Why You Should Support Local Marijuana Business Over Big Using the Wine Business Model

August 24, 2016
AggregatedNews
Cultivation, Retail
0 Comments

In November, voters in as many as 12 states will see a marijuana legalization initiative on their ballots. Marijuana is already legal for recreational use in Alaska, Colorado, Oregon, Washington, and Washington, DC. Another 25 states have legalized medical marijuana. The era of marijuana prohibition is rapidly coming to a close.

Unfortunately, lawmakers lack easy answers to tough questions facing the marijuana industry. Legalization presents challenges on a number of fronts, including distribution, taxation, consumption, security, and public health.

In a recent article, I argued that the agricultural sector of the marijuana industry also presents a number of challenges. One paramount question looms over the rest: Will marijuana agriculture become consolidated, with “Big Marijuana” companies producing vast quantities of indistinct marijuana? Or, will small-scale farmers thrive by producing unique and local marijuana strains? [Read more at Quartz]

This Post Has 0 Comments

Recent Stories

Pot Industry High on Florida’s Marijuana Legalization Referendum

Voters will now get to decide whether to legalize recreational marijuana in a state that has a well-established medical pot marketplace. When the Florida Supreme Court earlier this month approved a November referendum on…

US Marijuana Industry Hits All-Time High

The legal cannabis industry is thriving in the U.S., reaching its highest-ever number of jobs and sales, a new report shows. Vangst, a cannabis industry job platform, found that at…

Black market marijuana tied to Chinese criminal networks infiltrates Maine

Maine is the newest frontier for the illicit marijuana trade, with potentially hundreds of suspected unlicensed grow houses operating in the state, a CBS News investigation has found. It’s part…

Iowa’s medical marijuana program is 10 years old. How does it compare with other states?

Ten years ago this month, Iowa policymakers made it legal to use cannabis for certain medical treatment, marking the start of what would eventually become Iowa’s existing medical cannabidiol program.…