speaker 50:54
It's Tanzania. So I. So yes, as

Unknown Speaker 50:57
Asha. So we have licenses and for other African countries, East Africa. And so those countries though, they're just getting started and they want to do industrial hemp and CBD exports. And I keep saying, Look, that's not really a market right now. The Americans got that market that it's just not there yet. To me, I need to focus on THC and CBD Medicinal Products. And so they're starting to listen, but the stigmas real strong there. So the the products we make unless you too now are all export it. However, this contract that we're working on with a pharmaceutical company in Africa, a lot of countries are starting to legalize to medical, and we can put it into pharmacies in Africa. And they're a healthcare company. So they can do that. And so one of the things we've learned is you need to partner with people who know what they're doing. So do I know the African pharmaceutical market? No, I do not. I don't claim to know the aftermarket. But through what we're doing, what we do is we put out the energy and you're not talking about energy we put out Hey, this is what we're doing. And then my job is to try to attract those types of people and our people on the ground as well. So we have an office in Melbourne, Australia. And right now that office is to help because we import into Australia is to go talk to the providers because the COVID we can't just get on a plane and go there. So we work through partners there we're opening up an office in Milan, Italy, because we're dealing a lot with with companies in Milan and we also have an office in the UK. We only cultivate right now in the suit too because it's too expensive to do it in other places. So the main thing that we're working on right now john is to work on the international transportation game and in the trade game, I call it the New Silk Road because every country you go into has different rules. You know, we exported product from CBD product from Florida to the suta as a test run, and it took a month and a half just a simple kilos CBD crude. Then I got samples of CBD a shipped in from Colombia by FedEx and I had no problems and it got there in three days. Yeah, from Colombia what you figured they would search it and everything and then I had him that I shipped from the US into smokeable half into the UK and it was confiscated because they said it was it was too high THC because they're at point two

John Malanca 53:09
they just changed it it was it has been 0.2% and because they wanted to mirror what we're doing over here they I think they just recently just change it to 0.3 like just recently.

Unknown Speaker 53:20
JOHN, I will agree with you

Unknown Speaker 53:22
but that border patrol didn't get the memo on that.

John Malanca 53:25
Well I think a lot of people don't realize like even in Texas you know they're kind of like okay, what do we do here Do I mean that was on the on the fence of they have their dispensaries for CBD but they had the tinctures and other topicals and then the the flower and my first I was recently educated probably about three years ago I was invited to a farm in Minnesota, that blew my mind because to me hemp was always like corn for industrial reasons. I'm like how is this really medicine is it just to everyone just you know it just jumping on this bandwagon. And when I was invited out there, I was in a grow like it was an indoor like you see there? I think they had about 78 almost 80,000 square feet indoor and 1000 acres. 1000 acres outdoor. Yeah 1000 acre Yeah, about 1000 acres outdoor. And I walked through there and I could have I felt like I was walking up in Northern California. The smell, the hairs, the purple hairs, the the resin, the terpenes blew my mind and it was 0.3% THC. And so it really educated me going aha now I see that and now there's some great companies in here. I wasn't a big fan of CBD hemp CBD companies. You know now there's some there are some great companies. USDA certified organic, you know, and there's a you know, and I haven't been I have not been a fan of what is grown overseas because the regulations are different. You know, hemp is known as mop weed like you and I mopping up and they Pull up all the toxins, all the metals, all the pesticides, unless you're doing it correctly by testing and how you're flushing it and I'm a big fan of test the soil, so soil seed to sale, test the soil, plant the seed, have the product and then and then make it for it for the sale. And so again, I haven't been are you? Are you taking that step to bring that stigma down about I guess internationally grown foreign grown cannabis products,

Unknown Speaker 55:31
yes. And what we're trying to do the global standard and because America the global standard is now Good Manufacturing Practices which but it has to be European Union GMP, so it's all EU GMP yet. So America has regular GMP, but not a lot of companies have EU GMP. So I'm still searching for the holy grail of an EU GMP, hemp hemp production facility, because I can sell that product overseas. Gotcha. I get contacted a lot of times with companies Oh, I got this flower I got this. So just you know, if you're a grower and you're listening to this, the Holy Grail is 0% THC hemp flower with over 12 hopefully more 12% CBD. That's what everybody wants overseas right now. And it's so hard for me to find, because I don't want to ship 100 to 100,000 pounds, or right now we got an order for 1000 kilos a month to be shipped from from New Hampshire, we're working with a group to Switzerland, in crude or flour. And

