Legalized marijuana: Capitalizing on cannabis or profiting from potheads?


420 is a mega-marijuana mart in Olympia, Washington — a big box store selling pot from local producers with names like “time bomb.”

But business is certainly booming, according to owner Chad Champagne, and there was a steady stream of customers the morning and afternoon Global News paid a visit to the store.

“Demand is high,” Champagne told Global News. “People now feel comfortable coming in and buying pot.”

He said his customer base is a bit older than many might expect. “People in their mid-40s and mostly male.”

The cash-only joint is run like Fort Knox, with three different security systems and night patrols.

But in the backroom, vaults are filled with the green stuff rather than greenbacks.

Washington state law allows for adults over the age of 21 to purchase pot to be consumed in the privacy of their own homes. Initiative 502 made recreational pot...

e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.