Family Office Podcast: Real Estate Investments, Co-investing, Capital Raising, And Private Equity Business Strategies

Send us a textIn a fireside chat with Richard C. Wilson at the Family Office Club event, Michael Scott provides insight into his experiences and strategies within the cannabis industry and broader business landscape. He explains how his focus on emotional intelligence has guided his investments and partnerships, asserting its importance for trust and success. Despite the evolving regulatory landscape, including the federal scheduling changes, Michael notes that while some banks waver on their cannabis policies, he has managed to maintain his banking relationships without issue, emphasizing the need for compliance.Reflecting on his post-exit struggles, he describes a challenging identity crisis and the complexities that arise after achieving significant financial success. He notes that many founders face similar difficulties, including dealing with unexpected changes in personal and professional dynamics.Looking ahead, Michael anticipates major shifts in the retail cannabis market, particularly with the rise o