Entrepreneur

How This Wall Street Vet Became a Billion-Dollar Cannabis Success Story

Kevin Murphy won big when he agreed to sell his cannabis company, Acreage Holdings, for billions. But he says there's still plenty of opportunity.
Source: Nicci Levy
Nicci Levy

The average cannabis consumer may not have heard of Kevin Murphy, but they’ve surely seen the headlines he’s made as the CEO of Acreage Holdings, the largest vertically integrated, multistate cannabis company in America. Last year, he got former House Speaker John Boehner to join his board of directors -- despite Boehner’s having claimed to be “unalterably opposed to the of .” Then Murphy’s company produced a cannabis Super Bowl ad; when CBS rejected it

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur5 min readCorporate Finance
How to Build the Next Huge Thing
Want to start, fund, and sell a major company? Spencer Rascoff has some advice on that—because he’s seen it from all sides. As a founder, he first cofounded the travel-booking site Hotwire, which he sold to Expedia. He then cofounded Zillow, which he
Entrepreneur3 min readSmall Business & Entrepreneurs
Can You Sell Your Side Hustle?
Stefan Gehrig’s side hustle was doing well—and that became a dilemma. The Melbourne, Australia-based entrepreneur had started a gym bag brand called Knkg, also known as King Kong Apparel, in 2011. It began as a side hustle that scratched an entrepren
Entrepreneur2 min read
Sus
Japan can expect steady growth ahead, while the central bank will move towards normalising interest rates in 2024-25, according to the Economist Intelligence Unit. The Asian giant produced 534,900 tonnes of secondary aluminium in the first nine month

Related Books & Audiobooks