187,000 Pounds of Marijuana Annually? Legal Pot Business to Bloom in Washington
From The Curious Capitalist
January 8, 2013 - 3:27pm
Voters in Colorado and Washington recently approved the legalization of marijuana for recreational—not “medical”—purposes. But this hardly means that the business of growing and dispensing of pot will be all fun and games. A big Seattle Times story reveals what Washington residents and entrepreneurs intrigued with the business aspects of legal marijuana can expect, largely based on what’s been taking place for years in Colorado’s medicinal marijuana industry. “This is not your father’s marijuana,” the story quotes Colorado Governor John Hickenlooper as saying. Hickenlooper was talking about the increased potency of many of today’s strains of pot. But he could have also been addressing the vastly different way that the marijuana business is currently conducted. The gist is that it’s just that — a business – and one of t...
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