If proponents of medical marijuana want the plant as medicine to prosper, they have to borrow a page from established health care services.
Tag Archives: Business Model
Ownership in the Medicine Man Denver stores—there are two now, one near the airport in Denver and one in Aurora—is not actually what is being pitched to investors in the S-1 from Medicine Man Technologies. The business of Medicine Man Technologies is actually consulting, but its model and outlook are inexorably tied to the highly successful cultivator and retailer you may have seen on MSNBC’s “Pot Barons” TV series.
Entrepreneurs must research direct marketing companies and business models carefully. There is a clear difference between a company that is dedicated to educating consumers and a similar model that operates more closely to a pyramid scheme.
Founded by AJ Gentile, CEO, and Gene Gentile, his brother, Speed Weed delivers quality medical marijuana to the patients in the Los Angeles area at little to no extra cost for the consumer.
Thus far the legal marijuana industry doesn’t have the look of a 21st century business. Aside from the product itself, the business model of most dispensaries fits that of a retail store in the fictional town of Mayberry.
Marijuana legalization will always be a cause to some people, while for others it will never amount to more than a financial opportunity. But what about the middle ground?
Apeks Supercritical builds fully automated subcritical and supercritical botanical oil extraction systems that use liquid CO2 as a solvent. CO2 is a clean, inert, nontoxic solvent, and it is nonflammable. Systems are built to extract any botanical material, but 90 percent of Apeks’ business comes from the cannabis industry.
One of the more ingenious ways of making money in the cannabis industry has come from the Cannabis Career Institute. The CCI offers workshops for budding herbal entrepreneurs covering a variety of topics necessary for those wishing to enter the cannabis trade.