I watched some interview of a guy who was a big player at the beginning of the Colorado Cannabis episode. He was immediately having issues on day one with the banking sector. His solution (at least twelve months into it) was the idea of buying a old bank building with the vault...hiring six to eight folks to run/guard the bank...and making their own bank structure. His idea was to make it into a place where the other such businesses would come. It didn’t sound to me like he was going to allow any US banking folks or audit folks to survey the situation.
You’re right. Security devices indeed ! ( coming soon by your local cartels )
Hippies finding out that Oregon is a pretty unfriendly business climate. even for hippies.
In 2018, California will start licensing marijuana businesses and growers for the recreational market.
They will blow by Colorado pretty quickly in these rankings.
Big deals are being put together for California startups. They are looking to establish dominant new brands under names like Bob Marley, and Cheech and Chong.
Nevada is looking to get into the business too, and they are being aggressive in allowing new firsts (like public sale/consumption in bars) to try and grab the tourist trade. No special licenses are needed for marijuana businesses in Nevada, so companies can already be starting up there - recreational sales began in July.
In a couple of years, Colorado may be back to mainly just supporting the habits of their local stoners, while most of the industry and support services get taken over by new players from out of state.
I know in Nevada some of the new legal Marijuana business is Mafia owned and friends of Harry Reid. But I repeat myself.
Get the kids on drugs. Yeah. Money in it.
They probably have the most drug rehab centers too in the country