Marijuana Industry vs The Patients
Everyone wants to get in on the marijuana business. States are making it legal and business is booming. Many entrepreneurial ventures can be started from merchandise to accessories to marijuana itself; many millionaires will be minted. Founders Fund, a major institutional funding company, and Privateer Holdings have invested in a Canadian medical growing facility, Leafly, and Marley Natural which grows recreational strains branded with Bob Marley’s name. MedMen marijuana (operational) consulting firm raised over $3.7 million from large institutional investors. British pharmaceutical giant GW has marijuana stock available as an investment opportunity. The people behind movements like these are politicians, celebrities, and capitalists who have money to burn and want to strike gold in recreational marijuana.
But where does that leave medical marijuana patients who have seen an industry emerge into a commercial product for all? Major reservations are being expressed by the medical marijuana community about how commercialization of...
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