52 - Starting and Running a Large-Scale Hemp Business - with David Hasenauer

If your vision of a hemp business is a stoner standing behind the counter at a head shop, your vision is wrong. First off, there’s a difference between hemp and marijuana. Secondly, the industry is fast becoming big business. My guest, David Hasenauer is a 32 year old army veteran with a law degree, turned hemp entrepreneur. He originally looked at the marijuana industry because states were beginning to legalize weed. More importantly, he saw his fellow military veterans getting hooked on opioids after being injured. Ultimately, Mr. Hasenauer decided hemp, not medicinal marijuana, was the direction to take his business. He raised capital, secured seed growing facilities, and now Greenpoint Research is off and running. The company has 30 employees, 450 acres under cultivation, a processing facility in the works, and is operating between Florida and Colorado. You’ll learn a lot about a budding business and you’ll like David’s approach to creating a business from scratch.