Michael Patterson of MGMC Pharma Group and Cannabis Pharmaceutical Research and Development shares a vast amount of knowledge about the industry, where it's headed both domestically and internationally, how this industry differs from others, how to get started, and the importance of using LinkedIn as a business growth tool. The hemp/cannabis industry is in it's infancy therefore has a massive amount of space for growth, innovation and development. Now is the time for those to get in on the ground floor. Michael discusses the different aspects of the industry, he understands licensing laws of all of the states and multiple different countries, he knows the cost to get into different parts of the industry and how to poise yourself for growth.
Michael has spent many years researching the cannabis and hemp market. He is in the process of developing one of the largest research and development centers in Florida that partners with universities to develop educational programs for students and focuses on all aspects of the industry, how to grow the industry and produce the science and data that is lacking in the industry. One big challenge in the industry is that there is not any communication between differing sectors both domestically and abroad. So there is a lack of data to help entrepreneurs or scientists develop data driven programs. Michael's new facility will help bridge this gap.
Michael discusses that the US is the entrepreneurship capital of the world and that many countries follow the growth of US industries. With the cannabis and hemp industries being in their infancy in the US, the growth of the industry abroad has not happened in a way to provide the much needed data to help push the industry forward.
In addition to industry trends for this space, Michael discusses the impact banking has had, 3D printed homes, the length of time it takes an industry to truly get started and what he's seeing with the new entrepreneurs in the space.
Lastly, Michael has started a new podcast called the Cannabis Report. Michael and his brother discuss the current events in the industry, interview leaders in the industry, and highlight individuals and organizations that are stars in the space. This podcast is extremely educational and is a must listen. There are great nuggets of information in each of his episodes that could provide education to anyone that tunes in.
LinkedIn: https://www.linkedin.com/in/michael-patterson-nha-otr-l-ceas-88485051/
Website:
http://www.uscprd.com
The Cannabis Report YouTube: https://youtube.com/channel/UCowCy4qn3gmPX8EQj7_VlRg