Marijuana moms shatter the grass ceiling

About 20% of marijuana business owners in the U.S. are women

Suburban moms selling marijuana is no longer just the plotline of the Showtime series “Weeds”. It’s a growing reality.

Women are increasingly entering the marijuana market as business owners and customers, as the legal obstacles are gradually cleared and retail spaces grow in number.

Women Grow, a Denver-based industry network for women in the cannabis market, estimates that about 20% of marijuana business owners in the U.S. are female. (Women-owned companies comprise about 30% of all U.S. businesses, but as the majority are nonprofit, they account for just 4% of overall business revenue, according to a 2014 report by the National Association of Women Business Owners.)

In Colorado, the proportion of women in the medical marijuana patient population has grown to 35% in 2015 from 28.5% in 2009, a trend Cassandra Farrington, chief executive of Marijuana Business Daily,...

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URL: 
http://www.marketwatch.com/story/suburban-moms-selling-weed-is-no-longer-just-a-tv-plotline-2015-07-09?page=2