Here is the Denver Post story discussed in the video. The headline reads Colorado medical-marijuana businesses have declined by 40 percent. One of the reasons is competition. In two years marijuana prices have dropped 50%. Legalization is likely to drive those prices down further. The State of Colorado has collected over $5 million in sales taxes. That gives the State an incentive to keep the businesses going. But as usual our Federal Government prefers to keep the business in the hands of the drug cartels. So they harass the businesses.
Seeking Alpha has run a few stories on the medical marijuana industry.
Reefer Madness: Pot Stocks In A Bubble
Medical Marijuana, Inc. Uses Licensing Strategy To Expand Operations For PhytoSPHERE Systems, LLC
Medical Marijuana Inc.’s Recent Transaction And Guidance Raise Questions
Stocks? Analysts? Investors? Small potatoes for now. But it is growing. Watch out for bubbles.
Some science that affects the business: CBD Science – HPLC Analysis
Medical Marijuana prohibition is a crime against humanity and a violation of the religious precept – heal the sick.
Pass it on.
Comments
2 responses to “The Marijuana Business”
Reefer madness? LOL. That was a cult classic for years (with good reason). completely nuts.
But, this is what THEY believed, and still believe.
I’m not sure anyone can stop the madness. But we have to try.