The legal marijuana industry is looking to create more than a quarter million jobs and $2.3 billion in state tax revenue by the year 2020. With cannabis taking over Jared Cotter decided to take a closer look at the people who are already working in the industry in unique ways and cashing in... legally!
Joel Schneider quit his job as a lawyer to move to Colorado when the state legalized marijuana... But he ran into a problem. It's one thing to be able to purchase cannabis, but once you purchase it you need a place to smoke it correctly. He started the Bud+Breakfast to give people from all over the world a place to come, make friends and smoke. Now his business is booming! They're averaging 80 percent occupancy for the year so far and Joel sees cannabis blazing a trail into the future.
2. Jane West
Jane saw that same future, but it sparked a different idea. There are so many home goods and accessories that will go with the legal lifestyle of the future and that's exactly what she is designing for. Her glass collection is distributed to weed users worldwide. When people live the legal lifestyle in a state that's ended prohibition these are exactly the type of products that they'll have out for guests as well.
3. My 420 Tours
The president of the company JJ Walker and CEO Danny Schaefer are using their ganja gig to educate others. They have everything from a sushi joint-rolling class, to a traditional type of tour where they go through a grow and a couple dispensaries. This allows people to explore and experience the industry while gaining a better understanding.
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