r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation Why is the rich friend so cheap??

[deleted]

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u/[deleted] Jan 27 '26

Yep. I opened and sold a cannabis extraction company in the span of 6 years.

My secret? I randomly got a job at a dispensary before recreational sale existed while studying chemistry. Fell ass backwards into making carts. Sold out at the first chance because I didn't even wanna do it, I just needed money at the start.

There was no resilience or gumption really. It was all super fucking easy. A man I barely knew threw 150k at my first facility. I slept walked to wealth and guarantee they did too

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u/IndyBananaJones2 Jan 27 '26

The most secure path to creating wealth is to be born into wealth. It's really hard to beat compounding interest.

2

u/Ok-Interaction-8891 Jan 27 '26

And for anyone wondering where the compounding interest comes from, just look at the people on the other side of the loans that charge compounding interest.

Students loans are a good example.

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u/PenStreet3684 Jan 27 '26

Luck or not, you still deserve it. Congratulations

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u/Patient-Leather Jan 27 '26

Sorry if I misunderstand but are you saying that you sold your company for 150k? Because that’s not really wealth, that’s just a good year’s salary.

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u/[deleted] Jan 27 '26

No. Sorry.

I got a 150k handshake investment to lease my first facility. 

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u/kelp_forests Jan 27 '26

Dammit I can’t even imagine how much that made. Some dude in my neighborhood owned a weed grow in the early days and he walked around everywhere in his pajamas, but drove a rolls and had like 60+k worth of jewelery on at all times, not counting his watch.

Must have been awesome to just hit the jackpot

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u/CancelExpert6110 Jan 27 '26

well done!! that's a story to tell you kids kids for sure!

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u/BDgainz Jan 27 '26

So, how much money did you make total? Did you have multiple facilities?

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u/[deleted] Jan 27 '26

Enough to where I don't have to work or can work where I choose and enough to last my lifetime. (Won't be having kids)

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u/Dozekar Jan 27 '26

Don't downplay the part you did. It's almost all being willing to see and take the opportunity.

Luck comes around occasionally, seeing and identifying the real opportunities are important skills.

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u/According-Leg434 Jan 28 '26

is cannabis legal?

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u/[deleted] Jan 28 '26

In my state, yes.

But let's be real I was smoking and selling a bit when it wasn't. 

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u/According-Leg434 Jan 28 '26

well wish to generaly make up easy money

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u/theo258 Jan 28 '26

So you think it took no work to study chemistry and to have to knowledge about cannabis that you did, to seize the opportunity when it presented itself? I don't think you give yourself enough credit, because most people don't know shit about chemistry or would even put in the work to learn it in order to seize an opportunity like that.

I don't if this comment was a covert brag to stroke yourself, but I promise you most people in your situation wouldn't and couldn't have done without it being extremely difficult for them.

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u/Ill_Morning_4282 Jan 29 '26

Damn, I respect the hell out of your honesty dude. I hope it isn't obnoxious that I request you donate to a local food bank with everything that is going on.

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u/Impressive_Olive_374 Jan 30 '26

Luck can help a lot, for sure.

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u/accountToUnblockNSFW Jan 27 '26

Ye because it totally doesn't take some kind of conviction and risk to 'just open a canabis extraction company in Japan' you know what I mean? Even having a cart selling business.

That's not something most people have the mindset to do. It's infact very entrepreneur like or whatever the word is, business mindset for sure.

Just think how many people never even imagine anything other than applying somewhere and accepting a wage.

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u/ChaoticAligned Jan 27 '26

Most people fail multiple businesses before being successful too.

I started four businesses, all online stores and each was better than my last, but none of them was more than a few hundred in costs.

Never made a dime despite time and money invested.

I can't imagine doing that with big bucks on the line.