Rocky Mountain high: Pot a $200M industry in Colorado
The Seattle Times (US)
Saturday, January 5, 2013
Saturday, January 5, 2013
Vigorous regulation of a thriving medical-marijuana industry in Colorado offers the best glimpse of what is coming to Washington when it launches its voter-approved social-use market. With continuous surveillance, bar-coded plants and strict financial background checks, Colorado's rules allowed capitalism to be unleased, creating an instant $200 million industry. With retail prices — averaging about $7.50 a gram — among the cheapest in the country.
