Karma Koala Podcast

KARMA KOALA PODCAST

The Karma Koala Podcast by Sean Hocking the founder and editor of Cannabis Law ReportThis podcast is one on one conversations , long-form and short-form covering all aspects of cannabis law, biz, compliance, issues, updates etc from around the world.Listen in - learn something new I speak with lawyers, politicians, CEO's, founders, regulators about the new global push for regulating cannabis use.

  1. Sep 24

    Karma Koala Podcast 335: Kraig Fox – Reklaim and Credit Reporting For Cannabis In The US, “We Can’t Keep Up With The Phone Calls”

    Business, or for that matter life, in the US doesn’t operate without credit reports. Cannabis needs it desperately so it’s good to see somebody taking the issue seriously. Kraig Fox I am the Founder and CEO of REKLAIM Credit Solutions, a commercial credit rating and reporting agency built specifically for the regulated cannabis industry. Cannabis runs on trade credit, but companies throughout the supply chain have historically extended millions of dollars in unsecured terms without access to the commercial credit intelligence available in virtually every other major industry. REKLAIM is being built to change that. We combine cannabis-specific accounts receivable and payment history, public records, regulatory data and predictive analytics to help businesses evaluate commercial credit risk before extending terms — including credit scores, suggested credit limits, credit reports and ongoing monitoring. My interest in the problem comes from both sides of the table. I have spent more than a decade as an investor, advisor and operator in cannabis and more than 30 years building, operating, financing and consolidating businesses. Earlier in my career I helped build companies that became part of iHeartMedia, Live Nation and Core Media. I subsequently held senior leadership and investment roles at Guggenheim Partners and Eldridge Industries and served as President and CEO of High Times. Across that career I have overseen more than 100 M&A transactions representing more than $10 billion in aggregate transaction value through six public-company platforms.More at https://cannabislaw.report/karma-koala-podcast-335-kraig-fox-reklaim-and-credit-reporting-for-cannabis-in-the-us-we-cant-keep-up-with-thd-phone-calls/

  2. Sep 17

    Karma Koala Podcast 334: Avis Bulbulyan Siva (CA): The Curaleaf Aurora Hostile Takeover "It Is A Smart Play Off A Week Target..... And In The End A European Medical Market Play"

    As the Curaleaf hostile gets ever more heatedI thought let's get Avis up in the tree with the Koalas as he has a better sense of feeling about these things than most of the rest of us. First up,  Avis alerted me to the fact that today Boris has invited all Aurora shareholders to this webcast to lay out his plans. Aurora shareholders can register for the live webcast hosted by Curaleaf Chairman and CEO Boris Jordan at grow.curaleaf.  Webcast Details Date: Thursday, September 17, 2026 (Note: The user query mentioned September 18, but official releases specify September 17). Time: 10:30 a.m. ET Host: Boris Jordan, Chairman and CEO of Curaleaf Target Audience: Aurora Cannabis shareholders    Offer Context The Bid: Curaleaf made an unsolicited offer to acquire Aurora Cannabis structured as 80% stock and 20% cash.Tender Deadline: Aurora shareholders must tender their shares before December 1, 2026.Action Required: Shareholders wishing to accept the offer should contact their broker or log in to their brokerage account to tender their shares.   We also touch on some of the other bigger known names in the game in the US. Trulieve, Cookies, Glasshouse and also how at Siva he is  now working with private companies and capital to create and build businesses who are looking at the long term.https://cannabislaw.report/karma-koala-podcast-333-avis-bulbulyan-siva-ca-the-curaleaf-aurora-hostile-takeover-it-is-a-smart-play-off-a-week-target-and-in-the-end-a-european-medical-market-play/

