Medical Marijuana: Entrepreneurs And A Hungry Market

According to a story at CNBC.com, medical marijuana dispensaries are springing up in Colorado’s major cities like coffee shops, nail parlors, tanning salons or taco shops.

Though Colorado voters amended the state Constitution to allow the use and sale of marijuana for a variety of medicinal reasons ten years ago, the number of patients and dispensaries has skyrocketed in the past six months.

The city of Denver now has some 250 dispensary storefronts and Boulder has more than 100.

The state already has issued more than 66,000 cards that allow holders to purchase medicinal pot legally. A recent surge in applications has produced a six-month turnaround time for processing them. Since a temporary card is issued at the time of application, experts estimate more than 100,000 Coloradans now buy medicinal marijuana legally.

Photo by CNBC.

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