Published: Dec. 11, 2020, 8:27 a.m.
<p>Welcome back to the show. In this episode I interview Dr. Jon Thompson. Dr. Thompson is a separations scientist, entrepreneur, and inventor. As a scientist, he has a strong technical background and industry experience in analytical instrumentation, in-vitro diagnostics, biotech, mining, and homeland security markets. During his cannabis industry career, Dr. Thompson has earned a strong track record of winning and implementing medical cannabis licenses in well-regulated, medically-modeled states. Dr. Thompson has assisted numerous companies to attain their goals in cannabis and hemp manufacturing, as well as market development, strategic marketing, and worldwide business-to-business alliance formation (including international markets).</p>
<h1>In this episode we discuss:</h1>
<ul>
<li>How he got into the CBD industry[5:37]</li>
<li>Licenses required for having a CBD business [7:33]</li>
<li>Two distinct industries in the cannabis business and how Jon’s company help them [10:08]</li>
<li>Products that are created out of hemp and how they extract these [13:43]</li>
<li>Growing and importing cannabis [18:24]</li>
<li>Hurdles in starting a business in the CBD industry and how to start a CBD business - Loans, grants etc [20:47]</li>
<li>What you need to start a CBD manufacturing business [27:55]</li>
<li>Investing in a CBD business [32:06]</li>
<li>Where the CBD industry is heading [34:08]</li>
<li>Best ways to contact Jon and get more information [35:00]</li>
</ul>
<h1>Links to sources and tools</h1>
<ul>
<li>Go to <a href="https://extraktlab.com/" rel="nofollow noreferrer noopener" target="_blank">https://extraktlab.com/</a> to learn more about the CBD industry</li>
<li>You can find Jon Thompson and Extraktlab on these social media channels:
<ul>
<li>Personal LinkedIn: <a href="https://www.linkedin.com/in/jthomps1/" rel="nofollow noreferrer noopener" target="_blank">https://www.linkedin.com/in/jthomps1/</a></li>
<li>Company LinkedIn: <a href="https://www.linkedin.com/company/extraktlab/" rel="nofollow noreferrer noopener" target="_blank">https://www.linkedin.com/company/extraktlab/</a></li>
<li>Instagram: <a href="https://www.instagram.com/extrakt_lab/" rel="nofollow noreferrer noopener" target="_blank">https://www.instagram.com/extrakt_lab/</a></li>
<li>Twitter: <a href="https://twitter.com/extraktLAB" rel="nofollow noreferrer noopener" target="_blank">https://twitter.com/extraktLAB</a></li>
<li>Facebook Page: <a href="https://www.facebook.com/extraktlab/" rel="nofollow noreferrer noopener" target="_blank">https://www.facebook.com/extraktlab/</a></li>
</ul></li>
<li>Listen to more episodes here: <a href="https://passthesecretsauce.com/category/financing/" rel="nofollow noreferrer noopener" target="_blank">https://passthesecretsauce.com/category/financing/</a></li>
</ul>
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