John Malanca 56:35
so when you run into flour, I mean, temperature changes the cannabinoid profile,

Unknown Speaker 56:42
THC content and if you stress out the plant, that's why I don't like deal. That's why I need zero key. So I want to play Yeah, I need zero t so so where we are in the industry is just it's not there's not as much consistency for a plant in agriculture in cannabis game, because a lot of the genetics I talked to it's funny because everybody reaches out to me Syngenta reached out to me, and I was talking to them. And I said, we we have companies all over the world that were interested in getting involved. So we're in discussions right now with the largest sweetcorn, genetic manufacturer of seeds in South Africa, to start converting over to cannabis. And then we're working with a company out of Perth, Australia, excuse me that they have it to where they can get the replication of the seed. So theoretically, you could throw the seeds in any field and anywhere around the world. And you get the same exact product every single time because what I'm learning is that genetics just aren't that stable right now in the industry,

John Malanca 57:36
you know, where your daughter goes to school that one of the scientists there that I've interviewed, he has had the mother plant, and they, they they took clones off of it and groom in different parts of the campus or wherever they were and but all in Florida, and they ended up testing them and they all came out with different cannabinoid profiles, even off the same mothers. So for you to say that about the seeds. I mean, that's, that's, that's a big thing. Because you hopefully one, I mean, even in California, so say if I have a tincture that works here in California and and, you know, I run out in 30 days, I go back down, I get that same tincture and it might not work because it could be from a different crop, same label. Same same testing results. But but because of the different crop, it's treated, acting differently in my body. And so hopefully it'll be that way the way the pharmaceutical company or you know, take this you know, exactly even like going to a Ruth's Chris Steakhouse in Florida or in Kellen McDonald's

Unknown Speaker 58:35
or whatever you want to use the analogy. And this is the challenge in the industry. And that's why a lot of companies they just want to start with the oil because it they can, they can genetically, not genetically, but they can modify the oil to where it's the right consistencies, but the number one issue I have in the industry right now is dosing. Yeah, yeah, cuz this is your product. So a lot of people don't know the endocannabinoid system causes certain people to have different reactions to it. So I may need 20 milligrams, you may need 200 to get the same effect. So it doesn't fit into the western medicine model. So the challenge is, is getting accurate dosing. So when I go around the world, in countries that are legal, I have to to do some market research. So I got to go out to the stores, I got to buy different products. I got to try them out. And 20 milligrams in Vegas is different than 20 milligrams in Florida and is 20 milligrams in California. They're all different. Yeah. So if I'm a patient, which I am and and I don't want to sit there and and get hired because I gotta go do something. I don't want to take 20 milligrams, my normal dose. It's like drinking two beers and you're flat on the floor drunk. We're like, was only two beers. You know? So that's where we have when we bring people in, I always you probably do this too. I say start low and go slow. You know, if you like, Why don't feel anything. I don't feel anything. Well, that's great. Yeah, because that means you didn't have a bad experience. Yeah, so I'd rather you do nothing. And then we build you up to where you take too much and you're on the floor. Are you like I hate you? And why will make me do this?

John Malanca 1:00:02
Yeah, I won't do that again.

Unknown Speaker 1:00:04
Right. So I'd rather you say it's nothing. And another thing I tell people is, is Somebody said, Well, cannabis is kind of becoming boring. And I'm like, good.

Unknown Speaker 1:00:14
It's becoming Boring. Boring. Okay.

Unknown Speaker 1:00:16
So I'm like, that's great. And like Why? I said, because if it's boring, that means there's nothing crazy going on. Nobody's dying. Nobody's smuggling, nobody's doing anything. And so that means we've assimilated into society, and society has accepted it. And specifically here in Florida, when this law passed in 2016, john, nobody it was that NIMBY, not in my backyard, nobody wanted to store ever because all this is kind of like California had to opt in. Only a couple places opted in. Now. Nobody cares. There's over 300 stores, all these stores have opened up and you don't hear anything on the news about anything with cannabis. And I'm like, this is great. This is wonderful. And people are like, I don't understand why you're so excited. Because there's nothing going on. I'm like, that's the story. Nothing's going on. So we've accepted this in society. That's what I get excited that

