The unfortunate thing about this space and the unfolding legalization + decriminalization: After a deep dive on it, I ascertained that it was a gated, closed-system -- in other words, only those with the right political connections were the ones who would make the big $$$. So as things evolved, I viewed cannabis as a political opportunity, not an entrepreneurial one.
I agree with that. The only ones really making money are the government with taxes and massive corporations who can buy or produce in bulk, strong arm stores and can wait out federal legalization. Once the product can cross state lines corporations are gonna dominate and all these mom and pas will get final blow. Illinois is good example of limited licenses and corporations with connections getting the ticket for a seat and massive profits with lack of supply.
My demise was more issues with smaller local players as Oklahoma has huge amounts of ma and pas who got in with $2500 licenses that had no restrictions with the amount granted at first but they put a cap after things got out of control with organized crime using as fronts. But I wouldnt be surprised the scammer couple I mentioned has protection from politicians as they are way too shady and known for their SOP to be going strong for so long in the open.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
