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Can DC Cash In On Marijuana Despite Congress' Chokehold?

Submitted by Marijuana News on Sun, 03/01/2015 - 13:33

by Kiley Kroh Posted on March 1, 2015 at 1:32 pm Updated: March 1, 2015 at 2:38 pm

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"D.C. Residents Won’t Let Congress Blunt Their Enthusiasm For Legal Pot Business"

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CREDIT: AP Photo/Elaine Thompson

On the first weekend after the legalization of marijuana in the nation’s capital, a sell-out crowd gathered in a hotel ballroom with the same basic mission: Learn how to capitalize on the economic opportunity that’s headed for D.C., the so-called “Green Rush.” Conference attendees, who paid up to $299 for the weekend, listened to presenters talk about securing investors, navigating complex tax issues, and cultivating customers along with your plants.

The unique challenge in D.C. is that Initiative 71, which went into effect on Thursday, only permits the home cultivation and possession of small amounts of marijuana. Buying and selling are still illegal,...

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Washington D.C.

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URL: 
http://thinkprogress.org/justice/2015/03/01/3628358/dc-marijuana-convention/

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