John Malanca 1:01:13
it is because we have that in California. I know. You know, I don't I don't want it in my backyard. Let's go, you know, and there's still counties that don't have brick and mortars, the county I live in doesn't have any brick and mortars, right. Over five minutes, the next County, you have stores on every corner. And so you know, so and I understand that if it wasn't, you know, what, I want liquor stores in my backyard or massage parlors? Or, you know, you can't make everybody happy. That's the one thing and like, everyone cannot be happy, as we've just noticed and experienced with our with our recent election here. So do you are you with us cannabis? Are you helping? change laws? Are you helping patients? Are you helping investors? What were where do you fall into this? Because a lot of off all the audience I want. Our audience is a little everything. You know, a lot of them are patients or parents with patients from two years old to 102 years old. The cannabis naive, they you know, where do we go? Where do we start? You know, so they're listening. So with? What would it show? If someone went and look for you? What would they be looking for?

Unknown Speaker 1:02:30
Well, first of all, if you want to find me, you can google me, it's just Michael Patterson, and just put us cannabis pharmaceutical. And I'm up to about, I don't know, 12 pages, something like that. And I'll have I'll have all

John Malanca 1:02:40
the information here now, and I'm not I'm not kidding this, this talk right now. But I just want to, you know, if any of our listeners saying okay, well, how, how is Michael's company or what his offerings are? How would it benefit me, but I'm, I'm not a grower. So I guess it really doesn't. But I'm a patient. And so

Unknown Speaker 1:02:58
what we can do is a lot of times think of us has more of a business to business. And so we're not technically in that much in the retail. So to give you an idea, we're talking about laws, we help the state of Oklahoma write their law called the Unity act.

John Malanca 1:03:09
Boy, that's crazy. I just found out yesterday I was in a car with a gentleman from from Oklahoma, and to get a license is I mean, anybody go get a license. So I started, don't get me started. So that blew my mind. Yeah, it was it had more license in California,

Unknown Speaker 1:03:27
I believe over 10,000 right now, Oklahoma has over 10,000 licensed businesses, because they wrote a constitutional amendment, which passed which says you cannot put limits on the number of licenses. And the only thing you need to get a license is you have to be an Oklahoma resident 70% of the equity has to be Oklahoma resident, pass a background check and pay 30 $500. So we knew all that. And so we went into Oklahoma about two months after the law passed, and we talked to all the legislators, legislators, we talked to the governor's people, we talked to actual the head of the senate head of the house, I got to talk to the Attorney General in the state of Oklahoma in his office about we that was very weird, but very cool. At the same time. We've actually educated the FBI, we educated the FBI on federal what the current statutes are in the United States, what the statutes are in certain states as well as international trade. That was very cool to anyway. So in Oklahoma, we came in, we gave them the regulatory structure that they need to fix, fix the rest, seed to sale program to be able to be able to track and trace and also we recommended doing a cryptocurrency that we currently are working on, it's in the final stages with the US sec to get approved. And once approved, it will be the third one in US history. And so what we wanted to do was say, Look, you're gonna have a massive problem here because one of the things that I teach when i when i do classes is that what I call is the patterns and pillars of the cannabis space industry. And so the three pillars are public safety, patient access and commerce. And these three pillars must balance for society and a system to work. So for example, in Oklahoma, there's ways Too much commerce, you got 10,000 licensed businesses. So if you look at the data, two to 5% of the population typically qualify for medical cannabis. So pick a state. Usually it's between two to 5%. Well, Oklahoma is a little bit of an outlier. There are eight and a half percent. Right. So there are over almost 300,000 people, and they only have 4 million residents. To put that in perspective. Florida has 22 million people. And we have 22 licensed businesses. That's it. So each business right is worth close to probably about four or $500 million.

John Malanca 1:05:38
Well, that was a really a backwards, you had to be in the nursery business for 30 years like that. But it's like a

Unknown Speaker 1:05:48
licensed nursing mat, nursery man, and you had to be contiguous, meaning you had to be all 30 years, right? So they didn't write that for about 20 people. I looked it up, there was 43 people who qualified and the reason they did that it was to throw favors and through litigation. That's why we have 22 licenses. Originally, Florida started with five and now we have 22. They haven't had a new application processes 2015 because of litigation.

John Malanca 1:06:16
I mean, that was so backwards. To me. It's like okay, well, no one's been in the business legally, for 30 years. And that was a legal business being the nursery nursery business. But growing oranges or citrus, like your family's involved in or roses is a lot different than growing cannabis.

