NJ marijuana: Edison-based online headshop DankStop prepares for pot legalization
EDISON - Feliks Khaykin and Louis Coniglio have known each other since third grade, and even started their first business together. While that business, renting Yo-Yos and selling how-to-do Yo-Yo trick classes and accessories to their classmates, was ultimately shut down by the school, their entrepreneurial spirit went undimmed. They started their newest business, DankStop.com, an Edison-based online headshop, in Khaykin's parents' basement with an investment of $4,400 more than four years ago. Today, Khaykin serves as the chief executive officer of the business that now makes around $7 million a year and was recently valued at $15 million.