Title: Founder and CEO
For the past 12 months, the editorial staff at Marijuana Venture has compiled a list of candidates for our third annual 40 Under 40 feature. This year, we narrowed our list down from hundreds of worthy candidates to come up with a cross-section of personalities across the U.S. and Canada, from salt-of-the-earth farmers to tech savants. All of them have unique stories, successes and ambitions and all represent the excitement and promise of the cannabis business. We feel honored to share their stories and look forward to watching them push forward in our ever-evolving industry.
Tim McGraw’s first taste of the cannabis industry came as the CEO of Revolution Enterprises, one of the largest medical marijuana producers in Illinois. But his latest venture brings him back to his roots in real estate development and puts him squarely at the industry’s epicenter.
McGraw is the founder and CEO of Canna-Hub, which is in the process of opening multiple cannabis campuses in California with the goal of attracting best-in-class operators, including cultivators, manufacturers, retailers and third-party testing labs.
The company’s Mendota campus, located just outside Fresno, is nearly full, and McGraw’s team will break ground this summer on its Williams campus, about 60 miles north of Sacramento.
McGraw says his determination and work ethic have led him to be successful and at 38, he has more practical experience than some people decades older than him.
By 18, he was promoted to loan officer of a national mortgage bank. By 20, he owned a mortgage company and within six years he had closed approximately $1 billion in real estate transactions.
“I learned a great deal from the roller-coaster ride that is real estate investing, being involved both before and after the 2008 downturn,” McGraw says. “You need to be able to pivot when market conditions change and sometimes even adjust your vision and strategic plan to capture new opportunities as those arise.”
As an entrepreneur in the rapidly evolving cannabis space, McGraw recognized the importance of learning everything he could about the industry, from cultivation to cannabinoid science to compliance and regulations.
“Part of being an entrepreneur is being a fixer,” he says. “Especially in our industry, putting out fires is a constant. If you let any one issue consume your focus, success will be difficult.”