Tuesday, June 3, 2008

Medical Marijuana, legal and illegal


While medical marijuana is legal in California, federal law still bans the sale of it. Still, many entrepreneurs see business opportunities in the budding market for marijuana.


"Setting up a clinic “can cost as much as a hundred grand,” Ms. Wells reports. The equipment, the cuttings from which plants are grown and office space all tend to be expensive. And from there, the costs only grow, mostly in the form of legal fees. Many clinics keep lawyers on retainer.
Nonetheless, “this is the business model of the future,” says JoAnna La Force of Farmacy, an herbal remedy shop in Southern California. Ms. LaForce says her business is close to breaking even (medicalmarijuanafarmacy.com)"




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