What Should You Know?
I’m a former medical marijuana dispensary owner. I sold the dispensary to fund my early retirement. Now I do consulting as part of my retirement work.
When it comes to investing in the marijuana industry there is more than one way to skin a cat.
What do I mean by that? Well, for starters when operating any type of marijuana business you will have to consider that you will not be able to do business with a bank.
Broadly speaking there are three main investment opportunities that are available to you. In no particular order outline below.
First off, you can run (or invest in) a medical marijuana dispensary. In fact, I ran a medical marijuana dispensary for years before finally selling it and starting my early-retirement.
Another way to invest in the industry is to become a grower. This is probably the most common way to invest in the industry. If you’ve read any of your articles on the site you’ll understand just how much of an opportunity there is in Colorado.
Finally, you can invest in the industry by way of real estate.
One issue that we are experiencing here in Colorado is a lack of warehouse space. So there are opportunities to either buy real estate and lease it to a dispensary or to a grower, whether they will be growing their product indoors or outdoors. Of the three methods listed here this investment opportunity is probably the most “mainstream” method for realizing a steady return on your investment.
Interested in medical marijuana investment opportunities?
If so, you can download a free copy of my e-book by clicking the link below. In it I detail…
A medical marijuana business plan
I have been a resident of Colorado for twenty-six years.
My book, titled “Colorado Marijuana Real Estate,” is a how to guide for entrepreneurs and the blue-collar guy. This book explains the Colorado evolution of legal marijuana from 2001 to 2014.
What’s more, this book provides you with a blueprint for starting a medical marijuana business plan.