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Connecting the Hemp Supply Chain

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With industrial hemp now legal to grow and process in 46 states, our next guest says the domestic marketplace confronts one vexing challenge: a broken (or often non-existent) supply chain connecting the hemp fields to the end-users.  So his company decided to do something about it.

Mike Switzer interviews Arte Perry, managing member of Hempgrid in Charleston, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.