8 Online Medicines Business Success Stories [2023]

8 Online Medicines Business Success Stories [2023]
Start An Online Medicines Business

Here are some real life success stories of starting a online medicines business :

1. Medicine Man Technologies ($6M/year)

Joshua Haupt is a marijuana millionaire who grew up gardening and started growing cannabis in high school because he used it to treat his epilepsy. The 32-year-old turned his cannabis growing method into a $500 guidebook and a nutrient line that he sold to cannabis consulting firm Medicine Man Technologies for 7 million shares of the company in 2017. He personally owns about 4.4 million shares, currently worth about $9 million. Haupt also owns two cannabis grow facilities in Colorado.

Joshua Haupt (from Denver, CO, USA) started Medicine Man Technologies about 9 years ago.

Revenue
$500K / month
Team
1 founders / 2 employees

Case Study
  • Joshua Haupt is the founder and CEO of the cannabis consultancy firm, Medicine Man Technologies.

  • Joshua Haupt is a self-made millionaire, entrepreneur, author, and cannabis grower.

  • Since 2014, Medicine Man Technologies' cannabis consulting business has supported clients all over the world in making informed decisions regarding cannabis consumption.

  • According to the medical cannabis hub RXLeaf, Haupt has earned the moniker "Steve Jobs of cannabis" due to his significant influence on cannabis cultivation and the cannabis industry.

article

Read the full story on cnbc.com ➜

2. Blessed CBD ($9.6M/year)

Vithurs' unique skill set, paired with his fearless approach to business and deep knowledge has set him apart

Vithurs Thiru (from London, United Kingdom) started Blessed CBD about 5 years ago.

Revenue
$800K / month
Team
1 founders / employees

Case Study
  • Vithurs Thiru is the founder of the CBD production company, Blessed CBD, based in the UK.

  • The company was founded in 2018, a year after cannabidiol had been made legal in the United Kingdom, and was a near-instant hit.

  • Vithurs Thiru is a self-made millionaire at only 24 years of age.

  • Since 2018, Blessed CBD in this Cannabidiol business and supported clients all over the world.

  • Vithurs wants to improve people's health and wellbeing with the help of his CBD products - CBD oils, gummies, capsules, and creams.

article

Read the full story on latintimes.com ➜

Learn more about starting an online medicines business :

Where to start?

-> How much does it cost to start an online medicines business ?
-> Pros and cons of an online medicines business

Need inspiration?

-> Examples of established online medicines business
-> Marketing ideas for an online medicines business

Other resources

4. Medlife: Online Medicine

Order medicine online - Buy online medicine with flat 18% OFF* from India's largest trusted online pharmacy store. PAN India home delivery, COD Avail.

  • Website traffic: 610K/month
  • Business rank: #12.4K

Check out their full website ➜

5. Foundation Medicine

Foundation Medicine is a world-leading molecular insights company, connecting physicians, patients and biopharma partners to the latest insights in cancer genomics. Learn more.

  • Website traffic: 80K/month
  • Business rank: #195K

Check out their full website ➜

6. PDR.Net

  • Website traffic: 340K/month
  • Business rank: #196K

Check out their full website ➜

7. Cost Plus Drugs

Mark Cuban

  • Business rank: #70.3K

Check out their full website ➜

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

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