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how to make money growing marijuana

For the next ten years, I maintained a pretty mainstream lifestyle (by San Francisco standards) as well as a stable career in Operations-Management for a local non-profit, all while smoking massive amounts of ganja at every opportunity.

The business isn’t just for gangsters and degenerates anymore.

Knowledge is flowing more freely than ever and the young mavericks of our craft are increasingly free to explore the rich depths of the industry. What’s truly remarkable are the possibilities we haven’t even imagined yet.

We love what we do.

Over the course of the next few years, I worked with a variety of outdoor growers in the famous “Emerald Triangle” of pot-growing counties in Northern California. I acquired some good knowledge and made some extra cash, but struggled to find a role beyond seasonal work.

The industry is made up of a number of different companies, including:

With so much growing interest in the growing marijuana cottage industry, it isn’t surprising that so many venture capitalists have turned their attention and funding to a rapidly evolving cannabis tech industry. The following are just a few cannabis startups that have raised more than $10 million:

The Marijuana Sector: An Overview

After the 2011 acquisition by Privateer, Leafly expanded with the aim of becoming a place for all types of marijuana users to find out more about everything related to marijuana, including which types of products are right for them and finding the dispensaries that sell what they need.

Promising Companies

The bulk of investment money going to marijuana firms is actually making its way north of the border to Canada, where the federal government has legalized medical marijuana use. But U.S. investments are on the rise. According to the National Institute on Drug Abuse, more than 35% of high school seniors reported having used marijuana in 2020, showing that the market will only continue increasing.