Better Business for Small Business Leaders

From Struggle to Success: Meredith Farrow's Journey in the CBD Industry

• Chrissy Myers • Season 1 • Episode 4

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Discover how Meredith Farrow, CEO of Clean Remedies, transformed her struggle with postpartum depression into a thriving business in the CBD industry. In our latest episode, Meredith opens up about her personal journey and the critical importance of USDA certified organic CBD products. Learn firsthand how organic farming practices can ensure the purity and safety of CBD offerings, and gain insights into the regulatory hurdles that the cannabis industry faces. Meredith also debunks common misconceptions about CBD users and offers invaluable advice for small business owners who are navigating the ever-evolving landscape of industry laws and regulations.

Get ready to be enlightened on the benefits of choosing organic CBD products and the nuances between different types of CBD, such as full spectrum versus isolate. Meredith shares her marketing wisdom, discussing the unique challenges and effective strategies for promoting CBD products in a highly regulated market. From the trial and error of Facebook ads to the power of local advertising, Meredith emphasizes the need for drive, patience, and adaptability. Finally, we look ahead to the exciting goals for Clean Remedies, underscoring their mission to educate and help people through top-quality hemp products. This episode is essential listening for anyone interested in the dynamic world of CBD and small business resilience.

Connect w/ Meredith:
Clean Remedies

🎙️ Connect with Chrissy Myers and discover how resilience, expertise, and community can transform your world:

🔗 Follow Chrissy on LinkedIn for behind-the-scenes insights, leadership tips, and updates on her journey as the CEO of two thriving businesses.

📘 Grab your copy of 'Reluctantly Resilient' to learn how Chrissy turned challenges into opportunities and how you can do the same in your life and business.

🤝 Explore Clarity HR and discover how Chrissy’s team simplifies HR for small businesses, giving you peace of mind to focus on what matters most.

💼 Visit AUI to see how Chrissy's employee benefits expertise can help you build a healthier, happier workforce.

Speaker 1:

So you really have to be able to be flexible and pivot, and pivot quickly. If you sit on the sideline too long, you're going to miss your opportunity.

Speaker 2:

So today on the podcast we have Meredith Farrow, the CEO of Clean Remedies. Thank you for your time today, Meredith. Thanks for having me, Chrissy, so can you tell me a little bit about what your business does?

Speaker 1:

We are a cannabis manufacturer. We specialize in hemp-based products, so CBD and THC, and we do everything except to grow the hemp. So we have a manufacturing lab in Avon, ohio, where we make all of our goodies. We ship everything out. We even have a retail store there, customer service, sales, everything's in Avon.

Speaker 2:

Wow. So tell me what sparked your interest in the hemp industry. Is there anything specific that led you to start Clean Remedies?

Speaker 1:

Yes, so I have two children. I had pretty severe postpartum depression, with both of them Was put on not only antidepressants but benzos as well. At the time I had no idea how addictive some of these benzos were, Just took them to try to feel better, Tried to get off of them and could not. So I realized very quickly I was dependent on some of these medications. I was on them for probably almost a decade, tried to get off of them for about seven years when I realized that my memory was being affected by this and that I just I could not go to sleep or I could not function during the day without it. And I thought to myself there has to be a more natural alternative to big pharma. There has to be something out there that's a little bit safer and still effective. And so I was introduced to CBD and thought this is it. This is better than anything that you could get your hands on through the pharmacy.

Speaker 2:

Wow. So you're one of a few 100% USDA certified organic CBD companies. So if you're going to do it, you do it really well. So what led you to prioritize organic?

Speaker 1:

certification for your product line and how does that impact your business? So hemp is a bioaccumulator, which means it sucks up all the heavy metals, toxins, pesticides, anything that's in the soil, and a lot of times farmers use that to cleanse their soil before they plant a new crop. And so if you are getting your hemp from, let's just say, a field in Kentucky that used to grow tobacco or somewhere out west that you know, maybe they're spraying a farm close by and that spray is definitely going to travel into the hemp crops. You're ingesting that and most people are taking our product because they have some type of a health ailment. So organic just made sense to me. The fact that you are trying to either help with your pain or your anxiety or whatever the ailment is. You don't wanna add more to it by having nasties in your product. So organic to me was just a very obvious route to go. Okay.

Speaker 2:

So, meredith, I had this thought in my head as to what someone who manufactured CBD products look like, maybe what they did, how they ran their business. You do not appear like that person at all. How have you had to kind of work through? You know what misconceptions people have about CBD and about the products that you sell.

Speaker 1:

I get that all the time. You know people think that I'm going to be some stoner with dreadlocks hippy dippy. You know I'm a business person first and I found a business that I was passionate about. And I found a business that I was passionate about While I use our products and I consume our products. I'm not your typical pot smoker that you would think. The biggest difference between CBD and THC is that CBD does not get you high where THC does get you high. So people that use our products are not living in mom's basement, stoned out of their mind all day. They are you and me every day, white collar people that get up and go to a job nine to five Monday through Friday, drive their kids to soccer practice after work, go to church on Sunday. It is people just like us that are using our products.

