Monday, December 7, 2009

A modern day 'gold' rush!

Isn't life funny? We have had collapses of corporate giants, failure of the revamped financial system to jump start our economy and still allot of unemployment. What is absolutely crazy is the medical marijuana business in Colorado. Dispensaries are up and running, potheads are finally able to 'medicate' with their personal drug of choice.

It has made some entrepreneurs out of the most unlikely business executives. I was talking with the CEO of an incorporated dispensary and he was pulling in greater than $24000.00 gross per week. I have heard the same things regarding other dispensaries. There is a mad scramble to sell medical marijuana. What does a dispensary look like? Very busy, administering to the needs of good citizens who prefer pot to hydrocodone for pain management or other cursed ailment that can be effectively treated by marijuana. It was interesting meeting the "caregivers". The range was professional corporation to the one man operation offering quality product at reasonable prices.

The boom proves that people will pay a premium for medical grade marijuana. If the federal government ever caught on to the money that could be made in tax revenue, they would make it 100% legal and put the pot into a category from the Alcohol, Tobacco and Firearms division. Imagine Dino the neighborhood pothead, now a corporate icon. Doing what he loves to do and that is growing marijuana. He was doing it before it was legal and now that it is sort of legal, he can have some healthy plants growing without worrying about the local authorities confiscating his livelyhood. Dino is about to be a legitimate wealthy businessman.

Well we will surely see what becomes of this mad rush to wealth. Who knows maybe there will be a "pot" option for our new revamped healthcare plan.

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