Entrepreneurs in Michigan turning to the burgeoning medical marijuana business are finding a steady, modest income, observers said.
Nineteen months after Michigan voters legalized marijuana for medicinal use, a growing cottage industry of growing, selling, consulting, educating growers, and some work for lawyers has blossomed in the state, the Detroit Free Press reported Monday.
"A few people will make a few bucks. Most people won't make much," said Adam Brook, who organizes the Hash Bash, an annual event in Ann Arbor, Mich., that began in 1972 when the state was temporarily void of anti-marijuana laws.
Medicinal marijuana growers in Michigan are now called caregivers and are allowed to grow enough for five patients, each of which is allowed to lay claim to 12 plants.
That limits a growers income to roughly $40,000 a year although more can be made by those who break the rules.
Brook said growers can make $100,000 a year by selling to more than their allotted five customers.
"If you operate within the law, you're not going to make a lot of money," said Leili Russo, the secretary of the Genesse County Compassion Club, the state's largest membership group of medicinal marijuana users with 1,000 members.
NewsHawk: Ganjarden: 420 MAGAZINE
Source: The PoliJAM Times
Contact: The PoliJAM Times
Copyright: 2010 Breaking News, Politics, US and World News, and Entertainment - The PoliJAM Times
Website: A growing business: Marijuana in Michigan
* Thanks to MedicalNeed for submitting this article
Nineteen months after Michigan voters legalized marijuana for medicinal use, a growing cottage industry of growing, selling, consulting, educating growers, and some work for lawyers has blossomed in the state, the Detroit Free Press reported Monday.
"A few people will make a few bucks. Most people won't make much," said Adam Brook, who organizes the Hash Bash, an annual event in Ann Arbor, Mich., that began in 1972 when the state was temporarily void of anti-marijuana laws.
Medicinal marijuana growers in Michigan are now called caregivers and are allowed to grow enough for five patients, each of which is allowed to lay claim to 12 plants.
That limits a growers income to roughly $40,000 a year although more can be made by those who break the rules.
Brook said growers can make $100,000 a year by selling to more than their allotted five customers.
"If you operate within the law, you're not going to make a lot of money," said Leili Russo, the secretary of the Genesse County Compassion Club, the state's largest membership group of medicinal marijuana users with 1,000 members.
NewsHawk: Ganjarden: 420 MAGAZINE
Source: The PoliJAM Times
Contact: The PoliJAM Times
Copyright: 2010 Breaking News, Politics, US and World News, and Entertainment - The PoliJAM Times
Website: A growing business: Marijuana in Michigan
* Thanks to MedicalNeed for submitting this article
