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Pot Consultant: 3 Things you Need to Know NOW!

First and foremost, STOP CALLING IT POT! This industry is no longer tolerant of this term. It actually has a negative connotation in the industry. If you are reading this, I am assuming your are an entrepreneur that has been very successful in other endeavors and you are currently trying to get into the “Cannabis” industry. Here is a list of things you should do immediately:

1. Research the endocannabinoids system and how Cannabinoids work with the human body. At the bases of this industry lies the powerful truth that cannabis is the next healthcare revolution. You need to know everything about what is happening in healthcare to understand why cannabis is so popular… it is currently saving lives.

2. Get funded, if you think that $100,000 in your savings account is enough to enter this industry, think again. Cannabis Consultant’s at Quantum 9 estimate the cost of entry for cultivation center’s being between $750,000-$4,000,000. Dispensary costs from $250,000-$1,500,000. You don’t want to dump all of your own money into this, get funded since you are gonna do all of the work anyways you might was well still have a savings account with money in it.

3. Read all of the rules, regulations and proposed bills in your area. This can be found on the Marijuana Policy Project.

If you are looking for a trusted consulting team check out Quantum 9, Inc.

About Michael Mayes

As Chief Executive Officer for Quantum 9, Inc., Michael has assisted in funding some of the largest commercial cannabis projects in the world. Michael has been a cannabis investor since 2009 in Colorado’s first legal for-profit cannabis market. As the co-founder and CEO of Quantum 9, Inc., Michael has spent years designing technology and collaborating with countless consultants on the forefront of the cannabis industry. Collaborating with the brightest minds and contributing to world-class organizations has been an incredibly enlightening and rewarding experience for him. Also, he has amassed a comprehensive and award-winning team engaged globally for public policy best practices through the prioritization of environmental sustainability and patient care. Michael is a member of the International Cannabinoid Research Society (ICRS), contributor to Marijuana Business Daily, quoted in the Chicago Tribune, Tampa Tribune, Yahoo Finance, Tampa Tribune, Sativa Magazine, CBC and the Daily Herald. His media appearances include several CBS and WGN appearances and international presence on BNN Commodities in Canada. On the public policy front, Michael and his team were instrumental in their work of drafting the Kentucky Medical Marijuana Bill for Senator Perry Clark. Most recently, Michael taught a class for the International Pharmaceutical Academy in Toronto, Canada. He spoke on Cannabis Pharmacology, and the effects cannabis has on the endocannabinoid system.

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