Unknown Speaker 1:06:34
I agree. And that's why I tell people, there's no rhyme or reason to a lot of this. It's usually whoever the lobbyist is, and putting together their agenda. Yeah, another state that I like is pretty balanced, is Pennsylvania. So Pennsylvania has 25 grower processor licenses, and they have 150 dispensaries. So it's pretty good access, there's 14 million people and right now they, they usually it takes about two years to get up and running in a new state, they were able to do it in about 20 months to have actually products on shelves, now they're up to about 250,000 patients, and they're getting ready to legalize recreational because New Jersey legalized recreational so now it's unenforceable to all the states that connect a you're gonna sit police on every bridge, and every tunnel coming out of Jersey, it's just not gonna happen. Right. So now, the public safety aspect of the three pillars is not enforceable. So if it's not enforceable, then you have to change the law. And so I think Lincoln or somebody said, if there's a law that nobody follows, and you have to get rid of it, because then you lose the effect of having laws. So it makes sense. So that's why I feel like the cannabis is going to be repealed, it's going to be repealed, we're pushing to just do medical, because we want the states to be able to have recreational and with a divided Senate, I don't think that's going to pass. So let's let states do rec, let's let, let's let companies like let the rest of America do medical. But we're really pushing to get guidelines for Medicare and Medicaid. Because Imagine all the people we could benefit if this was legal through Medicare and Medicaid, in whatever form that they decide to, I recommend not having flour, because convincing a 92 year old inhale something unless it's albuterol, or some type of breathing treatment. And by the way, I'm working with a team right now that's creating a generic hemp CBD based albuterol treatment. So where it'll be a lot cheaper than regular butyral. That is something that can get FDA approval, you know, so these are the things we try to talk to people but you know, that's where we want it to move. It's the right time. It's the right time for America to step up. because let me tell you, the rest of the world is passing America on this and there's a lot of money on the table. We're losing.

John Malanca 1:08:42
And it should and I talked about this all the time, I had a guest from the UK on the other day, and she was talking about America. And I said it's so funny, because over here, we think the rest of the world. Israel, Europe, China, Canada, South America, who am I who am I missing is Australia is leading the way over us we're here you know just like you're saying where you're calling your daughter's college is ranked number seven right now we're

Unknown Speaker 1:09:09
Xamarin right right. knighted states so

John Malanca 1:09:12
it is crazy. cryptocurrency getting in here and you're doing a lot with banking before as well. Do you think because this is a cash business? And you know all the stories that you used to hear before you know it you coined the term of the of the cannabis industry is boring, because everybody thought everyone walked around with duffel bags of cash, sticking it in safes, having you know, you know x Special Forces, you know, with guns.

Unknown Speaker 1:09:45
That happened. Yes, that was a legitimate industry 10 years ago. Yeah, like six seven years ago. Yes.

John Malanca 1:09:52
In the medical side, I could tell you I don't have duffel bags of cash. I wish I had duffel bags of cash but but but it with the crypto Currency? Do you feel that's going to help legitimize this industry? You take the black market? I don't say take the black market industry out. But I mean, I think the black market industry will always be there. What were you seeing this going? Do you do a lot with cryptocurrency? We do. And so

Unknown Speaker 1:10:21
like I said, we've been working on one now for four years. And with our team, they've been working on it for 10. And so this is the one we're trying to get approved to the US sec. So yes, cryptocurrency is the wave of the future, not just for cannabis, but for every industry. And the reason is decentralized banking. It just came out through the banking industry that they're eligible to take certain cryptocurrencies through federal law now as long as it's approved in the States. So you're going to start seeing banks trying to put their put their toe into it. But But what I want to emphasize about cryptocurrency is, don't think of it as a foreign concept, think of it as a stable coin, or just like using a debit card. Yeah, so the way you're going to see it is and what we want to do is put it in the system to where in Oklahoma, we're gonna have a stable coin, which is worth one US dollar. So if you have

