The legalized world of marijuana is big business. In California alone, sales reached $1.1 billion last year, according to a recent report from CBS News. Now with the medical marijuana sector legal in 23 states and Washington, D.C., entrepreneurs and companies are getting in on this lucrative "pot" of gold. Take for instance, Kush Bottles, the Los Angeles-based supplier of certified, child-resistant packaging, branded exit solutions and accessories for the cannabis industry, which was just recognized by Inc. 5000 list of Fastest Growing Companies in America. The company was ranked #774, which falls in the top 20% of all companies on the list and joins the ranks of Microsoft, GoPro,Yelp, Domino's Pizza, Zillow, Timberland, Vizio, Intuit, Chobani, Oracle and Zappos. Not bad company to keep, if you ask me.
"The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-In-Chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident."