Women of Influence: Angela Pih Is Walking the Walk

September 19, 2023 · Cannabis Now

One of Angela Pih’s favorite aspects of the cannabis industry is its velocity. What she’s referring to is the “incredibly exciting” speed of bringing new products to market within months. With extensive experience across retail, consumer packaged goods and cannabis, Pih is head of marketing for StateHouse Holdings, a vertically integrated California-based cannabis enterprise. From the moment she engages you in conversation, it’s quite evident the woman knows what she’s talking about.

One industry trajectory Pih isn’t a fan of is the dramatic decrease in the number of women in the C-Suite holding leadership positions. Over the last year, she says, many women have either been pushed out or simply burned out. 

“Everybody’s struggling right now,” Pih says, naming the challenges of over-taxation and overregulation as particularly responsible for the woeful decline in women executives. “As companies become leaner, many women are trying to weather the storm.” 

With fewer women in leadership roles, Pih is eager to support other women and nurture the next generation of female executives and leaders in cannabis.  “What are we doing to cultivate that level of expertise so that they can sustain the challenges and growth within this industry?” Pih asks. “We all talk about it, but are we doing anything about it? Actions speak louder than words.”

Pih says she feels lucky when it comes to her own experience as a leader, as she’s been widely respected and supported. However, she acknowledges that if women aren’t in the founder role or in the CEO’s office, it can be “very challenging for women to keep within the decision-making roles of a company.”

For other women wanting to move into cannabis, Pih says it’s important to be confident and to know your worth.

“People get very excited about joining a cannabis company because it’s exciting and they allow themselves to accept roles that are maybe below what their expertise is—and maybe below the kind of compensation they should have,” Pih says. “Historically, women aren’t as good at negotiating as men, especially when it comes to their salary compensation. I always say to women to know what they’re worth. You’re going to bring something to the table and it’s important to stand up for that.”

Legacy growers and small farmers play an important role at StateHouse Holdings. Pih spearheaded an initiative that ensures shelf space for small craft sungrown farmers in StateHouse-owned dispensaries, including history-making Urbn Leaf West Hollywood—the first adult-use dispensary to open in Los Angeles’ fabled Sunset Strip.

“There are fewer and fewer legacy farmers and craft growers because they’ve been unable to operate,” says Pih, who reveals she wants to “support these farmers, preserve their expertise and preserve strain diversity during these very early stages of our industry’s development.”

Pih is also determined to band together for a unified cannabis industry. She says she sees it as a requirement for more favorable taxation laws. “We’re not able to do anything about it as individual companies; we have to come together as an industry, regain trust for one another and find ways to be effective as a collective.” 

As the proverb says, unity is strength. Exactly. (Full Story)

In categories:Business Interview
Tags:
Next Post

Square Enters Cannabis Space in Canada

E-commerce technology company Squarespace Inc. (NYSE: SQSP) announced a partnership with dispensary tech company Jane Technologies to offer its products to cannabis businesses in Canada. “At Square, we’re always looking to solve sellers’ pain points and we know cannabis dispensaries have limited options when…
Read
Previous Post

Canadian cannabis producer Canopy Growth raising $25 million

Canadian cannabis producer Canopy Growth Corp. entered into subscription agreements with institutional investors in a private placement offering for gross proceeds of approximately $25 million (33.8 million Canadian dollars). The offering of roughly 22.9 million units occurred at a price per unit…
Read
Random Post

GOP Presidential Candidate Ramaswamy Talks Marijuana Legalization In Chat With Joint-Smoking Bill Maher

Republican presidential candidate Vivek Ramaswamy reiterated his support for federal marijuana legalization in an interview that aired on Sunday, saying the current state–federal conflict on cannabis is “a farce” that allows governments to unfairly target people. Appearing on the podcast…
Read
Random Post

A Woman’s Place Is in the Executive Suite

During the great cannabis land grab between 2018 and 2020, one newly public multistate operator (MSO) was decidedly more reserved in bidding for licenses in recently legalized locations. Planted firmly in Florida and laser-focused on dominating the limited-license, medical-only state,…
Read
Random Post

Fourth cannabis store opens in Indigenous community in Alberta

High Tide has opened the doors for its Canna Cabana cannabis store on the Tsuut’ina Nation in the province of Alberta. It’s only the fourth province-approved adult-use cannabis store on or adjacent to a reserve in the province, according to…
Read
Random Post

Jim Belushi on Season 3 of 'Growing Belushi,' Partnering with Mohawk Nation and Cannabis in Albania

Actor, comedian and cannabis entrepreneur Jim Belushi is full of surprises. On October 27, he traveled to Akwesasne in upstate New York to announce a Belushi's Farm partnership with St. Regis Mohawk Tribe member Zachery Oakes. The ribbon-cutting ceremony for the dispensary was filmed…
Read