Ever thought about getting into the cannabis business? LA based entrepreneur Spencer Galbreath explains

Spencer Galbreath is a savvy creative strategic American business executive with roots starting in the entertainment sector ranging from intellectual properties, real estate investments to diversifying his portfolio into the cannabis space by becoming an owner of a dispensary in the hot pocket of downtown Los Angeles area.

What inspired you to go after the Cannabis Industry?

Spencer: The opportunity presented itself from a good friend of mine who is now my business partner in my dispensary. I like to seize the moment along with the opportunity. As the great motivational speaker Less Brown said “It’s better to be prepared for an opportunity and not have one than have an opportunity and not be prepared”

Can you share the most interesting story that happened to you since you started your journey?

Spencer: There’s a lot of interesting stories when you’re going after goals and you’re locked in with tunnel vision. For me, my journey is all about learning and putting myself in situations that set me up to win.

What advice do you have for anyone who wants to get in the cannabis industry?

Spencer: To learn the business side of it. Like any other industry, you must be fully knowledgeable of all the risk, ups and downs of the business.

Do you have any big projects you’re working on?

Spencer: Yes, I have a couple that I can’t share just yet (laughs) but be on the lookout for a reality show I’m co-executive producing with music executive / super producer Tony Pizarro, a tech smartphone project, among some other cool things.

None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful towards who helped get you to where you are? 

Spencer: Yes Indeed there’s been plenty of mentors along my journey. But I definitely wouldn’t be in the position I’m in now with my parents installing a strong work ethic in me at a young age, so I definitely want to thank my parents for that!

What are the 5 things you wish someone told you when you first started?

Spencer: The main lessons I learned from them take no shit from anyone and follow your passion and stay the course no matter what. The five things I wish someone told me when I was first starting out is to spend your money wisely. However when you’re coming into the game of life and making money all you think about is what to buy. Not days my mindset is totally different, it’s what asset to buy that’s the difference.