Canada - ‘Bath salts’ chemical was $750K-a-year business for Edmonton entrepreneur

S.J.B.

S.J.B.

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‘Bath salts’ chemical was $750K-a-year business for Edmonton entrepreneur
Brent Wittmeier
National Post
June 11th, 2012

EDMONTON — For five years, Greg Adams grew his online company from a one-time arrangement into a successful, $750,000 per year niche business.

The 36-year-old Sherwood Park web designer says he fell into importing chemicals almost by accident, when a former classmate in Toronto needed a chemical for a research lab he managed. Adams had experience importing products from Asia and agreed to look into it.

“I said, ‘Whatever, you’re currently paying, and whatever I can get it for, I’ll split it 50/50 with you,’ ” Adams said. “What he was paying $130 per unit for, I was able to pick up for $25 in China.”

Word of mouth spread and Adams soon had other customers, mostly research labs and university students. In 2005, Adams founded a website that sold and shipped legal, synthetic compoundsimported in bulk from Chinese manufacturers.

When sales peaked in 2010, Adams had three employees and approximately 1,500 accounts. He shipped across North America and to countries such as Israel and Japan.
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Read the full story here.

Wow! I actually used to buy from this vendor. They were very professional; the chemicals even came with MSDS sheets.

Nice disingenuous headline though.
 
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Whoa, I also recall sending a money order specifically to Greg Adams! I hope that he's still doing well, he ran a wonderful business.
 
Only vendor I ever purchased RC's from. Got 2c-e and 2c-i from him, as did some good friends of mine on numerous occasions. Due to the short distance between him and I, shipping usually took only 2 days. IT was nice.
 
i got my first rc order from him lol way overpriced though, i couldn't believe how bad i was getting ripped off for so long. They also sent me 2c-e instead of 2c-t-2 once, not very professional. There are better vendors these days.
 
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