Marijuana millionaires cashing in on cannabis legalisation

Warning message

The subscription service is currently unavailable. Please try again later.

Jeremy Moberg peers into a microscope at a leaf in a Petri dish. “Thrips”, he declares to a man wearing a facemask and surgical gloves. “We’ll get rid of those with neem oil.” Moberg spotted the pest while cloning in his greenhouse. He’s not your run-of-the-mill biologist or horticulturalist. The 41-year-old owns a marijuana farm with a multi-million dollar turnover in Washington state, USA, where the drug was legalised for recreational use in 2012. His expertise comes from two decades of growing illegally, deep in the woods, dodging the helicopter raids of drug-enforcement officers.

The smell of marijuana hangs heavy and pungent in the processing centre, where half a dozen people are clipping flower buds. “You’re trimming too closely,” he calls to one man working on his cheapest product as he walks to the boardroom. “Leave it shaggier and go faster.” Life is good for Moberg. He’s generated more...

e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 

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.