The man who sells the most rolling papers in the world is either exactly who you think he is or nothing at all.
the most rolling papers in the world is either exactly who you think he is or nothing at all. Yes, he has hung out with Hunter S. Thompson, partied at the Playboy Mansion, lost his car while high on edibles and had his warehouse raided by the feds. He has also bid on the Chicago Cubs with billionaire Mark Cuban and produced a handful of movies, including the 1986 Stephen King horror film.
Paper has long been a good business with high margins. But the global rolling paper industry is opaque and hazy; even the analysts who cover tobacco and cannabis companies don’t have a clear picture of its size and scope.
To restock their rolling paper inventory, Levin had to send money to a distributor in New York and a few months later they would receive a new shipment of French-made paper. He discovered that the distributor was collecting money from different retailers, placing an order and selling them for a big markup. “I figured I could do that too and so I jumped on an airplane,” he says. “The problem was that I had to buy a, way more than I could sell from an 800-square-foot store.
from 1978. By then, the federal government had started enforcing anti-paraphernalia laws, which targeted bongs and pot pipes but not rolling paper, and Levin saw his friends and peers in the industry on the wrong side of the law. “One person I knew got 104 months in prison,” he says. “I said: ‘Okay, I’m out.’ And we stopped selling everything except for rolling papers.
“We were not printing paper,” says Larry Posner, a former sales executive at Republic, “we were printing money.”
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Billionaire Wee Cho Yaw’s UOB Invests $375 Million In Regional Banking Tech Hub In SingaporeUnited Overseas Bank said Tuesday it will invest S$500 million ($375 million) to build a technology and innovation hub in the northeastern Singapore town of Punggol to support the lender’s push across Southeast Asia.
Leer más »
Fired CNN anchor Brian Stelter claims billionaire John Malone wanted network to be ‘more like Fox’John Malone, a WarnerBros. Discovery shareholder and board member, had called on CNN to adopt a more centrist approach.
Leer más »
Billionaire Wee Cho Yaw’s UOB Invests $375 Million In Regional Banking Tech Hub In SingaporeUnited Overseas Bank said Tuesday it will invest S$500 million ($375 million) to build a technology and innovation hub in the northeastern Singapore town of Punggol to support the lender’s push across Southeast Asia.
Leer más »
Billionaire Li Ka-Shing Backs Biocomputing Startup That Takes On AI With Lab-Grown Brain CellsCortical Labs, an Australian startup developing a new type of artificial intelligence that combines lab-grown human brain cells with computer chips, has raised $10 million in a funding round led by Horizons Ventures, the private investment arm of Hong Kong’s richest person, Li Ka-shing.
Leer más »
Billionaire Wee Cho Yaw’s UOB Invests $375 Million In Regional Banking Tech Hub In SingaporeUnited Overseas Bank said Tuesday it will invest S$500 million ($375 million) to build a technology and innovation hub in the northeastern Singapore town of Punggol to support the lender’s push across Southeast Asia.
Leer más »