We learn about Qredible's compliance platform for the cannabis industry with Chairman and CEO Brian Fitzpatrick. The discussion highlights Qredible's use of blockchain technology and automated compliance checks, as well as its marketplace approach. Specific software solutions like Q Monitor, Q Transact, and My COA are detailed, along with the platform's ability to adapt to changing regulations.

We also learn about Fitzpatrick's Credible Live podcast and discussed some of the topics covered, including regulatory challenges, fintech innovation, and market integration.

Terry Mendez, the new CEO of Safe Harbor Financial, the newly appointed CEO of Safe Harbor Financial, emphasizing their experience in the cannabis industry and business transformation . We discussed Safe Harbor's success in processing over $25 billion in cannabis-related funds, their strategies for navigating industry challenges (including regulatory hurdles and taxation), and their vision for expanding into a multifaceted fintech company offering various services beyond banking.

Mendez highlighted several new initiatives, such as debt restructuring, new programs (employee banking, Safe Harbor Connects), and the development of a lending platform, while emphasizing the company's NASDAQ listing and data-driven approach to addressing industry pain points.

Anthony Coniglio of New Lake Capital Partners returns to Blunt Business to discuss the current state of the cannabis industry.

Despite delays in federal reform and setbacks like the failed Florida ballot initiative, New Lake Partners maintains a strong financial position. Coniglio highlights the company's disciplined capital allocation strategy, focus on limited-licensed jurisdictions, and key performance indicators such as AFO and AFO payout ratio.

The conversation also covers strategies for mitigating risks, monitoring market conditions, and exploring future opportunities tied to potential federal regulation and increased institutional investor interest.