CWCB Expo May 29 – June 1, 2019
This past weekend we traveled to the greatest city in the world, New York, to attend the Cannabis World Business Exposition. The three-day Trade Show and Seminar was held at the Jacob K. Javits Convention Center, in the lower hall. The Javits Center is on the West Side, in Hell’s Kitchen, directly adjacent to the new Hudson Yards development. The space is a gorgeous light filled space, capable of serving 2 large conventions at once, and it housed the 2nd CWCB Expo in NYC well.
Just under 200 exhibitors were displaying packaging, vape carts, nutrients and LED’s. The ancillary businesses and professional services like accounting, and secure transport were also well represented. Overall it was a great mix of products and services. There were not as many cultivation and grow process products on display as other shows we’ve been too, and not as many large scale air movement installers.
The most noticeable difference we saw in NYC was the large number of CBD only businesses, and hemp oriented businesses. This sector has been growing explosively this year, and this show demonstrated just how much the hemp and CBD only market will continue to dominate the conversation for some time to come. Very well established packaging and distribution companies were present with a huge offering of CBD infused foods, beverages, and Nutraceuticals.
Canopy Growth Corporation dominated the show floor with their Hemp centered presence. The entire 20’ x 60’ display was constructed entirely from hemp. They displayed building materials, plastics, textiles, and packaging that is ready to deploy into every kind of industry and enterprise. They also had a media area set up to broadcast from, and we heard
The mood on the floor was friendly and welcoming. Everyone had a smile, and was ready to introduce themselves and what they had to offer. Some of the shows in the west coast markets like Washington and Colorado can be a bit more informal. Most of the players at the events in mature markets are well established in their relationships and vendors, and are meeting up people they already know. Anyone who has been to a few cannabis trade shows will tell you they are always lively, but in the new markets everyone is leaning forward a little more. New players are there to impress, be seen, and make connections that will propel them into the market. In new markets like NY, the field is open, and very important to remember: You don’t know who you’re talking to! That guy next to you could be a venture capitalist looking for investment prospects, or the breeder that has the next great Wedding Cake cross seeds in his pocket.
We attended a few of the seminars, but were most interested in the “Making Seed-to-Sale Work For You” session. It was moderated by Jacobi Holland of Jade Insights, who always does a nice job of keeping the discussion moving and clarifying questions from the audience.
On the panel was Pranav Sood, CEO of Trellis Solutions Inc. Trellis is a METRC approved third party integrator. A standout feature of Trellis is its unique multi-tier ID system. This feature adds a step in workflow that ensures traceability and accountability within the facility. Tracking the touches of a batch though production can make a big difference in the QA process. These operations are primarily accomplished through the barcoding system cultivators deploy in the workflow. https://www.trellisgrows.com/
Chris Dell’Olio spoke on behalf of Webjoint, a delivery specific software that connects customers to cannabis brands and dispensaries. This is a great example of a cannabis traceability service evolving out of a specific market. Delivery services have long been a part of the industry in California, and the specifics of the workflow, with new tools like Geo-Fencing and remote inventory management are cool to see. https://www.webjoint.com/
Aly Piscatelli spoke as well, and we’ve seen her speak at other event across the country. BOSS Consulting strives to help cannabis businesses maintain inventory compliance and efficiency while educating and training the teams responsible for these operations. She stated, “Years of industry experience and a vast network of resources helps BOSS best serve our customers inventory management needs.” https://www.buddingoperations.com/
We weren’t sure about this show, but in the end we wished we had been exhibiting! We’ll certainly be on display at the coming events from this group.