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How to Start a Cannabis Business On a Budget

So you've got a big idea (genius, of course) but little money to play with. What's the first step? These scrappy entrepreneurs have some advice.

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This story appears in the August 2019 issue of Green Entrepreneur. Subscribe »

From the outside, it looks like the race to get into the cannabis space is available only to people with enough capital to pay cash for a five-bedroom home. But in reality, there are a ton of thriving businesses in all segments of the cannabis market that started with a great idea and just a piggy bank of savings. Here are three companies that bootstrapped their way to success from an initial investment of $5,000 or less -- in fact, way less -- plus advice from the founders on how you can do it, too.

PhotoAlto | Ale Ventura | Getty Images

 

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