Image for post
Image for post

As it stands, cannabis is still considered a class one drug by federal law. This makes receiving a bank loan very difficult for new businesses in this industry. Banks are notably risk-averse, and they are still hesitant about supporting businesses that sell cannabis products.

This line of judgment extends even to cannabis derivative businesses that have proven themselves to be profitable. Cannabis products presently make up a $12 billion industry, including sales of hemp and CBD oil. Despite this industry’s revolutionary growth in recent years, they have few banking options, making the industry harder to navigate.

However, the SAFE Banking Act could change all of this and make it easier for banks to support cannabis brands. Here’s what you need to know about this important policy. …


How to structure change: Balanced Scorecard and Strategy Map — A consulting example

jasdeep singh, jasdeep singh ct, jasdeep singh uconn
jasdeep singh, jasdeep singh ct, jasdeep singh uconn
Change can be tricky, or downright dangerous without a plan. Photo: Jason Wong on Unsplash

TAKE AWAY: Any change in the way a company does business requires a strategic process to support all stakeholders while also staying aligned with the mission and vision of the company. For instance, in this example, the shift to utilize technology more effectively is an important move for ABC Consulting because it can maintain their trusting relationships while also saving money.


Fighting to stay above water takes its toll.

Man on stairs, poverty, Jasdeep Singh
Man on stairs, poverty, Jasdeep Singh
Poverty cuts across cultures, races, and geography…and can happen quickly for many American families. Photo: Ben Hershey on Unsplash

The ramifications for individuals, families, and our communities of the findings in following article seem both evident and troubling, especially as COVID-19 pandemic continues to reverberate through our economy. The concepts about poverty’s affect on people is even more profound when considering a state like Connecticut, that ranks as one of the richest overall, has at least one city consistently ranking among the 10 poorest in the nation:

“Poverty Impedes Cognitive Function” (Mani, A., et al.. 2013, Science, (341)6149, pp. 976–980)

“The poor, in this view, are less capable not because of inherent traits, but because the very context of poverty imposes a load and impedes capacity. The findings, in other words, are not about poor people, but about any people who find themselves poor.” …


Diversity and inclusion for a better business.

People touching fists; Jasdeep Singh
People touching fists; Jasdeep Singh
Teams thrive with balance and structure.

Video version of this article:

Your business is only as good as the team running it.

Do you own your own business? Have you ever wondered about the importance of balance for your business team?

Business teams often talk about work-life balance. This involves equalizing work and family roles, so people don’t feel stressed out or resentful of their jobs.

But how about balance within your team itself? This involves equalizing all voices on the team by ensuring you have enough diversity within your team to really see the whole picture. What does a balance of personalities, backgrounds, and leadership styles bring to the table? …


Live Bravely

Jasdeep Singh CT UConn Brave
Jasdeep Singh CT UConn Brave
It takes bravery to leap into life, not strength.

Anytime something tough happens in life, some of the first words you might hear are, “You need to be strong.” I must have heard it a hundred times in the past few months after my mothers’ death and some family complications.

First off, let’s get the definitions clear (from dictionary.com):

Strong: Having, showing, or able to exert great bodily or muscular power; physically vigorous or robust: a strong boy

Brave: Possessing or exhibiting courage or courageous endurance.

(Note: why a male example is provided for the world “strong” is probably a topic for another article)

With the pandemic around us, change, fear, and even death are around us and we are asked to be strong. …


Does technology democratize or infiltrate…or both?

computer matrix, Jasdeep Singh CT UConn
computer matrix, Jasdeep Singh CT UConn
The matrix can help as well as harm. Photo by Markus Spiske on Unsplash

Technology has changed the way we work and learn in countless ways, but no more so than in the democratization and infiltration of information. The way we acquire, aggregate, move, and disseminate data would have been unimaginable to most everyone only 20 years ago. At that time, information was housed in special areas that were only available at certain times, by certain people, and in certain places. If you couldn’t access the library, the internal database, talk to the correct people, or have the right book at home, getting the information you needed was difficult. Being knowledgeable has gone from being able to recite facts and stories to understanding how to effectively wade through a barrage of information and put things together in creative ways. Like most things, these changes have two sides: democratization (i.e. freedom of access) and infiltration (i.e. …


It’s 9pm…do you know where your parent is?

candles, Jasdeep Singh CT UConn
candles, Jasdeep Singh CT UConn
Loss of a parent leaves a mark of light and darkness. Photo by Mike Labrum on Unsplash

Losing a parent, especially your last one, can feel like you’ve lost a part of yourself. The role of son or daughter that you’ve played your whole life no longer exists, but the remnants of the relationships live even the smallest points of your life.

I used to talk to my mother every day, after putting my young son to bed, between 8:30–9:30pm. Usually the conversations were short, mainly covering her various ailments, updates on family, and making sure I was eating well. My father passed away when I was 12, so as the only child of a single mother in an Indian household, it was my responsibility to care for her and the household. …


Hand in water — Jasdeep Singh Ct West Hartford UConn
Hand in water — Jasdeep Singh Ct West Hartford UConn
When you feel like you’re drowning…or want to drown…who can you reach out to?

Shouldn’t I have figured out my faith and belief system by now? I know that I was always jealous of those around me who appeared to live a life of faith in a higher power. That faith seemed to provide them purpose, direction, inner peace, and strength in surviving this chaotic and divisive society. Such a belief system also, from my outsider’s perspective, provided them with a way to feel fulfilled in a world that strives to make us always work harder and want more; sort of a “Keeping up with the Joneses” in the digital age.

Raised as mainly Hindu, with some Sikh influences, I really didn’t understand religion. It seemed like everything took too long (an hour-long puja would have felt like a vacation), was very prescriptive (you need to bring the right items at the right time), and extremely hard to comprehend (speak words you don’t understand in a language that only priests fully understand). While the famous professor Joseph Campbell may say that religions need to maintain some level of mystique and challenge for the follower in order to increase buy-in and strength of connection, these religions seemed too removed from my world to provide me the pathways I yearned for. …

About

Jasdeep Singh

Life, like true repentance, is a choice to turn-around: mistake, guilt, apology, responsibility, growth…and writing. Jasdeep Singh CT UConn MBA Candidate

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store