The way we measure business success is different now than it was in the past. The estimated worth of a small or large company means more than the amount of cash they hold in their business checking account. The economy, thriving industry, wealth distribution of citizens and a number of other factors establish what forward thinking business model maintains the loftiest financial outlook.
But the end result is to look at the bottom line, and it’s hard not to give marijuana a standing ovation for it’s usefulness in other government offices – oh, and it’s making some average Joes pretty darn rich, too. So far, it appears even the government has provided small cannabis operations in Colorado with the level of support that many have grown to admire.
So much support, in fact, that Bernie Sanders is resting his presidential laurels on legalizing marijuana nationwide.
Marijuana: Too Hot to Handle?
While marijuana and DUIs in Denver are still a work in progress according to Denver Weed, one thing that is probably more problematic is counterfeiting and synthetic marijuana production. It used to be that counterfeit crime was never considered to be the most serious of crimes, with many market places and independent traders thriving on the ability to sell goods that were similar to the big brand names but at a fraction of the price. With marijuana being “legal” (used loosely) in Colorado, street dealers are springing up to try and pander cheap bud in an attempt to undercut legitimate operations. Moreover, synthetic cannabinoids are dangerous – regardless of their ROI potential.
Sure, plenty of people dream of striking it rich in the Colorado marijuana industry, and there are plenty of advantages to setting up your own company in Colorado. You get to decide how things are run, you’re your own boss and you get to finally see your dream product or services become a reality. Before you start printing out business cards, it would definitely help to research laws, distribution, growing laws and price points to deter any future letdowns. Also, learn about your locality and who is attempting to ‘rain on local parades’.
Limitless Growth Potential – Literally
Imagine if every available acre within Colorado’s borders was monetized with 150 types of cannabis. Then imagine you, an inspiring entrepreneur, having your hands in the industry early enough to benefit from stocks, investments and ownership in franchised store fronts. Well, all of the above are real possibilities, with many businessmen from all 50 states realizing the financial impact Colorado’s still infant marijuana boom could have on their retirement plans.
Politically speaking, even the governor is getting involved by safeguarding marijuana crops and destroying unapproved plants. The state hired a marijuana coordinator. It’s insane to wrap your head around, but it’s true.
State law makers realize the potential profits schools could realize, too, having just approved medical marijuana for students in medical need. It’s widely known that the endocannabinoid system regulates almost every biological process in human bodies and has evolved to not only restore human body’s homeostatic balance when it is ravaged by disease, but to prevent the development of diseased states in the first place. All scientific studies aside, law makers know the potential profits medicinal marijuana has.
Yes, the budding bud business is booming in the once sleepy state of Colorado, and it’s only a matter of time before great new inventions come about from the cannabis industry. Maybe it’s time to educate yourself on the ROI potential marijuana has in your state, because soon enough, it will be legalized and ready for investments.
