Stoned Moms: The Marijuana Industry’s Greatest Untapped Market

If you’ve seen this video of grandmothers getting high then you’re going to love this Granny who loves her weed too. Since the legalization of recreational weed use in Colorado in 2012 entrepreneurs and investment bankers have been looking for the next big push to get the legal marijuana industry profitable. Justin Hartfield is the creator of WeedMaps, a yelp for marijuana dispensaries that marries the marijuana and tech industries into a modern entrepreneurial dream. However the next untapped market that the medical and recreation marijuana industry needs are everyday people, you, me, and your mom too.   Contrary to popular belief, the majority of Continue reading Stoned Moms: The Marijuana Industry’s Greatest Untapped Market

More Marijuana Money

This article is a part two. Look here for last week’s! Welcome back to more marijuana market talk. Last week, I covered how the buildup of stock and reduction of state taxes have helped lower the price of legal weed from a $30-per-gram high, to the more moderate $11.50 per gram. This week I’ll explain other reasons for this drop, and what would make it drop further. Oh how our lives will change. Entrance Woes Not just anyone can sell weed legally. You need a permit, and these are doled out in a most restrictive and regulated fashion. Washington’s Liquor Continue reading More Marijuana Money

Marijuana Money

This article is a part one. Look for the second half next week! I remember proudly voting for the legalization of weed. July 8, 2014, marked the opening of legal vendors in Washington State, and lines of Americans stretched for miles outside the few stores that qualified. Sadly, I wasn’t 21 so I didn’t partake in that historic occasion, but plenty sure did. In the first month, Washington sold $3.8 million in pot from just eighteen stores. If that sounds impressive, one year later, a combined 160 stores were selling more than $1.4 million each day. I’m certain that even Continue reading Marijuana Money