WWW.MARIJUANAVENTURE.COM VOLUME 2 / ISSUE 2 M A R I J U A N A THEVENTURE JOURNAL OF PROFESSIONAL CANNABIS GROWERS AND RETAILERS TAXED TO DEATHWILL WASHINGTON BUSINESSES BE ABLE TO SURVIVE? TOMMY CHONG FAMED FUNNY MAN CREDITS CANNABIS FOR LIFE, CAREER THE NEXT FRONTIER ALASKA PREPARES FOR LEGALIZATION FEBRUARY 2015 $6.99 JE SUIS CHARLIE! A MESSAGE FROM THE PUBLISHER Collapsing prices reveal Washington’s problems Cannabis regulations must mirror those in other industries couple weeks ago tential business killers, you end up in an A I received one of industry where the end costs to the con- those phone calls I sumer are grossly inflated. Combine those knew I was eventually costs and that environment with a parallel going to get, but dread industry — medical marijuana — that is just the same. A Wash- competing for the same customer, but with ington State-licensed a completely different cost structure and Tier 1 grower, who minimal — or no — regulations and tax- PUBLISHER had been selling marijuana profitably since es, the results are predictable, and exactly GREG JAMES early summer, was in trouble. His predic- what we’re now seeing. And it will likely
[email protected] ament was fairly straightforward — when get worse in the future. the wholesale price he sold his marijua- Legal recreational marijuana in Wash- EDITOR na for was $7-10/gram ington is going to go the GARRETT RUDOLPH ($3,500-4,000/pound), THE REASON way of the Dodo and the
[email protected] life was good. Once it typewriter unless some- SALES MANAGER dropped to around $4/ FOR THE DROP thing changes quickly.