Legalized marijuana creating new business in Portland

Portland, Ore.— The legalization of marijuana is already beginning to reshape the economy in Oregon. Entrepreneurs are looking for ways to profit from products and services that support this new industry.

"Every day my scale, my business plan is constantly changing because I'm realizing the opportunity is much larger than I would have imagined," said Noah Stokes, founder and C.E.O. of OmniGuard Security.

Stokes has expanded his existing company by opening a new division 'CannaGuard Security' that specializes in protecting legal marijuana operations.

"In the industry, if you talk to anybody who grows, has been growing or is currently growing, they've all been robbed," said Stokes.

Ancillary services like security, advertising and tourism are catering to the new marijuana economy.

"At the end of the day this is a business and these kinds of businesses selling marijuana need the same kind of services as ice cream, coffee or any other...

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URL: 
http://www.kgw.com/story/news/local/marijuana/2015/04/10/legalized-marijuana-creating-new-business-in-portland/25612485/