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Medical Marijuana is a Booming Business

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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 GotVape.com, VaporHerb.com 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 medicalcannabisacademy.com 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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Source by Garava Ent

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