How to Extract Money by Extracting Cannabis with Scotty Rais #106

How to Extract Money by Extracting Cannabis with Scotty Rais #106

There’s a real buzz in cannabis and I saw it at the Michigan Cannatech Expo. I met Scotty Rais, Operations Director at CannaBee Extracts and his booth had a pop-up tent and a huge crowd throughout the two days. In today’s episode, Scotty shares his journey in bootstrapping Cannabee Extracts. His end goal was to produce the finest high-quality cannabis extracts, concentrates, oils, and edibles available in Michigan. Their facility uses state-of-the-art technology and decades of combined experience for extracting cannabis and producing clean and precise concentrates with no impurities or remaining solvents.

Extracting Cannabis for Products

Scotty and I talked about a number of topics including:

  • How he got into the extract business.
  • What exactly is extraction.
  • Everywhere you go you see CBD for sales. CBD extract is a commodity, how he stands out.
  • How he bootstrapped CannaBee Extracts. How did they fund this venture? What advice he has for others
  • How raising capital is a difficult task in 2023.
  • How he came to branding around bees with lots of honeycombs. How he came to this concept and is it working?
  • Business aspects of extracting cannabis.

How to Connect with Scotty Rais

To learn more check out the following

Website https://cannabeeextracts.com/

https://www.linkedin.com/in/scotty-rais-66a6ba23/ on LinkedIn

Michigan Cannatech Expo

The Michigan Cannatech Expo was held May 3rd and 4th at the Soaring Eagle Resort. It is the largest Cannabis Business Expo and Conference in the Midwest. As the midwest continues to evolve in the Cannabis business, hemp, laws, and regulations, it was an opportunity for industry professionals to gain information on this challenging and expanding market. The tradeshow contained over 40,000 Square feet of the top Cannabis Industry Suppliers exhibiting the latest in Cannabis production technology. Attendees were able to see the latest cultivating and processing technologies for cannabis and hemp. The conference also hosted seminars led by industry experts covering licensing, production, banking, hiring, and more. This yearly cannabis community is an event worth attending.

Cannabis Advocate Podcast

The Cannabis Advocate podcast advocates for businesses in the cannabis industry and explores the unique challenges they face. Despite hurdles in legislation, regulation, and culture, there are tremendous opportunities for growers, manufacturers, and retail sellers of cannabis products. Many of these issues are unique to the cannabis industry. This podcast speaks to these common concerns and shares stories of success.

This is a production of Habanero Media.  https://habaneromedia.net

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