Marijuana empire comes up green for serial entrepreneur
Greg Gamet stakes his territory, plants startup seeds and cultivates an empire
Greg Gamet set himself apart in Colorado's legal cannabis industry by doing what any good entrepreneur does:
Identifying gaps in the market and filling them.
We aren't exaggerating when we say that Gamet has been busy since 2009. That was the year he launched DANK, a medical marijuana dispensary that became one of Colorado's first recreational dispensaries on Jan. 1, 2014. While getting DANK off the ground, Gamet founded Kush Bottles, the state's leading supplier of packaging solutions to the cannabis industry.
After growing the business from 30 SKUs to nearly 100, Gamet took the company public in 2015 and jumped into this next endeavor, CannaScore, which is still the industry's only real-tie compliance software system. Gamet rolled out Denver Consulting Group, too, a sales consulting company that helps cannabis stores with, well, the whole gamut – everything from training to marketing and branding.
Plenty of new businesses go belly-up, and it takes finesse to succeed when you're working with startups. Gamet's insider secret is wrapped up in his policy on cash.
"I never take on a bunch of debt," he says. "If you have a bunch of investor money, you can feel like you're making money when you're not." This entrepreneur prefers to use profits from a company to grow it organically.
"You'll find out quickly if the business is going to be successful," he says.