Speaker 2:

So you're in an interesting industry in that you have a lot of regulations, not just with state but also with federal, so you've got evolving challenges happening all the time. How do you navigate some of those challenges and advocate for your business within that industry?

Speaker 1:

Yeah, it's tough. Not gonna lie, it is. It is hard. We are very regulated and staying on top of the laws or the could be laws that are always looming out there is tough. I used to have a chief totally blanked out on what her chief it's in there. What is it in there? Can you bloop this out?

Speaker 2:

I'll find a way. Chief communications officer.

Speaker 1:

No chief.

Speaker 2:

I don't have your, I just have the questions. Legal Chief.

Speaker 1:

Compliance Compliance officer Gosh, I only had one cup of coffee this morning. I used to have a chief compliance officer and she really helped me in the beginning to stay on the straight and narrow. She really helped me to learn the law. Knowledge is power. I have a great attorney and I have actually hired some lobbyists to help, because Ohio there's a lot of rumblings about Ohio changing the law in this industry, and so I have hired a lobbyist group to help me as well.

Speaker 2:

Okay, so for those small businesses that maybe don't have to deal with the level of regulations that you do but potentially could have something shift in their industry for example, we dealt with a major shift in the insurance industry and the Affordable Care Act what advice would you give to small business owners about paying attention and kind of like being aware of what could potentially shift within their, their industry, the legalities of how they do business, and then, at the same time, how do they take care of compliance? What's some advice you could give just anyone?

Speaker 1:

Well, you have to absolutely be up and up on the laws. For me it's all 50 states, so it's not just Ohio, so different states have different laws. There are certain products that we can't sell our products into, so you absolutely have to be educated and have some knowledge. You need to have a good legal representation for if you have any questions and you have have to be educated and have some knowledge. You need to have a good legal representation for if you have any questions and you have to really be flexible, especially in this industry. I mean I would have been out of business years ago if I hadn't shifted and gone more towards THC products, because that seems to be what more people are wanting now to get the faster results. So you really have to be able to be flexible and pivot, and pivot quickly If you sit on the sideline too long you're going to miss your opportunity.

Speaker 2:

Okay, so you talked a lot about education for yourself and knowing what's going on in your industry. Let's talk about how you educate consumers too. So how do you educate your consumers about the differences in hemp quality and especially the importance of choosing organic, because that's something that you specialize in, right?

Speaker 1:

So we like to tell people that you can get CBD now anywhere. You can go to your local gas station, you can go to your local convenience store down on the corner and you're going to be able to get it anywhere. But you can't compare apples to oranges, so you have to look at A. What are the milligrams? What is the potency that you're buying? Is it a full spectrum versus an isolate? Versus THC? There's, you know, different levels. Does it have artificial colors, flavors? Does it? Is it organic, is it not?

Speaker 1:

You know there's so much that goes into it and there's a lot of brands out there that just don't care about quality. They just want to mass produce it, stick it on the shelf and charge as little as they can. But they, you know, they want mass volume. So we try to tell people that it really matters where you're getting it. We specialize in selling wholesale into medical offices and so we have to be top notch. If we're selling into doctor's offices and chiropractic offices and whatnot, we have to be on the up and up with everything.

Speaker 1:

So just knowing that you can get it anywhere, but just like anything, you know there is quality and there is there's crap out there. So trying to educate people on that, trying to tell them that if they think it didn't work the first time, digging in and asking some of these questions like well, what was the potency you had? What was the brand, was it full spectrum? Was it a CBD isolate? Which a lot of people don't even know the difference between those things. So it's hard to educate them when people aren't aware of all the differences that they can get. But I think that when people have tried a crap product and then they try our product, they know the difference right away.

Speaker 2:

Okay, so let's talk about shifting from education. So you have to educate your customers At the same time. You talked at the beginning of the podcast about how your customer isn't necessarily who we would think is consuming a CBD or a THC product. So what I would love to know now, especially with you working in a regulated industry, also having to educate your customers, what are some of the key marketing strategies that you are using to reach your target audience, who may or may not have been the person that everybody thought would consume this type of product? How do you reach them?

Speaker 1:

Marketing has been tough in this highly regulated industry because for the longest time we couldn't do Google ads, we couldn't do Facebook ads, we couldn't do Facebook ads, we couldn't even have normal banking relationships. I mean, it was really, really hard in the beginning. Things have started to loosen up a bit and so we have thrown a lot of stuff at the wall to see what sticks. Some have stuck, some hasn't, but I would say that our most successful would be our Facebook ads. We pause them throughout the year though at times, because we find that, like summer months, they don't do as well as more in the fall and the winter and spring.