Unknown Speaker 1:11:08
our token is called patriarchs is pa YTRAK. And then $1 sign, so pay tracks is going to be used, we want that to be the most well known cryptocurrency in the state of Oklahoma, because we worked it out to the government of Oklahoma that any pay tracks transaction, the taxes on that transaction are paid instantaneously. So for state government, when they're usually getting their tax money every quarter in a cash run industry, there's a lot of fraud. So what we want to do is protect the industry. So for example, if I'm a grower, and I'm going to sell 500 pounds, I don't have to sit there and carry the cash duffel bag, I can carry my phone, and then I have a QR code and we exchange cryptocurrency and then I can go down, I can go to my next website and download the cryptocurrency into my bank account. And so it's approved by the state government. And so that's where we feel is going to have more transparency, because to get into our system, they have to verify you personally, you have to put in all your personal information you have to be able to put in sometimes you're eventually going to see retinal scans that are going to go in for your crypto. Yeah, so and then what you're going to see is you're going to see an exchange. So you're going to see like the New York Stock Exchange for crypto because the problem of cryptocurrency is the value of the crypto is not the digital asset. The value is the law that stands behind it. So for example, with Bitcoin It was like a Bitcoin Bitcoin Bitcoin. Well, there's no real law that stands behind it. So that's why people get ripped off. So what we're creating is literally the token, but we're creating the exchange that it will go on any crypto can come on to where if you john, you go to a store and and Riverside, California and you use your crypto like they rip me off? Well, then who do you go to? So we would have a one 800 number and say, hey, these guys ripped us off, we would file an investigation just like a credit card company would. And if we find they rip you off, and we reimburse your crypto, and now we have regulation. So that's where we're getting. And so we're trying to be the tip of the spear in that business. Because it's taken us 10 years, through our partners to get this approved, we hope to have it done before Biden comes in, this is what they're telling us. So if we get that done over the next two years, you're going to start to see more crypto being used. But view crypto is something to where we want it desperately. because let me tell you, when you're sending money around the world, and you got to do wire transfers, and they don't work or some country, they lost it or all this different stuff. It takes it can take weeks. But if you have a crypto and I send it for here to you, and you're in a different country, and then I could go to an exchange and I can download and whatever currency I want, because in the SU two, they don't even take us dollars in their banks. What do you mean, they don't take us dollars? They said no. So we have to, we can't ship a lot of the money into YouTube because they don't have a way to transfer into US dollars. So we have to send it to our bank in the UK, we have a bank in the Seychelles. And then depending on where it's going, it's going to be paid in euros is going to be paid in pounds or Australian dollars. So that's where we want the crypto because as an international company, I can send money across the pond and I can do it quickly. But for the average consumer now you can get paid through crypto and they we pay you for your data and you get paid and what they're calling micro payments. So think about it as a like a rewards club. So you get a rewards club and you build up crypto, which is cash you can use on your next visit. And so it's going to be very similar to what we're seeing now. It's just getting this the legal and the digital infrastructure behind the scenes to catch up to where we are and also to get banks to realize you can't cut the banks out totally. Because why? Because they control the government. So if you let them in, then they'll let it come through and as long as they know they're making money, they'll be fine with it. And so one of the simplest ways I can explain cryptocurrency is think about it as a merchant processor. So if you go to a dispensary and they're going to use this crypto, then dispensary is going to push it because maybe their merchant process fee is only 3%. And if they go through somebody else, it's going to be 8%. So that's where I tell people that's where in cryptocurrency, if you're the cryptocurrency and they use it, you can make a lot of money on the merchant process fee, because it's just like, it's just like a Visa or MasterCard. And so that's what people need to understand it's gonna come out, it's gonna be worth one US dollar when it comes out. And the value to the person who owns a crypto is that merchant process fee. So every time you use it, they make money. Do

Unknown Speaker 1:15:33
you think,

John Malanca 1:15:36
though, not being a conspiracy theorist, but also, I mean, you're seeing these banks, we don't, we're short as a coin. We're not, we're seeing shortage of coins, and a lot of be due to COVID. We don't take cash anymore. I mean, the first be pre COVID. I remember I went down to I was down in San Diego last year, and I went in to a restaurant. And they didn't take cash. I said, You gotta be kidding me, I had never seen that you know, you don't take cash is that you think that's where it's gonna go.

