How My Cannabis Business Brings In $800K/Month In NYC

Coss Marte, the founder and CEO of Conbud, a legal cannabis dispensary in NYC's Lower East Side, has come a long way since his days of selling cannabis illegally. After serving prison time, Coss has now turned his life around and is running a successful business that generates over $800,000 in sales every month.

The Journey to Success

The exterior of Conbud dispensary, a bustling store in the heart of NYC Coss attributes his success to his hard work and dedication. He believes that showing up every day and putting in the work has been the key to his success. He works 365 days a year, and his business has become a huge part of his life.

The Business Model

The interior of Conbud dispensary, featuring a wide selection of cannabis products Conbud is the first legal dispensary in the Lower East Side, offering over 600 SKUs of cannabis products. The store uses a kiosk system, where customers can order and pay for their products, and then pick them up at the counter. Coss has also hired people who have been justice-impacted, including those who have been incarcerated or have had family members incarcerated.

The Financials

Coss explaining the financials of Conbud, including the revenue and profit margins Conbud generates around $800,000 in revenue every month, with a profit margin of around 13%. Coss explains that the profit margins are not as high as he would like, but he is working to increase them. He also talks about the challenges of running a cannabis business, including the lack of access to banking and the high taxes.

The Personal Story

Coss Marte, the founder and CEO of Conbud, talking about his personal story Coss's personal story is one of redemption. He started dealing weed at the age of 13 and eventually ended up in prison. However, he turned his life around and started a fitness program called Conbody, which helped him lose 70 pounds. He then used the money he made from Conbody to start Conbud.

The Future of Conbud

Coss talking about the future of Conbud, including plans for expansion Coss has big plans for Conbud, including expanding to other locations and increasing revenue. He believes that Conbud can become a major player in the cannabis industry and is working to make that happen. Despite the challenges he faces, Coss is determined to succeed and is confident that he can capture 25% of the New York State market.