What is Ancillary Business?
Ancillary businesses provide products and services to the regulated cannabis industry without directly “touching the plant“. They play a crucial role in shaping the cannabis supply chain.
Examples include packaging companies, lighting specialists, consultants, marketing firms, payment processors, lawyers, accountants, policy advocates, insurance providers, tourism operators, and more.
Ancillary businesses allow other sectors to support legal cannabis while avoiding the risks of handling the plant product directly.
They must adhere to cannabis compliance regulations like traceability and transparency.
Cannabis ancillary industries will increase as more states legalise medical and adult usage.