Five Shark Tank Stars Weigh in on the Marijuana Boom

Article by Kim Lachance Shandrow, Entrepreneur


The Sharks have seen it all. Entrepreneurs of all stripes vy[sic] for their cash in the Tank, and sometimes their businesses are just plain weird.

There was the hiker who turns roasted crickets into energy bars, the husband and wife on a mission to change the way we poop, one Squatty Potty at a time, and, who could forget, that guy who badly wants to draw a cat for you.

One kind of business that hasn’t been pitched on Shark Tank: a wacky tobacky business. Not yet at least. With marijuana now legal in some form in 25 U.S. states and the District of Columbia, and legal at the recreational level in four states, it’s probably only a matter of time before a ganjapreneur swims with the Sharks.

I spoke with the judges on Sept. 23 during a swanky breakfast in Beverly Hills celebrating the season eight premiere of their hit show to learn how they feel about the budding marijuana industry and whether they’d invest in it. (Fellow Shark Daymond John did not attend the breakfast and has not responded to a request for comment.)

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