Speaker 1:

So I would say Facebook ads retargeting people that are coming onto our website, because we do have a website. We use print ads, we do billboards. So we're trying to do one of two things we're trying to raise awareness in the Cleveland area with local publishers, local billboards, but then, on a more national scale, we're targeting for Facebook ads. We did Google ads. They didn't do well, so we stopped our Google ads, but that might be something we might do in the future as well.

Speaker 2:

So is a lot of what you're doing. Is it kind of trial and error? A?

Speaker 1:

lot of it is trial and error, so a lot of money wasted trying to figure out what what's best?

Speaker 2:

How do you maintain your patience with with some of these things? I would think that you know having to dealing with a lot of trial and error, dealing with a lot of changes in regulation, not always knowing where someone's going to move and move your cheese, I mean, you're constantly looking for the direction. How do you maintain your energy and your drive as a business owner?

Speaker 1:

I have a mission. You know, I didn't start this company to make a buck. I started this company because I had a real passion to help people, and so that's the first and foremost front of my mind is if I can help one more person not become dependent or addicted on the medication, if I can help one more person get out of bed today because of their anxiety or their depression, or get you know a better night's sleep and be a better mother, father, spouse. You know, whatever that may look like, that's on the forefront of my mind is helping people, and so I'm always remembering that on the hard days I don't have a lot of patience. I'm someone that moves quickly and don't have a lot of patience.

Speaker 1:

But I would say that there are times throughout my business journey that I have stopped everything and just did a reset. And I've stopped, you know, all marketing, all sales. I've stopped everything and just done a reset. And I think sometimes that's important to do, just because you can get overwhelmed in this industry, you can get frustrated, you can get where you just wanna throw the towel in and just burn it all down, but you've got to kind of take a step back and I keep saying to myself why did I get into this industry?

Speaker 2:

Okay, wow. So looking ahead, what are your goals for? For clean remedies? Are there any specific product lines, marketing segments you plan to expand to what? What's your goal besides world domination of the cannabis industry?

Speaker 1:

My goal is two things. One, education. You know there's still a lack of education out there where people think, oh, I would never touch that that's. You know that's bad, that's a drug. And so trying to get people to understand why you would use this versus suffering or taking a pharmaceutical drug. So definitely, education is still we've got a long, long ways to go. But secondly, I want to diversify a bit out of cannabis as well. You know I'm interested in supplements or things that are going to help people, like, for instance, functional mushrooms that's something that we're gonna be launching soon that will not be a cannabis product. Nootropics that's also something that's that fascinates me, that we would do without cannabis. So try to diversify a bit, and I think that that goes back to your last question. Is diversifying about out of cannabis is going to help. When these laws and rules and regulations change and we have to pivot again, having some diversification and products will definitely help that.

Speaker 2:

Okay, so I'm hearing a lot of, you know, resilience in your story, continuing to pivot, continuing to try new things, at the same time being passionate about helping individuals, whether it's with their mental health care, with their physical well-being. I want to know what are some of your personal values at this point that guide the business decisions that you're making? How do you incorporate them even more into Clean Remedies and kind of continue to think about what you want to do?

Speaker 1:

moving on, so my personal values absolutely drive the ship at Clean Remedies. First and foremost, life is short and we are never guaranteed tomorrow, and so I really believe wholeheartedly in taking a leap forward, doing something against the grid, doing something, you know. When I first started in this industry I joke around people thought I was like Breaking Bad in my basement the show Breaking Bad, you know, because it's like you're doing. What Are you growing marijuana in your basement, like no one?

Speaker 2:

really knew it was very taboo.

Speaker 1:

Yeah, it was like and I'm thinking, no, I'm not doing that. But it's like I had two heads on my shoulder but taking that leap and being the first to kind of get into an industry in the Cleveland area I didn't know anyone else that was in this industry at the time Cleveland area, I didn't know anyone else that was in this industry at the time. So I do think I was one of the first in actually probably the state of Ohio, but definitely in Cleveland, but taking that leap and believing in your gut and in your heart that what you're doing is for the right reason. If I was doing it for the wrong reason, I don't think I could have kept going, but I felt that I was doing it for the right reason. So always doing things for the right reason.

Speaker 2:

Love it. So one thing that we like to do on this podcast is give our small business owners one usable thing from your experience as a business owner. If there is one thing that you would want to leave as a lesson from what you have experienced in your small business life that another small business owner could take into their business, what would that be you?

Speaker 1:

have to be flexible and willing to pivot and when you think you have a plan, throw it away because you're going to have to have another plan, and another plan, and another plan. So you just you have to be flexible, you have to pivot and know that things change, people change, businesses change and if you're not willing to change with it, you're going to be left behind. Wonderful.

Speaker 2:

Well, meredith, thank you for your time today.

Speaker 1:

Thank you for sharing about clean remedies talking about being flexible and continuing to be nimble in an industry that is constantly changing. Thank you, Chrissy.