TV News LIES

Saturday, Apr 19th

Last update01:36:33 AM GMT

You are here News Domestic (USA) Colorado's new growth industry: pot

Colorado's new growth industry: pot

E-mail Print PDF

Colorado pot industryTwo hedge-fund partners — monogrammed shirts, taut Windsor knots, cuff links — step into a hipster cafe called Sputnik on an unorthodox mission.

They are meeting a business consultant to discuss a way to boost share prices at one of their portfolio companies, which sells indoor garden kits for tomatoes, herbs, flowers and salad greens. Their idea is to tap into a new market, one they need to be discreet about for fear of blemishing the publicly traded company's reputation: Marijuana.

Similar meetings have been taking place across Colorado in the two months since state voters approved a constitutional amendment allowing the adult use of recreational weed. The state has become a nucleus of the rapidly evolving marijuana industry, offering a glimpse at what life might be like if weed is legalized nationwide, with companies, entrepreneurs and investors maneuvering for a piece of the expected boom.

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.

More...


Most Recent Related Stories...


SC Mayor Who Fired Lesbian Police Chief Caught On Tape In Homophobic Tirade

SC lesbian police chief firedThe mayor of a tiny South Carolina town has triggered protests, prayer vigils and even a...

Blast on site of explosives plants kills 1

Blast at explosive plantAn explosion and fire at a Tennessee plant where several ammunition and explosives businesses are based...

Author Michael Ruppert dies of self-inflicted gunshot wound

Michale RuppertNationally known author Michael Ruppert died Sunday of an apparent self-inflicted gunshot wound in Calistoga where...

Detroit makes deal with retired cops, firefighter

adetroit pension dealThe city of Detroit reached a deal with a group of retired police officers and firefighters...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!