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Colorado Dominates Top 150 Ancillary Cannabis Companies

Of the top 150 ancillary cannabis businesses in a recent list from Cannabis Business Executive, 41 are headquartered in Colorado.
Your Green Contractor has built growing facilities for Good Chemistry, Healing House and Kind Love.
Your Green Contractor has built growing facilities for Good Chemistry, Healing House and Kind Love. Britt Nemeth Studios/Britt Nemeth
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Legalizing cannabis doesn't just create jobs involving cultivation of the plant; it also creates businesses that aid those cultivations, infused-product manufacturers and dispensaries. Ancillary businesses to the cannabis industry can be in anything from extraction technology to industry consulting, with many, many things in between.

Ancillary businesses represent the largest and broadest sector of the cannabis industry, according to multiple industry reports, and many of the top companies are based in Colorado. Of the top 150 ancillary cannabis businesses on a recent list from Cannabis Business Executive, 41 are headquartered in Colorado. By comparison, California had 35 on the list, while Washington and Oregon combine for just 22.

As the first state to legalize recreational cannabis, Colorado had a head start on encouraging entrepreneurs to bring their ideas to fruition, or to further grow already existing businesses. You may have heard of some of these success stories, such as the Vicente Sederberg law firm and Leafbuyer, thanks to their media presence or consumer-facing products, while others are content to fly under the radar.

Compiling reader surveys and research over the span of four months, CBE chose its 150 favorite ancillary businesses and split them into categories. The highest-ranking Colorado company and only one to crack the top fifteen was Nexus Greenhouse Systems, a greenhouse manufacturer based in Northglenn. However, the company might want to widen its focus: According to the 2017 Marijuana Business Factbook, ancillary businesses that serve industries outside of cannabis have 7 percent higher profitability than those that don't. The top overall entry on CBE's list, Hawthorne Gardening, is a New York-based hydroponics and gardening provider that serves a wide array of cultivations beyond cannabis.

View the entire list and learn more about CBE's grading methods on the CBE site. Here are the Colorado companies that made the cut, their focus and their rank:

3. Nexus Greenhouse Systems
Cultivation Products and Services
Northglenn

17. Urban-Gro
Cultivation Products & Services
Lafayette

24. Ms. Mary Staffing
Staffing/Payroll
Denver

25. Vicente Sederberg
Legal
Denver

28.
MJ Freeway
Software
Denver

32. Your Green Contractor
Cultivation Products and Services
Englewood

36. ExtractionTek Solutions
Extraction Equipment
Denver

38. Baker

Software
Denver

40. Surna
Cultivation Products and Services
Boulder

44. Terpp Extractors
Extraction Equipment
Fort Collins

48. Isolate Extraction Systems
Extraction Equipment
Lafayette

51. Canna Advisors
Consulting
Boulder

55. Wilton Inc.
Staffing/Payroll
Denver

56. Grocentia

Cultivation Products and Services
Fort Collins

57. Canna Security America

Security Solutions
Denver

58. Assurpack

Packaging
Greenwood Village

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The legal cannabis industry is largely cash-only, making armed security essential for most licensed pot businesses.
Canna Securtiy America Facebook
65. Black Dog LED
Cultivation Products and Services
Boulder

66. Vangst

Staffing/Payroll
Denver

72. Gobi Analytical
Lab Testing
Denver

73. Medicine Man Technologies
Consulting
Denver

75. Helix TCS

Software
Greenwood Vilage

77. Amercanex
Media/Publishing
Denver

78. American Cannabis Consulting
Consulting
Denver

82. Hoban Law Group

Legal
Denver

83. National Cannabis Industry Association
Trade Association
Denver

87. RM3 Labs
Lab Testing
Denver

88. Mjardin

Cultivation Products and Services
Denver

89. Hemp Temps

Staffing/Payroll
Aurora

90. Cova
Software
Denver

95.
Adilas
Software
Salida

96.
Green Mountain Harvest
Cultivation Products and Services
Lakewood

97.
McAllister Garfield
Legal
Denver

101.
3C Consulting
Consulting
Denver

107. Wurk
Software
Denver

111. BDS Analytics
Software
Denver

113. Simplifya
Software
Denver

121. Indo Expo Trade Show
Media/Publishing
Denver

123.
Leafbuyer
Software
Denver

126. Quintel-MC (ERP Cannabis)
Software
Greenwood Village

138. Denver Relief Consulting
Consulting
Denver

139.
Flowerhub
Software
Denver
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