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Thursday, January 07, 2016

Silicon Valley Sees Mega-Profits In Marijuana’s ‘Green Rush’

Small Colorado Mom-and-Pop stores are at the vanguard of the nation’s newest marijuana businesses, but, while the weed marketplace might look quaint from the Rocky Mountains, Silicon Valley billionaires are preparing to swoop down and take advantage of weed’s “green rush.”

The entry of billionaires who mainly seek profits has sparked deep anger among long-term activists who have toiled for legalization in the name of personal freedom, civil rights and racial justice.

An internal split became public recently when Dan Riffle, a highly regarded federal policy staffer at the Marijuana Policy Project, publicly quit over the organization’s decision to court big corporate money.

Billionaires profiteering over marijuana doesn’t sit well with long-time activists.

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4 comments:

KBinLA said...

It really is time for the US citizenry to reign in on big business. For far, far too long now our government and it's regulators have allowed American business to amplify and dilate unchecked. Mergers, buy outs, take-overs on and on. Business growth to the point of control. Control of us and our government.

Anonymous said...

Gosh, wouldn't it be just peachy if government, business and religion were all bundled together and unified as an easy to swallow pill?

Anonymous said...

better them than the Mexican drug cartels.

Anonymous said...

Your Councilman Matt Holloway is drooling at this opportunity to strike it rich!!