A Budding Business
The fast-growing, controversial cannabis industry is said to be a supportive haven for female entrepreneurs. Intrigued, we took a closer look.
“Reefer Madness.” Cheech and Chong. “Half Baked.” American pop culture tends to depict cannabis as either a joke or a danger. But amid a shifting legal landscape, an active group of entrepreneurs now see it as a serious business.
Of course, in most places and cases, cannabis is illegal. In the United States, the federal government classifies cannabis as a Schedule 1 Drug, and most states similarly consider at least some forms or uses of it to be illegal. However, over the past three years, four states — Alaska, Colorado, Oregon and Washington — have fully legalized both medicinal and recreational cannabis, paving the way for a lucrative new industry.
Clearly there is a market for marijuana, as many Americans already use it, regardless of its legal status....
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