Shango Los, host of the Ganjapreneur.com podcast, was interviewed for a special Newsweek edition that focuses on what’s coming up for cannabis in 2016. The special issue hit newsstands yesterday, January 25, and is appearing alongside the regular weekly Newsweek magazine.
Newsweek reporter James Ellis reached out to Shango, and the two conducted an hour-long interview in December about best practices for launching all sorts of companies in the cannabis space. Ultimately, Ellis focuses on cannabis retail and what processes should be expected for someone starting up a dispensary.
Shango, with more than 20 years of business consulting experience and a heavy emphasis toward cannabis clients, was an excellent candidate for a true insider’s look at the industry.
“It’s not an easy industry to get into,” Shango told Newsweek.
“It’s ultra competitive, and because it is such a newly evolving industry, there’s exceptionally high risk. Some of us here in Washington thought about opening a cannabis company for $50,000. In the end, we’re finding all those people have struck out of the market. Realistically, you need a quarter of a million dollars just to get up and going.”
Go buy this historical Newsweek issue right now! 2016 is going to be remembered as the year the momentum behind cannabis reform became unstoppable, and this magazine will likely be treated as a collector’s item in the future.
Check out the images below for a segment of the article as it appears in Newsweek.
*For the rest of the article, go buy your copy of this special edition of Newsweek!