COLORADO CANNABIS CEO: MARIJUANA WILL EVENTUALLY BE TRADED LIKE ANY OTHER COMMODITY

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Ryan Fox, founder and chief executive of Denver-based cannabis producer Kindman, says the legal marijuana industry is still evolving and that current cannabis shortages reflect the sector’s growing pains.

Here in Colorado we recently completed the second annual “420” celebrations since the legalization of recreational marijuana in early 2014. And for second straight year, cannabis dispensaries in Denver and elsewhere were crowded with happy consumers during the 420 weekend; people from all over the country and around the world, ready and willing to take part in the festivities.

But now a lot of retailers in the state are finding themselves facing cannabis shortages, and that lack of pot on the shelves shows some of the challenges the legal marijuana sector faces as it matures and grows.

Someday, and in the not-too-distant future, cannabis will be traded just like every other commodity—just like cotton or oranges. And just as orange...

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