I received an enormous cash offer from a rival company that wants to buy my business.
I have to give it a few days and weigh my options, and of course I need to discuss it with Ed, my business partner.
Five years ago Ed and I started this shop, which has expanded and grown wildly since then. Weed is a major industry in this part of the country, and there is a lot of local competition for market share. One of these competitors came to me with a huge offer, a one-time cash payment to buy my cannabis dispensary and all the inventory. I won’t disclose the exact sum of money, but it’s enough that even when I split it with Ed, the co-owner of the cannabis store, it will be enough to live comfortably for the rest of my life. I did not open this cannabis dispensary looking for a big payoff, I just wanted a way to make a living. Over the last few years I have poured my heart and soul into this place, and helping patients with medical cannabis has been deeply rewarding. In other words, I don’t see the cannabis store as a job, it’s a calling. On the other hand, this rival cannabis corporation is offering a ludicrous amount of money. If I wanted to I could take the money, move someplace on the beach, and open a new cannabis dispensary! I love my store, my employees, and my cannabis customers, so I am really torn about what to do next. Do you have any advice?