2. Invest in a marijuana department
If you’re already running a consultancy business or don’t want to devote the entire business to weed, you can invest in a cannabis department to cater to those clients who need niche expertise.
You’ll need to ensure your team has the knowledge to assist a customer wanting to know about the growing South African weed industry. This will help you to expand your customer base and ensure you never turn customers away due to a lack of cannabis knowledge.
For example, Viridian Capital Advisors is a US advisory firm specialising in the cannabis industry. Schindlers Attorneys has a Cannabis Department, developed to help businesses and customers navigate the grey areas surrounding marijuana. Marijuana related businesses will also need assistance when it comes to an industry specific insurance strategy.
Your real estate firm could even have a niche marijuana department. This new industry requires customer education that just won’t work very well online. This is where you come in, you can advertise as a cannabis-friendly commercial property real estate company. Enabling you to assist marijuana-related businesses in finding premises and managing skittish landlords.