Colorado’s new, legal growth industry: Pot
Dispensaries are handing out glossy prospectuses to lure investors. Luxury cannabis leisure magazines in the vein of Cigar Aficionado are promoting the industry and cannabis tourism. Companies are jostling for various sectors of the market, from grow lights to point-of-sale systems. And marijuana growers are shedding the pothead vibe to sell their services to MBAs, who may have the capital to get started but not the arcane knowledge required to produce good weed.
The hedge-fund partners from Lazarus Management Co. are among the new breed. They have come to Sputnik to talk to Ean Seeb, a consultant specializing in marijuana.
“In the past you had a bunch of marijuana enthusiasts with little or no business acumen looking to get into this industry,” said Seeb, 37, co-founder of Denver Relief Consulting. “Now we’re seeing a complete role reversal. A bunch of businessmen with a lot of money who recognize this opportunity, and they have no clue what they’re doing as far as cultivation.”
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Our entire culture has no idea what they are doing.
Between amnesty, surrendering to drugs, and letting any group of perverts get ‘married’, we will sink as surely as the Titanic. Any ONE of these would be a death knell.
MelonCollie on January 27, 2013 at 9:08 PM
Oh how Colorado has fallen. I’m giving this state four more years. I’m going to turn my frustration in action on the local level to try and turn the state red again. If it goes blue again in 2016 I’m going to wash my hands of this state and flee to WY or TX along with my family and my business.
jawkneemusic on January 27, 2013 at 9:09 PM
Right, because the prohibitionist path we’ve been following has produced such great results for our nation!!
/s
HondaV65 on January 27, 2013 at 9:22 PM
The only new source of revenue available.
Cannabis will be milked by the bankrupt State for all its worth.
And the collateral munchies will fuel tangential food supply businesses.
Invest in Fritolay and all fast franchises.
profitsbeard on January 27, 2013 at 9:29 PM
BTW: if you’re am manufacturing business or other blue-collar production outfit for which a stoned workforce is a flaming disaster in the making, move on down here to Texas!
michaelo on January 27, 2013 at 9:31 PM
We should have never surrendered to Alcohol, and then there’s women voting which ruined everything. Don’t even get me started on blacks getting rights. Damn progress. /
lester on January 27, 2013 at 9:34 PM
Good for them, not only can they develop new revenue,they can quit spending money on a failed war on drugs.
Panther on January 27, 2013 at 9:40 PM
Oh I know, I’m still steaming mad about that one. Especially when they’re so easily lied to about War on Women nonsense.
John the Libertarian on January 27, 2013 at 9:42 PM
Well, if the pattern of states where Jeddite has resided have legalized marijuana continues, that means South Dakota and Nebraska are up next.
Jeddite on January 27, 2013 at 9:50 PM
And reallocate that portion of law enforcement budget to school security. Win-Win.
lester on January 27, 2013 at 10:15 PM
Apparently scrambling one’s brains now equals progress. Nothing says moving forward like impairment!
Stoic Patriot on January 27, 2013 at 11:18 PM
It’s still a violation of Federal law. I’m surprised people are looking to invest before that gets straightened out.
Of course, under the 10th Amendment it shouldn’t matter as long as everything stays inside the state, but SCOTUS already decided that the Commerce clause trumps the 10th Amendment in this case.
Steven Den Beste on January 27, 2013 at 11:57 PM
Well, what is going to happen is that the price is going to plummet in Colorado as it did in California when it was made legal for “medicinal use”. This means that many who have been growing are going to lose a lot of money and, as growers in California did, will start to sell their product in states where it is illegal and the prices is higher.
So you will see a lot of legal pot growing but much of it is going to be transported to neighboring states where the prices is higher.
crosspatch on January 28, 2013 at 1:27 AM
Well, it will definitely “toke the fires” of free enterprise.
For quite a while the mountains in Kentucky were home to moonshine and pot, some citing 40% of production in the US. (was on H2, so it must be true
)
Until those pesky gov’t agents swooped in, burnt everything and arrested lots of people.
Still going on. Wonder how those mountain folk will take to the mountain folk in Colorado..
ProfShadow on January 28, 2013 at 3:46 AM
As Hon-duhh aptly demonstrated, respect for the law is a dying trait, which unfortunately is partly because lawmakers are being such fools. As unfair as this is, very few people will intrinsically respect law and order for the benefits it gives them.
Between the constant capers of Clowngress and stories all over the news of bad laws, I’m not at all surprised that people are disregarding pot’s legality like this. Heck I wouldn’t be surprised if someone built a huge pot-related business, invited everyone in the state to a “grand opening party”, and flat-out dared the cops to do something. The potheads are gaining momentum and they know it.
Riddle me this one, libtard: what effect(s) will legalizing the sale of mind-altering narcotics to anyone have in a culture where having even a shred of responsibility is so rare you qualify as an endangered species?
MelonCollie on January 28, 2013 at 9:18 AM