The Cannabis Business Coach Podcast Episode 55: Chris Foltz, Responsible.com

Michael Zaytsev, aka Professor Z, returns to The Cannabis Business Coach Podcast after a two-and-a-half-year hiatus, bringing a fresh and inspiring conversation with Chris Foltz. Chris, the Managing Director of Responsible.com and Global Entrepreneur-in-Residence at Founder Institute, shares his insights, passion, and unique journey across industries, including his impactful contributions to the Cannabis space.

Topics Discussed:

  • Chris’s Multifaceted Career: From politics to startups, and his evolution from passion-driven pursuits to purposeful leadership in Cannabis.

  • Work with 40 Tons Brand: Supporting a Cannabis company rooted in restorative justice and redefining societal perceptions.

  • Cannabis Industry Insights: Challenges with scaling, regulatory hurdles, and the need for consistency akin to global brands like Coca-Cola.

  • The Importance of First Principles: Breaking down complex problems and navigating the intersection of technology, humanity, and innovation.

  • Destigmatizing Cannabis: Advocating for responsible use while addressing misconceptions.

  • Investing in Cannabis: Guidance for prospective investors, emphasizing logistics, scalability, and de-risking strategies.

  • Storytelling for Success: Leveraging personal and brand narratives to differentiate and connect authentically.

Noteworthy Quotes:

  1. "Authenticity is the new disruptive."

  2. "It's amazing what you can accomplish if you don't care who gets credit."

  3. "The cannabis industry is not about doing everything—it’s about doing something better."

About Chris Foltz:

Chris Foltz is a celebrated transformation strategist, startup advisor, and inspirational speaker. As the Managing Director of the Silicon Valley-established strategy firm Responsible Solutions Ltd, Chris leads the company’s three-decade-long Change & Transformation initiatives. His life journey is a testament to resilience; overcoming drug addiction, 119 days in jail, and near homelessness, Chris has redefined success through impactful global collaborations.

In 2021, Chris was honored as a member of the Institute for Real Growth’s ‘IRG100’, a distinguished cohort of the world’s top 100 Chief Marketing Officers and growth leaders, working alongside executives from iconic companies like Google, Unilever, and Ford.

As a Global Entrepreneur-in-Residence for Founder Institute, the world’s leading pre-seed startup accelerator, Chris has mentored startups across five continents and contributed to their global success. His influence extends to esteemed roles, including the International Advisory Board of the Ugwumba Center for Leadership Development in Africa, and as an advisor to LoyalVC.

Chris’s achievements include the President’s Volunteer Service Award and recognition as a “World Peace Ambassador” by Claes Nobel of the Nobel Prize Family. His career exemplifies authenticity, resilience, and a commitment to making a positive impact.

Recorded On:

January 13 2025

Additional Resources:

Watch the Full Episode Below:

The Cannabis Business Coach Podcast Episode 54: Erika Tingey, Backbone IQ

The Cannabis Business Coach Michael Zaytsev interviews and coaches Erika Tingey, Head of Product at Backbone IQ, a Cannabis technology company offering Cannabis supply chain management, compliance, and financial management software solutions for Cannabis manufacturers and other Cannabis operators.

In this episode, we discuss:

  • going from a mainstream corporate career to a Cannabis career

  • the importance of an "I can learn anything mentality" when working in the constantly evolving Cannabis industry

  • why relationships mean so much in the Cannabis business

  • applying design thinking to solve Cannabis problems

  • meeting and exceeding customer expectations

  • and more!

Recorded on 9/22/2021

Additional Resources:

IDEO: Design Thinking

The Cannabis Business Book

The Cannabis Business Book (en Español)

LIM College Business of Cannabis Degree Programs

The Cannabis Business Coach Podcast Episode 53: Andrew DeAngelo, Last Prisoner Project

The Cannabis Business Coach Michael Zaytsev interviews visionary Cannabis business leader Andrew DeAngelo. As a co-founder and advisor to Harborside, Andrew has pioneered legal cannabis business processes and provided groundbreaking political engagement and thought leadership to the cannabis community. Andrew is co-founder and Chairperson of the Board for the non-profit Last Prisoner Project (LPP) and a founding Board of Directors member of the California Cannabis Industry Association (CCIA) where he served from 2013 to 2020.

Andrew began his political career as an activist while studying for his MFA in acting at the American Conservatory Theatre in San Francisco. He has starred in several films and runs an entertainment production company, DeAngelo Brothers Productions (DAB), with his brother Steve, another iconic Cannabis leader.

On this episode, Andrew shares his deep wisdom and amazing laugh as we discuss:

  • Pioneering the dispensary with Harborside

  • Andrew’s tips for transitioning from legacy to legal

  • How to hire good people and why it’s absolutely critical to avoid hiring bad people (based on Andrew’s experience of making thousands of Cannabis hires)

  • The investment that Andrew made that still pays dividends for him every day (spoiler: investing in his education)

  • Our big brothers

  • The Last Prisoner Project

  • Mike Z and Andrew share their most fulfilling Cannabis business moments

  • and more

Recorded on 9/15/2021

Additional Resources:

The Cannabis Business Book

The Cannabis Manifesto by Steve DeAngelo

The Cannabis Business Book (en Español)

The Cannabis Business Coach Podcast Episode 52: Marie Montmarquet, MD Numbers Inc.

The Cannabis Business Coach Michael Zaytsev interviews Marie Montmarquet, the co-founder of MD Numbers Inc, a 100% Black owned vertically integrated Cannabis company in California.

Marie is a legacy cannabis operator who’s been passionate about the plant for over 13 years. Her cannabis business expertise and equity activism have put her in the national spotlight.

On this episode we discuss the transition from underground to compliant Cannabis, the conflicts between Cannabis culture and Capitalism, differences between the Northern and Southern California markets, the challenges of fundraising for Cannabis entrepreneurs, and how hard it is to create a profitable Cannabis business.

Recorded on 9/8/2021

Additional Resources:

The Cannabis Business Book

The Cannabis Business Book (en Español)

The Cannabis Business Coach Podcast Episode 51: Andrew Lobo, Kin Slips

andrew kinslips.jpeg

The Cannabis Business Coach Michael Zaytsev interviews and coaches Andrew Lobo, CEO of Kin Slips. Kin Slips is a California based manufacturer of Cannabis sublingual strips. Founded in 2016, Kin Slips has always been a pioneer in the Cannabis sublingual space, and in 2021 again when they launched the first THCA and CBD sublingual strip.

Sublingual slips are placed under the tongue, where they are rapidly absorbed by the body. The active ingredients are then carried directly through the mucosal membrane to the bloodstream. The Cannabinoids and terpenes bypass the digestive system and directly enters the bloodstream via capillaries under your tongue. It's a discreet, efficient and consistent way to ingest Cannabis. This is especially important for medical patients who need their products to be as clean and predictable as possible.

Prior to becoming CEO of Kin Slips, Andrew Lobo was COO and CFO of Kin Slips' biggest competitor. The two companies merged during Covid19 and are now ramping up like never before. Before getting into Cannabis, Andrew spent over a decade on Wall Street and worked in investment banking and private equity for top tier firms. Impressively, Andrew holds both a CFA and CPA.

On this episode we discuss the merger of two category leaders, the importance of playing to your strengths, the sacrifice required to transition into Cannabis entrepreneurship, and the many decisions a CEO must make every day and get right.

In the coaching portion, Mike Z helps Andrew brainstorm ways to get in front of a new demographic that Kin Slips is interested in reaching.

Recorded on 6/9/2021

Additional Resources:

The Cannabis Business Book

The Cannabis Business Book (en Español)