You are here
Home 🌿 Marijuana Business News 🌿 Marijuana Sales Soon Legal In Oregon, And WA's Highest-Grossing Pot Shop Is Bracing For Competition 🌿Marijuana Sales Soon Legal In Oregon, And WA's Highest-Grossing Pot Shop Is Bracing For Competition
Two years ago, brothers Adam and Ramsey Hamide, both in their thirties, were self-employed online ticket brokers. Today they run Main Street Marijuana, the largest grossing marijuana retail store in the state of Washington, ringing up $3 million in sales last month. The store is located in Vancouver, near Washington’s border with Oregon and only 15 minutes from downtown Portland, so a large portion of the store’s customers come from Oregon where there have been no legal recreational marijuana sales.
Unexpected challenges have punctuated the brothers’ road to success. In their first month of sales, the pair did not fully understand the tax code they were working under, and did not charge high enough prices to cover the taxes they would have to pay. “The more the store sold, the more money it lost,” said Adam Hamide.
Soon after that, state-wide marijuana shortages caused the store to close for...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.
Follow us on Instagram
Connect with us on Linkedin