March 10, 2017
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Richard and Joe welcomed Eric Gomez, CEO of Canopy San Diego. Canopy San Diego is a mentorship-driven, seed-stage investment program for startups in the legal cannabis-ancillary industry. There is one important caveat to the accelerator. Canopy San Diego is bypassing the risks associated with funding anyone dealing directly with plants, which means it won’t accept startups that actually cultivate or sell cannabis. The goal of Canopy SD is to boost companies with products that could help growers or dispensaries. Many companies will not do business with the pot industry, leaving a niche for banking, water, and data analytics products tailored to marijuana businesses. Canopy takes entrepreneurs just starting a company and teaches them how to build infrastructure, making sure they have all the non-sexy business components in place, like legal and accounting.
“During the gold rush, it’s a good time to be in the pick and shovel business” – Mark Twain
Participants give up an ownership stake of between 6 and 9.5 percent in their venture in exchange for $20,000 in working capital and guidance from the investor group who help them establish a business plan that will attract further investment. The most promising companies can get up to another $50,000 upon completion of the program. Canopy puts the entrepreneurs in a free, shared working space. Within that space, they bring in a number of mentors, have social events several times a month, and bring in investors looking to develop within the cannabis industry. The goal as an accelerator is to produce companies that can compete with other startups and raise money quicker from strategic partners that are going to help them get to the next stage.
Recently, Canopy San Diego completed its first cohort. The eight companies participating in the accelerator program were, Apothecary Direct Cannabis Network, Icarus RT, Lodestone Data Technologies, LooseLeaf Tech, LoudCloud, MycoCann, and Yobi. Canopy is looking for startups with a strong team of founders who have technical knowledge of the industry and a solution to a problem for their upcoming class.
Eric Gomez received his BS in Mechanical Engineering from UCLA in 1997 and an MBA from the University of Texas at Austin in 2007.
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November 7, 2012Tax Attorney Rich Gaines joined the show on November 11th to discuss taxes and family issues related to wealth. Beyond offering his advice as a lawyer, Mr. Gaines guides experiential workshops in San Diego, which focus on topics such as business prosperity and the mastery of self and financial health. Throughout his career, Mr. Gaines ... Read more
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October 24, 2012Mike Ryan is Chief Investment Strategist for Wealth Management Americas, Head of Wealth Management Research Americas and Chairman of the WMA Investment Committee. He is responsible for bringing together market and investment insights from multiple sources and positioning them so as to optimize their impact for UBS clients. In addition, Mike directs teams of investment ... Read more
October 22, 2012Nationally-noted class action securities attorney and now retired, Bill Lerach was the first guest on our radio program on Oct 30 2011. He delivered this lecture at the University of San Diego School of Law’s Warren Hall on Oct 19, 2012. Dean Stephen Ferruolo provided the introduction. Over the course of his legal career of 30 ... Read more
October 17, 2012Listen to Podcast of the Show Richard and Joe welcomed Congressional Candidate hopeful, Scott Peters. Scott is vying for the Congressional seat of the 52nd District, which is currently held by Republican Brian Bilbray. Scott was raised in Detroit, Michigan, and went onto obtain his undergraduate degree from Duke University, after which he served as ... Read more
October 11, 2012Richard and Joe welcomed climate researchers, Dan Cayan, Ph.D and Jeff Severinghaus, Ph.D to discuss their research and findings relating to climate, particularly the related impacts, trends and predictions. Dr. Daniel R. Cayan is a Research Meteorologist at the Scripps Institution of Oceanography (SIO), University of California, San Diego, and a Researcher in the ... Read more
October 5, 2012Richard spoke about for an audience of 120 people about how becoming involved as a community volunteer can serve to break down the barriers that intolerance puts up. He followed Dave Stanley (Elvis Presley’s half-brother) and preceded Berny Dohrmann (Founder of CEO Space). The ‘Secret Knock’ is a private gathering of positive, like-minded people coordinated ... Read more
October 2, 2012October started right with an in-depth discussion about wealth strategies with guest, Jeff Brooks. Currently, Jeff is the Director and Senior Wealth Strategist for UBS Wealth Management greater Los Angeles area office. Prior to joining the UBS team in 2010, Jeff spent over a dozen years in the private bank industry working for Merrill Lynch ... Read more
September 26, 2012Isabel Cruz discussed the benefits of eating healthy. As a self-taught chef who has opened many successful restaurants, Isabel knows that her message of eating healthy is reaching many. Her Latino heritage which combined the traditional dishes of Cuba, Puerto Rico, and Mexico, and her love of Korean, Thai, and Japanese cuisine have played ... Read more
September 19, 2012Joel Grushkin discussed cost segregation. Having more than thirty years of executive experience, Joel is currently the San Diego Regional Director of Cost Segregation Initiatives (CSI). Cost Segregation is the IRS approved method of re-classifying components and improvements of a commercial building resulting in a reduced income tax liability and an increased cash flow. ... Read more