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Why Cannabis Investing is a Disaster (with WaxNax)

In this engaging episode of “Angels Exits and Acquisitions,” viewers are treated to an enlightening conversation with John Basar, the co-founder of WaxNax. This episode delves into how a finance student from Tulane University transformed a simple college idea into WaxNax, a pioneering startup reshaping the cannabis concentrate experience. John Basar offers a transparent look into the hurdles and victories of breaking into the cannabis industry, emphasizing user experience and the drive towards a safer, more refined method of concentrate consumption:

Timestamps:

00:00 – Meet John Basar and the WaxNax Concept

05:00 – Origins of WaxNax at Tulane University

10:00 – From Concept to Cannabis Industry Disruptor

15:00 – Facing the Cannabis Industry’s Complex Landscape

20:00 – The Crucial Role of Profitability in Startup Success

25:00 – WaxNax’s Vision for Future Growth and Market Expansion

This episode provides a rich narrative for anyone interested in entrepreneurship, innovation, or the dynamic changes within the cannabis sector. It’s a must-watch for aspiring entrepreneurs, cannabis enthusiasts, or anyone keen on the crossroads of business innovation and regulatory landscapes.

Remember to subscribe to the channel for more insightful discussions and groundbreaking ideas from industry leaders and innovators.

Explore more about WaxNax and their journey by visiting the WaxNax Website.

Stay connected and follow the latest from WaxNax on social media:

LinkedIn: https://linkedin.com/in/johnbasartu

#WaxNax #CannabisInnovation #Entrepreneurship #StartupStory #CannabisConcentrates #BusinessInnovation #GrowthStrategy #StartupLife #CannabisCulture #Legalization #IndustryTrends

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John Reighard, Partner & EVP

John Reighard is a Partner at Angel Investors Network, where he leverages his expertise in business development, networking, and investor relations to help entrepreneurs secure funding and scale their businesses. With a passion for connecting people and ideas, John plays a pivotal role in fostering strategic partnerships and guiding business owners toward sustainable success. In addition to his work with Angel Investors Network, he also owns and operates two other small businesses.

 

A Connector and Networking Extraordinaire, Business Coach/Consultant, and Inspirational Speaker, John is deeply committed to helping individuals and businesses achieve meaningful results. His mission is to empower entrepreneurs and leaders to create lasting impact through strategic growth, financial acumen, and powerful relationship-building.

 

John has trained with, been mentored by, and provided consulting services to some of the world’s top thought leaders in personal development and business transformation, including Jack Canfield (America’s #1 Success Coach and Founder of Chicken Soup for the Soul), Stephen Covey, T. Harv Eker, Bob Proctor, Blair Singer, Robert Kiyosaki, Neil Rackham, Marcia Wieder, and Roger (Bud) Seith. These experiences have shaped his ability to guide clients through personal and professional growth, helping them unlock their full potential.

 

Before joining Angel Investors Network, John took a sabbatical in 2002, living with his family in Norway, Portugal, and France—an enriching experience that followed 15 award-winning years in Silicon Valley. During his time in the tech industry, he worked for leading companies such as Lucent Technologies, Exodus Communications, Octel Communications, and Brady Corporation.

Meet Jeff Barnes

Jeff Barnes is a former US Navy Nuclear power plant operator on a Submarine, Navy diver, risk management director, technology enthusiast, business growth expert, advisor and management consultant. Mr. Barnes sits on the boards of startup companies, runs a venture fund, supports non-profits supporting military vets, and spends most of his time helping CEOs and founders of growing companies automate, systemize, and scale to 8 and 9-figure valuations.

 

With over 20 years of technology, systems, operations, and marketing experience, Mr. Barnes has advised over 1,000 companies, invested tens of millions in advertising campaigns, and helped companies generate over $1 billion in investment capital.

 

As the chairman of Angel Investors Network and founder of Digital Evolution Marketing Group, Mr. Barnes has worked with founders, entrepreneurs, and CEOs around the world to accelerate the growth of their businesses and achieve substantial exits. He’s a father, husband, veteran, business owner, advisor, and mentor, and his true passion in life his helping others achieve success, freedom, and autonomy in theirs.