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re: CO Annual Marijuana Sales Top $1B For First Time

Posted on 12/13/16 at 12:24 pm to
Posted by Mung
NorCal
Member since Aug 2007
9054 posts
Posted on 12/13/16 at 12:24 pm to
just think how much it could be if they were allowed to use banks and credit cards. the all cash requirements really hurts growth.
Posted by HippieTiger
Boulder, CO
Member since Oct 2015
2129 posts
Posted on 12/13/16 at 12:25 pm to
I've been places you can use a card, but I believe debit only. It will take time but that aspect of it will get to where it needs to be eventually
Posted by Watchmaker
Member since Aug 2016
768 posts
Posted on 12/13/16 at 12:31 pm to
quote:

just think how much it could be if they were allowed to use banks and credit cards. the all cash requirements really hurts growth.


The potential is five times what it is now, maybe ten. The restrictions are mind boggling. The secondary markets are also holding back getting involved.

Recently I had an AC/heating man over to fix a problem. I asked him if they were getting work installing grow rooms. He said they were avoiding those jobs until the feds made a decision. Its perfectly legal to grow according to Colorado law, but it could still be a federal issue. So they wait. All sorts of secondary and tertiary business are waiting to explode.
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