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#083 - From Bongs to Beverages: Leading in Cannabis Through 20 Years of Change w/ Dave Daily, Founder of Grav

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Manage episode 476384762 series 3509840
Content provided by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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Dave Daly, founder of Grav Labs, shares his 20-year journey from creating the original Gravitron in his parents' garage to building an iconic cannabis accessories brand that's now expanding into THC beverages.
• Building a differentiated product with the original all-glass gravity bong in 2004
• Growing through innovation when a simple taster product helped save the company from debt
• Navigating the evolution from a single-product company to a full accessories line
• Making the transition from founder-CEO to bringing on a 50-50 partner
• Creating legal agreements that discourage litigation through requiring neutral arbitration
• Expanding into new categories with a glass-bottled THC beverage that "tastes and feels like you smoked weed"
• Developing distribution strategies through existing smoke shop channels while exploring liquor store opportunities
• Bringing valuable product expertise to the board of a public cannabis company
• Dealing with supply chain challenges from the recent US-China tariff increases
Visit grav.com to try the new Grav cannabis spirit beverage, a full spectrum product that captures the authentic cannabis experience.
--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.


  continue reading

Chapters

1. Welcome to High Spirits with Dave Daily (00:00:00)

2. So Curious Conference Highlights (00:01:58)

3. News Updates: Tariffs and Metrc Lawsuit (00:08:26)

4. Dave Daily's Founder Story (00:10:52)

5. Expansion Beyond Gravity Bongs (00:19:33)

6. Transitioning from CEO to Innovation Leader (00:27:56)

7. Brand Evolution and Beverage Launch (00:35:26)

8. Partnership Strategies and Final Thoughts (00:49:18)

87 episodes

Artwork
iconShare
 
Manage episode 476384762 series 3509840
Content provided by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

Dave Daly, founder of Grav Labs, shares his 20-year journey from creating the original Gravitron in his parents' garage to building an iconic cannabis accessories brand that's now expanding into THC beverages.
• Building a differentiated product with the original all-glass gravity bong in 2004
• Growing through innovation when a simple taster product helped save the company from debt
• Navigating the evolution from a single-product company to a full accessories line
• Making the transition from founder-CEO to bringing on a 50-50 partner
• Creating legal agreements that discourage litigation through requiring neutral arbitration
• Expanding into new categories with a glass-bottled THC beverage that "tastes and feels like you smoked weed"
• Developing distribution strategies through existing smoke shop channels while exploring liquor store opportunities
• Bringing valuable product expertise to the board of a public cannabis company
• Dealing with supply chain challenges from the recent US-China tariff increases
Visit grav.com to try the new Grav cannabis spirit beverage, a full spectrum product that captures the authentic cannabis experience.
--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspirits.media and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.


  continue reading

Chapters

1. Welcome to High Spirits with Dave Daily (00:00:00)

2. So Curious Conference Highlights (00:01:58)

3. News Updates: Tariffs and Metrc Lawsuit (00:08:26)

4. Dave Daily's Founder Story (00:10:52)

5. Expansion Beyond Gravity Bongs (00:19:33)

6. Transitioning from CEO to Innovation Leader (00:27:56)

7. Brand Evolution and Beverage Launch (00:35:26)

8. Partnership Strategies and Final Thoughts (00:49:18)

87 episodes

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