Two Retirees Create Marijuana Packaging Business in Colorado

The legal marijuana business has created a multibillion-dollar industry, including some interesting side ventures and spinoffs, and even unlikely entrepreneurs have found lucrative niches.

Among them are Deb Baker, a retired high school teacher, and Barb Diner, a former marketing executive, who both live in Denver and have been friends for 27 years. The two had found the relaxed retirement life a bit dull, so they would often bat around ideas that might be interesting to pursue and that could supplement their income.

In 2014, the nascent entrepreneurs saw a niche to be filled — child-resistant marijuana containers that would comply with Colorado’s newly mandated regulation.

On a market-research visit to a dispensary, Ms. Diner and Ms. Baker noticed some of the containers used there were made with chemicals that gave off an unpleasant odor. They thought they had a better idea.

“We thought consumers would want to store their...

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