  3. Aug 27

    Karma Koala Podcast 332: The DeAngelo Chronicles Part 7: The West is The Best

    To paraphrase the Lizard King The west is the bestThe west is the bestGet here and we’ll do the restThe blue bus is calling usThe blue bus is calling usDriver, where you taking us? It’s time for Steve to move from DC and embrace California’s somewhat more accepting. (if slow) understanding of the future of medical cannabis. Although, as always, the politicians were a little behind the 8 ball. “This is not medicine, this is a Cheech and Chong show.” General Barry McCaffrey (US Drug Czar) We discuss 1996 California Proposition 215 The birth of Harborside Harborside Health Center was founded in Oakland, California, in 2006 by cannabis activists and industry veterans Steve DeAngelo and Dress Wedding (along with Steve’s brother, Andrew DeAngelo) Founding and Early Innovation First Licenses: Harborside was granted one of the first six medical cannabis licenses issued in the United States.  Industry Standards: It became the first dispensary in the country to require rigorous product testing for purity, potency, and pesticide-free quality, setting a gold standard for the modern legal market.  Holistic Model: Operating originally as a non-profit, Harborside focused heavily on patient care, offering free holistic health services, counseling, and education for seniors, veterans, and families. At its peak, it was widely considered the largest and most influential cannabis dispensary in the world.  Media Spotlight: The dispensary gained global fame as the central subject of the Discovery Channel reality television series Weed Wars in 2011.  Steve also talks about run ins with the IRS as various agencies all pounded on the door for their pound of flesh   Also see  https://www.clm.com/code-%C2%A7280e-planning-observations-harborside-case-hinges-on-definition-of-consists-of/ https://www.taxnotes.com/research/federal/court-documents/court-opinions-and-orders/ninth-circuit-affirms-tax-court-on-dispensarys-inventory-costs/52h0c https://www.congress.gov/crs-product/R46709https://cannabislaw.report/karma-koala-podcast-332-the-deangelo-chronicles-part-7-the-west-is-the-best/

  4. Aug 24

    Karma Koala Podcast 331: Same Francis, the Caribbean - new report, "From the Code Noir to GACP/GMP: Cannabis and the New Colonial Economy"

    I spoke to Same last year about the policy work he is doing with multiple jurisdictions in the Caribbean. He has now published the report "From the Code Noir to GACP/GMP: Cannabis and the New Colonial Economy" The Caribbean is dismantling prohibition. The harder task is ensuring that legal cannabis does not reproduce an older economic order in which the South grows the commodity while standards, capital, certification and value are controlled elsewhere. In May 2026, France's National Assembly adopted at first reading a bill providing for the repeal of the Code Noir, the 1685 edict that helped organise slavery in France's American colonies. The measure is not yet final and remains in the parliamentary process. One detail of the debate, however, is revealing. The text uses the language of abrogation. An amendment proposed replacing that word with annulment. The distinction is not merely semantic. Abrogation removes a rule from the legal order. Nullity goes further by challenging its legal validity at the root. France used that stronger logic after the fall of the Vichy regime, including for measures that established or applied discrimination based on Jewish status. The amendment on the Code Noir was withdrawn, and the text retained the language of abrogation. [1][2][3] There is no moral or legal equivalence between the Code Noir and modern cannabis standards such as Good Agricultural and Collection Practice or Good Manufacturing Practice. GACP and GMP are quality systems. The Code Noir belonged to a legal order of slavery. Nor is there a direct legal genealogy connecting them. The comparison is narrower and more useful. A society can remove a rule without necessarily dismantling the economic structures and relationships of power that developed around it. That question matters for cannabis reform. Caribbean governments are gradually removing prohibition, creating regulators and writing the rules of legal markets. But ending criminalisation does not decide who will own the industry that replaces it, who will define quality, who will finance compliance or where the highest-value parts of the value chain will sit. The plant can become legal while its value chain remains externally controlled. That is the new colonial question.   We speak about the work he is doing with regulators throughout the region as well as the report and his websites including the International Society of Cannabis Same is a prominent commentator and strategist who tracks the development of legal cannabis frameworks, market infrastructure, and regulatory rollouts across the region https://cannabislaw.report/karma-koala-podcast-331-same-francis-the-caribbean-new-report-from-the-code-noir-to-gacp-gmp-cannabis-and-the-new-colonial-economy/

About

The Karma Koala Podcast by Sean Hocking the founder and editor of Cannabis Law ReportThis podcast is one on one conversations , long-form and short-form covering all aspects of cannabis law, biz, compliance, issues, updates etc from around the world.Listen in - learn something new I speak with lawyers, politicians, CEO's, founders, regulators about the new global push for regulating cannabis use.