Wednesday, April 20, 2011

Can you profit from pot ? Opposition against it is going up in smoke


Hard times, meet high times.

Freewheeling California and Colorado typically come to mind whenever anyone mentions easy access to marijuana, even for medical purposes. But with state-budget crunches forcing lawmakers nationwide to expand their minds to new revenue sources, opposition to pot is going up in smoke.

In a trend that experts say is likely to continue, even a number of states you don't normally associate with flower power or the '60s are approving medical-marijuana sales.

"One of the reasons we are seeing states having more of an interest in cannabis is because of the revenue it can generate," says James Pakulis, the CEO of General Cannabis (CANA, news).   Story here

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