Wall Street wants to reach marijuana entrepreneurs
New entrepreneurs of marijuana in the US dream of Wall Street. "We want to be the Marlboro marijuana," said Jeffrey Britz Reforma, one of the founders of Blackout, a company dedicated to the production of vaporizers for the industry.
Britz and its partners, Travis Belcher and Danny Davis, plan to develop their brand of vaporizers along with another brand, JuJu Royal, for which they closed a deal with Julian Marley, son of reggae legend Bob Marley.
They, like other cannabis investors are novices: just received their licenses last October. Like others, they want their share of the business of marijuana, valued at about 50 billion dollars annually.
The plan is clear: to develop a brand and once the industry is out of the shadows, sell.
"Once it's legal at the federal level, tobacco, distilleries (and up) Johnson & Johnson will participate. They will purchase us. We will not have the money...
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