My exit strategy
1. I will sell the company probably to a business or food and resource economics student looking to explore and capitalize on the medical marijuana industry within 5 years of business. A great selling point would be if recreational marijuana ever becomes legal in Florida, Mary Jane’s can expand to anyone 21 or older who uses the substance. 2. Because I plan to have a career focused in journalism and working for big news organizations, I don’t have any interest in making Mary Jane’s a long-term job or family business. After starting the company and making enough profit to get myself an apartment in a city like New York or Chicago, I will sell the company and solely focus on my reporting career. 3. In the beginning stages of Mary Jane’s, I was excited for the opportunities, but quickly realized there’s a lot of legalities around this industry. It would take a lot of time and court efforts...