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How to Impress a Shark: Top 5 Lessons Gleaned from Kevin Harrington

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Submitted by Marijuana News on Mon, 04/27/2015 - 08:58

Kevin Harrington, a serial entrepreneur and “Shark Tank” investor celebrity, made his first foray into the cannabis industry on Tuesday, April 21, 2015, at the Marijuana Investor Summit.

Harrington joined a panel of four other investors at the summit’s CannaPitch, where four cannabis-related companies made pitches for early stage seed capital. Harrington wasn’t ready to sign on with any of the businesses—which ranged from biotech home-grow apparatuses to marijuana real estate zoning applications. But he did offer a great deal of wisdom for entrepreneurs within the cannabis space.

Here are the top five lessons for cannabis entrepreneurs gleaned from Harrington’s appearance at the summit:

 

1. Assemble a team of experts. Even if it means giving up a slice of the pie.

“I’d want to have the best team of lawyers and tax guys in this industry,” Harrington said, emphasizing the importance of staying on the right...

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