Unknown Speaker 1:16:11
So they can go digital, and eventually, we'll have our fingerprint, and you'll put it on the little tab, like Back to the Future. So back to the future, too. That's what he did. That's how I paid the cab bill that's coming. And then you'll have it to where they'll read your, your, your digital profile, you'll have that on your phone, you'll pay it with your phone. And eventually, what you'll do is you just walk up, and then they'll say yes, that you'll either press it or you just want to even say anything. So it'll kind of be like your EZ Pass on your car, you'll have it to where it'll be on your phone, and the minute you walk through the door, it'll automatically bill you. So I see that convenience kind of coming through. And again, that's when you're going to deal with fraud. But the good thing about cryptocurrency is immutable, which means you can't fake it. So if somebody comes through and tries to steal it, you know exactly where it went, you know exactly all the details behind it. Our IT team can explain that I've learned in this business, stay in your lane. Okay. So I can I can give you the overall concepts. But when it comes down to the nitty gritty, I put the right people in to answer that. But yes, you're going to see more convenience, I think COVID has actually sped that up the same way. It sped up on demand, entertainment, the same types of things to do that. So I see that speeding up. And I think if the cannabis industry can get behind this and do it right, I think that could it could do well could bring more people into the industry, we're already seeing this believing in the casino industry. So casinos want to bring in crypto because it'll bring in a younger clientele, specifically in Oklahoma, because the average age of gambler keeps rising. Well, if you don't bring in the younger people to gamble, then you're not going to make money. So if they can bring in the crypto, so our goal is once it's approved, we'll start in the cannabis space. And then we're going to move into the regional casinos and then goes Vegas.

John Malanca 1:17:55
It's kind of scary, because you know, with with COVID now, and having PayPal and Venmo and all these things. It's like, you don't have the you don't, you know, we knew we knew the strength of $1 as a little kid, you'd mow lawns, do your paper route, you know, whatever. Oh my gosh, I have this. And now I can't tell you how many things by click, cuz you're all your information store. So it doesn't affect me the way it would affect me like having $100. And now I have $18 in my hand. It's like, Oh, you know, and so now the thing with PayPal and I'm and I'm still learning cryptocurrency and Bitcoin I'm not I mean, I'm here. I'm not even halfway understanding. But the thing that frustrated me about PayPal is that they froze our accounts. For years. I think I remember Chris was going through her cancer treatment, and they froze our accounts, and we don't sell products. And we but we did conferences and our conferences would do that they Nope, nope. And they and I had to sign I had to I had to write a letter and I spoke with a guy said, this is completely wrong. You know, we're not selling anything. We're doing a conference that we're not selling products,

Unknown Speaker 1:19:10
you're selling information because the same thing happened to me.

John Malanca 1:19:13
So I had to sign this McCarthy ism form. Yes, I'm a communist. I have broken your law I am using I am a illegal federally illegal company, you know, and I said, You know what, I'm done with PayPal. I'm done with it. I mean, we take my personal stuff. But there's another company out there called Venmo which everybody in the cannabis industry is selling their, their their products to and it's another online owned by PayPal, and I shared that with the guy said you guys are driving you know me holding back my adjectives here. But I said it's bullshit is what I said to him. And some other words on you don't because of PayPal, but we're not gonna accept cannabis over here, but we're not gonna we're not gonna really Punish anybody if it's over here, but it's still our company. And I think that's the big frustration. So I hope this this cryptocurrency can come in and change some things and and legitimize this industry. I mean, like I said, you know, this, this is a true industry. It's a what we call an essential business.

Unknown Speaker 1:20:20
I agree. But I gotta tell you, though, your bad experience, you paved the way for me because I came on to Sep 2016. with PayPal, yeah, we're doing conferences across Pennsylvania. When they legalize, they cut me off. But they said if you I said, Look, I'll did like you. I'm selling his information. Yeah, it Okay. Well, if you can send me the contracts that you had, because we did have a Mary out, send me the contracts, and show me what you're doing. And then we'll approve it. So for me, you paved the way for me. So thank you, john. I appreciate so I showed him that and they let me keep going. But they had like 130,000 of my money just sitting there. And I couldn't touch it. And so I sent them that. And so I think they finally gotten on the bandwagon. So you So what you're saying is, is what I've dealt with is tip of the spear stuff. Like we were the first people to advertise in Hawaii, about cannabis on the radio, because we were doing a seminar, they had to go all the way to the corporate, the top of the top to approve it. And I kept telling him, we're only providing information. There's no free samples. I hate that job. Or you got any free samples.

John Malanca 1:21:19
But every time we get that at the retirement communities, where are our samples, no

Unknown Speaker 1:21:25
matter where I am in the world, that's the number one quote, Oh,

Unknown Speaker 1:21:31
we don't have any I got paper, you want to have paper, you want to learn about it. That's not fine. And then another thing I noticed when we go in and do seminars in different states, it's, it's when the state legalizes I gotta tell you this. So you sit in there, and I just sit back and a fly on the wall when everybody's coming in and watch the room. And everybody's so excited. Oh, my gosh, I'm gonna do marijuana. It's gonna be crazy. But think about Zola life. And then we started with the rules. And then we started with the regulations. And then by the end of the day, they're like, Oh, my gosh, I'm like, Yeah, but look at it this way. Now you know exactly what you're up against. Yeah. And so one person said, well, you guys just crushed a lot of dreams. And I said, No, we actually what we do is we make them realistic. Yeah. And then people want to move forward. They do. And we're lucky it sir, at each conference, we've done somebody in that conference usually gets in the business. It's happened every time, which is great. Because we feel like we need to sit there and tell truth, like you're talking about this is the truth. If you want to do this, be ready. Because if I'm going to train for a marathon, I'm going to go find somebody who's done the marathon and say, what's it going to take? And I'm going to do exactly what they're going to do. And so that's where I think we are in the industry to say, look, this is what you're going to expect, just like you do with the other patients, everybody needs somebody to lead them in the right direction. And so that's why I feel like you and I are doing and working together, we can help more people.

John Malanca 1:22:53
Well, I plan on working together with you and right. And there's, throughout this whole conversation. My mind is like, Okay, I'm doing this Michael will be a perfect thing with this. We're doing this God, Michael would be a perfect thing to do this. So let's continue this topic conversation going. And I'll send you some emails of what you know, I'm working on but I think it would work directly there. Were it could help me and it can help you do these things too. So. So let's I can go on for hours you as we've

Unknown Speaker 1:23:30
got good.

John Malanca 1:23:31
People like come on? What what? What can you share for our audience that you see in the future? I know you said a few things with the cryptocurrency and laws and stuff like that. And I hope it has, you know, before all the laws change, especially in Florida. It if we didn't live in a legal state credit I and her family, her father would not be alive today. And there's a story of a gentleman that is he's a doctor in in Florida. And he called one day and this is back in 2011 2012. And he said, Hey, is John Malanca that he was speaking you as I'm reading your press release? Is it really is this really real? And I said it is real for me. This is what what was going on and he started crying. I said What's wrong? He says I'm a doctor and in Florida, my wife has cancer, brain cancer, I don't know what to do. And I would love to try. And I shared with him what I would do. And what I would have done is fly to illegal state obtain become a legal patient obtain it legally, how you get it back, you know to you is up to you. I'm not advising you to break the law. So about a couple weeks later, he calls me and he says hey john, you remember Yes, of course I remember you and he goes I just wanna let you know I did exactly what you told me what I took what I told him to do how to become a legal patient not to get it back to him but legal patient on coming out here as you as you you did as well bring your California US birth certificate, you know, go down to the DMV, get it, get it, get a California ID meet with a cannabis doctor, and then obtain the medicine. And anyway, he did all that. So over the next few months, he would call and text and email and we had relation one day he called me and he said, I'm leaving my wife's oncology point right now. And you're our first call. She has clear scans. I'm crying, he's crying. And he says, awesome. Yeah. He said, Will you send me a picture of you in Korean? Because I when my wife, I would like, like to show her a picture of this. And he goes, and he wrote me the nicest letter that said, you've allowed, you've allowed us to this, you allowed us to cut this, this cell malfunction off of the knees. With the information you say? Would you share it and I'm going to show this picture you and your wife to my show that these these are the angels that put us on this journey. And that meant a lot. And so when I talk to patients that live in illegal states, Florida, we used to be one California or Texas up one, Oklahoma, I mean, right down that everywhere. You know, it was only it's only become legal medically in some states. In some states. Cancer is not a qualified condition. Whereas hiccups hangnail, you know, and epilepsy is and it just and it frustrates me. So I what you're doing spreading this out, not only here in the US, but globally, helping patients because I think once I don't care what your what your stances on on cannabis or anything else. cancer and illness will will end does affect us all in one way or another. It's

Unknown Speaker 1:26:50
all about the wellness and how people feel and to me how people feel that's taking away from our economy, and helping us grow not as just as as as his citizens, but as humans. And so, to me, that's why I say cannabis is going to change the world. And so that's what our mission is, is like, like, what you're talking about helping individuals my job, I feel like I need to help create the infrastructure. So when people do need it, it's going to be available, because the big problem we see now is, is if people do want it in these countries when they can't get it. So by the time they legalized, we need to have a way to put it on the shelves quickly. And then that way it can be used because even if the medicines great if they can't access the medication, or if it's too expensive, if it's $900. I remember when Who was it? Who legalized it, it was here in Florida, I think it was it was like $800 for a little bottle. I mean, it was just crazy. Nobody could afford it. So that's what we're trying to do is is the medicines no good if you can't access it.

