Cannabis might seem like it presents a Wild West frontier for entrepreneurs looking to strike green, said Michael Wilson, but would-be founders must cultivate a plan grounded in common sense — and the law.
“In the industrial hemp or marijuana space, if you want to build a successful business, run it like a real damn business,” said Wilson, co-founder and director of research and development at United American Hemp in Olathe. “In [the cannabis] industry, we’ve seen so many people come in from the illegal drug trade or weed culture who just crap all over everybody.”
“Those people will eventually get weeded out,” he told a crowd gathered at Gould Evans for Startland News’ October Innovation Exchange. “And people like those in this room will be the ones to step in as real entrepreneurs and business people to start to build real companies.”
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