Sunday, March 20, 2011

What Are You Smoking - Marijuana, the Next 60 Billion Dollar Industry

The legalization of Marijuana in California and 15 other states opens a new market for suppliers of pot-making equipment and materials. From special drains, lights, and humidifiers to an iPhone App for monitoring growing conditions, a burgeoning market surrounds the legal cultivation and production of pot. Until recently, much of this commerce has been underground, but legitimacy has prompted the launch of several IPOs, the focus of the article below. As with any new supply market, the technology crucial to its survival underground provides the strong foundation for its legal success. For example, the article describes weedmap.com, which tracks pot dispensaries across the nation. So grab a bag of Doritos and read the article.

Read the article.

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