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Marijuana boom spawns ancillary businesses


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By David Pierson, Los Angeles Times

Ben Wu took a six-figure pay cut when he left a career in private equity for a shot at the marijuana boom.

Trained to spot small businesses with big potential, he started this year as chief executive of Kush Bottles, a Santa Ana company that sells child-resistant plastic cannabis containers.

It took some persuading to get his parents and girlfriend to embrace the move. But Wu insists it was a sound business decision. As the pot industry blossoms, he reasoned, a robust supply chain is needed to help grow, package and market legal marijuana.

“The sky’s the limit,” said Wu, 35, a New York University business school graduate and former vice president at Wedbush Capital Partners. “As long as states continue to adopt, we’re going to double growth each and every year.”

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Comments (4)
  1. KATHY says - Posted: May 20, 2014

    All the power to this ,I agree it is something that will go far ,and help those that are for medical purposes only,Its out in the open. and it will be for a long time. ,

  2. bike bum says - Posted: May 20, 2014

    Kathy, just wondering, is there any other issue you comment on besides pot?

  3. KATHY says - Posted: May 20, 2014

    Keep your eyes open bike bum, you may just miss me ,Wake up .If I

  4. Dan Stroehler says - Posted: May 20, 2014

    Mr.Wu would be ahead of the game if he moved his operation to Nevada, before the California machine taxes and regulates him into oblivion.