Business
With adult-use cannabis products legal in 11 US states and several countries, the industry is poised for massive growth over the next several years. Tech startup Apex Trading is aiding in that growth by providing a wholesale business management and sales platform for businesses in the US cannabis industry. In the latest edition of the Silicon Valley Momentum Podcast, Roland Siebelink speaks with Apex Trading co-founders John Manlove and Rob Fess. They discuss the goals and challenges of a young company that was founded in early 2018: How far the cannabis industry has come, as well as the challenges it still faces. What John’s experience with another startup taught him about the dangers of a CEO burning out. The importance of co-founders understanding one another and understanding the dynamic between one another. How keeping a “plant-first” mentality has allowed Trade Apex to connect with the cannabis community and earn the trust of clients. Finding product-market fit when your product is needed but not required.