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Home 🌿 Marijuana Business News 🌿 Hitting Pot Jackpot? Tribe Starts Medical Marijuana Cultivation 🌿Hitting Pot Jackpot? Tribe Starts Medical Marijuana Cultivation
Another California tribe has announced its venture into the medical marijuana business. The Torres Martinez Desert Cahuilla Indians in Thermal, about 32 miles southeast of Palm Springs, recently entered into a partnership with Red Crow, a Native-owned cannabis company that designs, builds, manages and finances marijuana growing facilities for medical purposes.
“We are an impoverished tribe with a small casino that is barely keeping its head above water. We don’t have the cash flow like other tribes that have found success,” Mary Belardo, executive assistant to the tribal chairwoman, explained the reason for striking the deal. “The whole concept has potential to be an economic boom for the tribe, if done properly.”
While marijuana continues to be illegal at the federal level, 23 states—including California—have legalized it for medical use only, reports the Pew Research Center. According to statistics on the Red Crowwebsite, the Golden State outshines all...
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