Cannabis Equipment News
Cannabis Equipment News is an interview series with growers, processors, manufacturers, distributors and other professionals who work within the legal cannabis industry. We provide answers to the challenges cannabis professionals face every day and discuss the industry as it continues to develop.
Cannabis Equipment News
Improving Commerce for Cannabis Operators Built on a Foundation of Good Data with Vince Ning
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This week, Vince Ning, co-founder and CEO of Nabis (think can-Nabis), joins the Cannabis Equipment News podcast to discuss the regulations that could fix the cannabis supply chain, his thoughts on interstate commerce, how he secured Y Combinator backing, the state of the legal and illicit markets in California and how he is improving commerce for operators by building a cannabis wholesaling platform with the largest portfolio of cannabis brands in the world.
Nabis has a significant presence in California (30% of market), Nevada (50%) and New York (15%) and does more than $1 billion in wholesale transactions (about 5% of the U.S. market) each year, according to Ning.
We also discuss the threatened excise tax in California and Michigan's 24% wholesale tax set to begin January 1, 2026.