ATLANTA - CANNABIS RELATED
Redefining our cultural relationship with cannabis
Starting a company is solitary and challenging.
Working with other people going who have gone through the same challenges makes a huge difference.
You’ll get access to a network of cannabis industry mentors, and our staff, who will give you guidance when you need it the most.
We’ve built cannabis startups before. We’ll make sure you don’t make the same mistakes we did.
420PEACHTREE brings in a wide variety of experts focused on marketing, culture, startup accounting, product design, mobile, user testing, sales, and more.
It’s like a Startup MBA on steroids.
Startups live (some too literally) in our office for four months.
We’ll work together on your business and product strategy, growth and metrics, and investor pitches.
Thanks to our massive network, startups build relationships and partnerships that wouldn’t be possible at their size without 420PEACHTREE
Need an introduction to a buyer or investor? Early access to a new markets ? Need roadblocks removed? Stuck on something? We have connections.
Being a 420PEACHTREE Startups company will validate your business, and our network will help you connect with investors when the time is right.
Our Demo Day is also a great opportunity to meet and pitch people are ready to invest $$$
As soon as a ballot initiative or legislative bill begins to gain momentum, interested parties reach out for guidance. While each state’s program is different, there are steps you can take, even before a program is defined, to establish a foundation on which your eventual application effort will be built.
Step #1: Educate Yourself
Learn as much as possible about the potential program. Whether your state is implementing its first limited medical marijuana program or expanding to an adult use program, you need to become an expert.
Read the pending legislation or ballot initiative. If there is an existing program, learn as much as you can about the existing regulations.
Step #2: Become an Industry Advocate
Given the history of cannabis in the US, it’s not always easy to step forward as an industry advocate, especially in states implementing their first program.
Once you begin talking openly about your intent, you’ll be surprised how many of your friends and family members are supportive and equally surprised at the ferocity of those opposed.
In any case, your advocacy will provide multiple benefits towards your efforts. First, you will be on the front lines helping to build support for the program. Secondly, you will meet like-minded people that may become team members or supporters of your efforts.
Step #3: Identify your Goals
The cannabis industry can be broken down into three primary business functions: 1-Cultivation, 2-Manufacturing and 3-Retail Sales.
Many states break down the licensing even further adding licenses for distribution, transportation and delivery. What licenses you pursue may be dictated by your state’s program. Some states only issue vertical licenses which allow business to cultivate, manufacture and retail their products. Other states prohibit entities from being vertically integrated.
In any case, each business function is different. You will need to identify your resources and where your passion lies and proceed accordingly.
Step #4: Start your Business Planning
Like any other business, a vision will only take you so far. At some point you will need a well written business plan with detailed financial modeling to make your vision a reality.
The business plan is probably the one concrete item entities can begin assembling early on.
A good business plan can help you recruit business partners, secure local support, secure a location and begin pursuing investors. And ultimately, the business plan will become the focal point of your application materials.
Don’t hesitate to reach out if you have questions about getting started. At 420PEACHTREE, we’re not just experts, we’re also industry advocates who can help you take the first steps towards building a strong cannabis business.
Whether you’re an aspiring entrepreneur or an entrenched professional, the team at 420PEACHTREE has the cannabis expertise, influence and track record to bring your vision to life. Let’s work together to turn your cannabis business objectives into a reality.
Atlanta, Georgia, United States
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