Caliva's Dennis O'Malley: "We're simple farmers - of cannabis"

The Times Tech Podcast

Will Morley

Business, Unknown, Technology

4.9 • 654 Ratings

🗓️ 17 January 2020

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Sunday Times’ tech correspondent Danny Fortson brings on Dennis O’Malley, head of cannabis startup Caliva, to go from the buttoned-up corporate world to the weed industry (2:45), the ‘green rush’ (5:10), running a federally illegal business (7:50), the friction involved with buying weed products (13:00), their target market (14:40), raising $75m (16:30), charting a path toward legitimacy (20:00), partnering with Jay Z (22:30), trying to replace alcohol and pharma (29:10), not being able to advertise (34:15), the vaping crisis (38:35), whether it will ever go mainstream (40:30), the coming green crash (46:15), whether he needs black market expertise (48:15), his worst day of work (50:40), and whether filter bubbles help (55:20).

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Transcript

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0:00.0	Yo, technology.
0:03.0	What is it all about?
0:04.6	The reality is it's that, you know, senior citizen who wants to get off opioids and can't wait to go in there.
0:11.1	The regulations make it as uncomfortable for her to be able to drive down, park an industrial area.
0:17.0	And walk past a bouncer.
0:18.4	Yeah, and walk past a bouncer, exactly.
0:20.7	And into a dark room and to be able to ask and say, hey, I have arthritis.
0:24.5	Hey, sonny, what's this Z cube?
0:31.2	Hello and welcome to Danny in the Valley, your weekly dispatch from behind the scenes and inside the minds of the top people in tech.
0:40.1	I am your host, Danny Fawson.
0:42.3	If you are new to this show, welcome.
0:44.9	It's the only place where you can hear it straight from Bill Gates, Sir Richard Branson,
0:49.7	and lots of other fascinating and inspiring characters from all over the startup landscape.
0:56.2	And this week is no exception.
0:59.4	On the program, we are talking about weed with Dennis O'Malley, who is the head of Caliva,
1:06.8	which is one of the better-funded private weed companies around.
1:10.5	And we met at our office last week in downtown San Francisco.
1:21.9	Hello.
1:23.4	Good. How are you?
1:24.9	Good. Good to see it.
1:26.6	Yeah, you as well.
1:27.9	So what is interesting about Caliva, like all cannabis businesses,
	...

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