Secret Academy Episode - Chip BakerOne of the most growing industries in the U.S as of the last decade has been that of the Cannabis industry. With numerous states all over the U.S deciding to legalize marijuana both medically and recreationally many doors have opened to welcome a new type of business into the entrepreneur-sphere. Chip Baker was one of those people who began riding the Cannabis industry wave when it was just a ripple in the ocean. Though he knew that once more and more people joined the industry he needed to make a niche for himself to avoid too much competition. So rather than growing, farming, or supplying he is the number one supplier of farming equipment to those who do decided to grow, farm, and supply. With the industry coming alive as more and more states continue to legalize marijuana, Chip wanted to come on this interview and give our viewers an inside look at this “growing” new marketplace.
- How to be involved in the cannabis industry.
- What laws are there around the involvement of the cannabis industry from a business stand point.
- How to be involved in the cannabis industry without actually growing marijuana yourself.
- What it takes to be an equipment supplier to the marijuana farmers.
- There isn’t as much money in the cannabis industry as people think there is.
- Just how regulated is the industry itself.
- Growing cannabis is susceptible to the same issues that the farming industry is in the way of weather, pests, etc.
- The cannabis industry still needs a good amount of cash flow just like any other business.
- The earlier you get in to the marijuana business are the ones who truly dominate the market.
- If you really want to make the money, you have to help push the regulations in your state versus keeping up with the regulations once they are in place and everyone can play.
- Zoning and other state mandated regulations play a large part in the cannabis industry and wether you can make your business succeed or fail.
