Whenever I ask people on Facebook or in person what area of the marijuana industry they are trying to crack into, the answer almost always involves growing or selling marijuana. I always point out to them that there are many other ancillary ways to get into the industry, and that maybe they should consider going that route since there are so many people trying to grow and sell marijuana.
Don’t get me wrong, if people have their heart set on growing marijuana or opening a retail outlet, by all means those are rewarding pursuits. I grew marijuana for a long time, and it was something that I could see people making into a lifelong career. Selling marijuana is also very fun, and can be very profitable if done right.
However, both options carry risks, especially risks that involve federal raids, asset forfeiture, etc. Compare that to ancillary areas of the marijuana industry which are completely legal at the state and federal level. Also, if you pursue the right idea, there is likely much less competition out there. Full Story…