John Malanca 1:27:48
Totally, totally. And that that runs into us all the time, which, which is some of the things, you know, I'm looking, I'll talk more about that, that will help a lot of patients and a lot of a lot of garage operations like the one behind you, you know that they don't have access to what I'm talking to right now. But I'll share with you offline. I think that's it my friend.

Unknown Speaker 1:28:10
It's great show, dude, I love it. Yeah.

John Malanca 1:28:12
So how can I want to get you back on as well? You know, when I want to talk to you about? I mean, what can you leave our audience with? I know you touched up on that. How can they find you? Or you know, your privately held consulting firm? Will you ever go public? Are you looking for investors? I mean, what are you always looking

Unknown Speaker 1:28:32
for investors the challenges is a lot of our investment is in the MG MC, which is the company behind me. Okay, so our website is mg MC dash group calm. And so if you want to take a tour of this facility, it's actually online on our, on our website, and then so we're always looking for investors. I always tell people though, right now, we only need an investment in outside of the United States. So if you're comfortable investing outside of the US, we're all for it. We will go public with ngmc probably in two years. I'm actually one of the I'm actually the President on the executive board. So I will help steer the company. Well, we go public in the states it depends if it's legal, probably either in the UK or in Canada, depending on the type of the markets so and then to get a hold of me LinkedIn is probably the best it's just a Michael Patterson us cannabis pharmaceutical and I should come right up. I accept everybody because my job is to educate our corporate website for us cannabis is just u s. Si. P is in Paul ours and Randy D is in dog.com. So USC pr d.com which is a very complicated thing, which is the first letter of each each word in our name, which is us cannabis, pharmaceutical research and development. And so with that, and then also if you can't find me there just to go on Google Michael Patterson, US cannabis and it comes up. So

John Malanca 1:29:58
I'll put all your stuff on and on. You know, and so, I don't know if you know, but we'll have the video for our podcast, right? We're on BuzzFeed or buzzsprout, whatever it is, I think we're on 18 channels from I Heart Radio, to Apple to Google to Spotify and etc. And then we do a transcript of this as well. So but but and

Unknown Speaker 1:30:18
then we're gonna and remind me that so well, I'm starting my first podcast called the cannabis report with Michael Patterson, it's gonna start in January. So I encourage you to follow me on LinkedIn. And then yes, I'm going to be pushing over to have that and I definitely have john, you're gonna have to be on the show. We're gonna have a great time. So I can't wait. We're gonna shoot the shit. We're gonna have a great time talking about the different issues and definitely getting your perspective. So yeah, the cannabis report with Michael Patterson will be coming out in January so definitely encourage you guys to check that out.

John Malanca 1:30:46
We will will promote that for you as well. And Michael Patterson, CEO of us cannabis pharmaceutical research and development LLC, also known as US, US cannabis and keep it simple.

Unknown Speaker 1:30:59
Yes,

John Malanca 1:30:59
keep it simple and blessings, you your family. Congratulations on your daughter what she's doing and maybe she'll fall in the footsteps to her dad was speaking.

Unknown Speaker 1:31:09
No, no. I said I don't know right now. She thinks it's kind of boring. Okay. I

John Malanca 1:31:14
like like the rest of America guy. Right. Exactly. And and for everybody out there as well. Mike's a twin so your brother that's that's coming in getting he's gonna be on

Unknown Speaker 1:31:26
the show as a producer, identical twin and he used to be in radio. So he's gonna be doing the producing which is great.

John Malanca 1:31:32
Good team. Good team. So Michael, thank you very much. wishing you the best and and looking forward to do more things with you as well. Thanks, john. Yeah, everybody, John Malanca. Hope you enjoyed this united patient group. Be informed and be well and we'll see you soon. Bye. Take care.