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Navigating the Cannabis Distillate Market

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Joaquin Rodriguez
COO at GenX Biotech
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Concentration 2019
May 31, 2019, Pala, USA
Concentration 2019
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About speakers

Joaquin Rodriguez
COO at GenX Biotech
Shea Alderete
Founder at GenX Biotech

Joaquin Rodriguezcomes from a more corporate focused background with a mixed education of Engineering and Business Economics where he started out working in a laboratory environment for Chevron where he gained valuable experience in opearting lab focused testing equitment , running operational projects, formulations of oils and creating new testing methods for oil. His drive for success kept him motivated and he started several small companies to gain direct experience of being an entrepreneur and business owner until fate led him to meet Shea in 2012 where his introduction into cannabis business, culture and the science behind it opened the door to a new career. Having already begun researching the cannabis industry since 2010 this was not by chance, and in 2017 Joaquin joined Shea’s company GenX in an overall operational role. Joaquin adds valuable operating experience, incredible business acumen, adaptive and creative problem solving, focused business strategy as well as being powerful networker.

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Shea Alderete is a passionate and strategic entrepreneur with over 15 years of experience in the cannabis industry. Previously, Shea had a professional career in baseball and recognized that there was a gap in the market for anti-inflammatory medicines for pain relief. Shea has long term experience working with some of reputable brands in the cannabis industry such as Moxie and HTH, where he set the innovative standard for cannabis extraction and paved the way for their success. He has won numerous cannabis product awards with the Cloud Vapes brand, which today is a $70M USD-a-year profitable business. In addition to this, Shea has won the Chalice Cup of California for the best CBD products as well as the Canada Karma Cup for the best vaporizer and terpenes in 2016.Shea Alderete has focused on revolutionizing cannabis for the past decade to provide clean medicine from its extraction. He brings the technical background to produce high quality cannabis product and the innovation of cutting-edge technological processes to Gen X.

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About the talk

At present, recreational cannabis markets are oversupplied with flower while consumer demand for concentrates, oils and distillates continues to outpace retailers’ ability to offer a diversified and high-quality set of extracted products. This shift away from flower and towards premium products like oils and distillates makes sense, as recent data projects that sales of oils will quickly outpace that of traditional flower sales, reaching $8.5 billion in retail sales by 2022. For their presentation, Gen X Biosciences will employ an interactive discussion that highlights key consumer data that shows swelling demand for premium cannabis products. In addition, Gen X will provide informative breakdowns of the varying extraction technologies available to cannabis business owners today, with an emphasis on how these new technologies are reshaping industry standards.

01:55 About the speakers

04:13 Distillate

08:09 Market analytics

14:48 Types of extraction methods

23:43 Devices using Distillate

26:36 Q&A

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Of the day We got 2 guests this time. They are with GenX Biosciences. Please give a warm welcome to Shea Alderete and Joaquin Rodriguez check. Hey guys, how are you? Alright is everyone awake? Did everyone survive last night? I heard it was going down outside. Alright, I appreciate you guys making the time for us today. My name is Joaquin Rodriguez. The CEO of Gen-X Biosciences a little bit about my background a pretty much do a lot of the operations of

the business of Procure a lot of the equipment set up the whole operational infrastructure of biomass to distillate as well as do a little bit ahead hunting a final bit of our Chemex camelids, and I also helped out she was pretty much whatever else he needs in the business on structuring other business deals consults and any other facilities that we have coming up. So Shea Alderete CEO of GenX Biosciences It is a canna tech firm in the Cannabis space. We specialize in extraction methodologies and purification. We've been in the market place since

2016 with what we like to call molecular Perfection the water clear distillate we've put nothing but quality products on the market. I've known to be one of the leaders in Quality quality Quality quality just to let a little more my back on and Who We Are by stem from an engineering background which leads into my operation be able to handle equipment identify equipment do maintenance on equipment and that kind of lead into my just adaptability in this market was always adapting new technology in applying it to this industry some of the more personal reasons why I'm hot in this

industry has to do it. I'll personal loss back in 2010 that really sparked my mind my body my whole effort of making this my career.

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Joaquin Rodriguez
Shea Alderete