(This is an abridged version of a story that appears in the May-June issue of Marijuana Business Magazine.)
Marijuana waste gives entrepreneurs an opportunity to enter an emerging cannabis sector that turns plant refuse and post-extraction leftovers into marketable products that range from animal bedding to construction materials.
Cannabis growers and processors, for their part, can make a buck by selling leftover plant material.
And, more broadly, the nascent space offers an industry long criticized for its heavy electricity and water use a chance to bolster its green image.
“If we can use this resource on the back end – the (growing) media waste, the fibrous material, everything they might throw away that they can’t use in the growing and processing – we have the opportunity to make the Earth habitable again,” said John Whiteside, who started a Colorado-based cannabis waste recycling company, IHR, in 2011.
Marijuana Business Magazine spoke with Whiteside and other entrepreneurs about how to enter the cannabis waste recycling sector.
Click here to get their thoughts on:
- The importance of starting slow.
- How networking can help expand your business.
- Lessons learned from outside industries.
- The importance of knowing the rules.