5 Companies That Cash In on Cannabis Without Ever Touching the Product

Ancillary companies — from tech startups to weed-focused attorneys — stand to reap all the benefits of the Green Rush with much less of the risk.

As California’s legalization of marijuana creeps ever closer, the industry has been flooded with new business ideas and wealthy investors.

In fact, earlier this month in downtown L.A., weed veterans and prospective business owners gathered for the inaugural MJAC2017 conference to discuss the benefits and pitfalls of investing in the still-stigmatized cannabis industry.

As a way to sidestep legal problems and attract capital from timid investors, many entrepreneurs are starting companies that never touch the actual product.

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