Ancillary Cannabis Businesses
Cannabis legalization doesn’t just create jobs involving the cultivation and sale of the plant; it also creates businesses that provide ancillary services to the industry. Ancillary cannabis businesses can be anything from delivery services, lighting equipment manufacturers, growing technology, point-of-sale systems, extraction technology to industry consulting.
Ancillary businesses represent the largest and broadest sector of the cannabis industry, and many of these businesses will have tremendous opportunity to service the burgeoning New Jersey cannabis market. According to the 2017 Marijuana Business Factbook, ancillary businesses that serve industries outside of cannabis have 7 percent higher profitability than those that don’t.
We provide in-depth legal counsel to operators in every sector of the cannabis industry, including:
- Packaging and Labeling Companies
- Delivery services
- Secure transport businesses
- Security companies
- Vape and other cannabis consumption devices
- E-commerce websites
- Testing labs
- Licensing and branding companies
- Marketing and design agencies
- Media networks
- Retail design firms
- Hydroponics
- Vertical agriculture
- Greenhouse systems
- Horticultural lighting companies
- Nutrient suppliers
- Extraction equipment
- Commercial kitchens
- Banking
- Payroll companies
- Compliance
- Point-of-Sale Systems
- Software and mobile application developers
- Accounting
- Real Estate