Cannabis Industry Ancillary Services

Instead of touching the plant directly, build ancillary businesses around the cannabis industry such as financial news newsletters focused on cannabis equities, or investor relations (IR) packages sold to public cannabis companies. The speaker sold $100,000-$200,000 IR and ad packages to cannabis companies through cold email outreach and conference networking, doing $2 million per year in ad packages.

Startup Budget

$5K – $25K

Difficulty

Intermediate

Business Type

Hybrid

Location

Online Only

Time Commitment

Full-time

Revenue Potential

$50000+/month

Skills Needed

financial writingsalescold outreachcannabis industry knowledgeinvestor relations

Watch the Full Breakdown

Cannabis Industry Ancillary Services — YouTube thumbnail

Watch on YouTube — Chris Koerner

Related Hybrid Intermediate Ideas