Earlier
this year the Attorney General Eric Holder indicted that the DEA would end the
arrests on the state approved medical marijuana dispensaries. This has created
a booming business opportunity for those businesses whom have ties with the
marijuana industry.
Businesses
such as smoking accessories have benefited from the increase supply and demand
of the legalization of Marijuana. Websites such as , and online stores offering medical marijuana
supplies.
Other
businesses that has also received a boost in revenue, has been the hydroponic
industry. Hydroponicing has become a focal point in the Marijuana industry.
Companies such as GrowOp Technologies a leading hydroponic company. GrowOp
Technologies is putting marijuana growing on wheels for a fee of $10,000 to
$60,000.
Schools
have also become a popular option in the Medical Marijuana business. Marijuana
schools are offering a variety of curriculum's on the legalization and growing
of Cannabis. One of those schools is Oaksterdam University. Oaksterdam University
has locations in California and Michigan. Oaksterdam is driving the educational
process to educate the public on the do's and don't s of the cannabis business.
If you are looking for an online course
is offering curriculum's to take online.
HempCon
is an organization which produces and displays Medical Marijuana trade shows.
In February 2010 HemCon sold out the Los Angeles Convention Center. The show
was designed to promote the Marijuana industry, as a whole. HempCon is the
premiere Medical Marijuana trade show organization in the United States.
HempCon will be conducting their next trade show in the San Mateo Event Center
on August 6-8.
Not
to forget the dispensaries themselves. They are receiving record sales from
newly transformed medical marijuana patients. Insurance companies are also
getting into the action. Monarch E&S insurance is offering "Dispensary
Insurance." The insurance covers property and general liability which can
include limited theft coverage on cannabis stock and inventory.
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