David Hua is CEO and cofounder of Meadow. Meadow makes retail and delivery software for dispensaries. They were part of the Winter 2015 batch. You can check them out at GetMeadow.com. David’s on Twitter @Hua.Vincent Ning is CEO and cofounder of Nabis. Nabis is a cannabis services group. They offer distribution, logistics, sales, and marketing. You can check them out at GetNabis.com. Vincent's on Twitter @vcning.The YC podcast is hosted by Craig Cannon.***Topics00:38 - What David brought with him5:48 - Microdosing6:48 - What are people buying?10:38 - Customer demographics12:00 - CBD14:58 - Changing vocabulary around cannabis17:13 - What is Meadow?17:38 - What is Nabis?17:53 - Why did they choose to not do cannabis product manufacturing?22:38 - Fundraising as a cannabis company26:08 - Why is there not one dominant cannabis company?29:53 - Legalization across Canada31:38 - Banking as a cannabis company36:13 - Taxes37:38 - Price sensitivity40:14 - Brand loyalty43:23 - What will the market look like in 5-10 years?50:08 - Cannabis media52:23 - Psychedelics56:38 - Exonerations and social equity programs

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“What did the council decide on item 42?” — answered with the speaker and the moment.