Starting a weed business isn’t easy. It can take $1 million in startup capital to even get a license. And to keep a cannabis business going? That means jumping through complicated regulation hoops. If they can play the game right, cannabis entrepreneurs could be set up for success in an exploding marijuana industry. But with weed still federally illegal, companies could face fines or jail time if they don’t follow the rules. We visited three companies in Colorado and Oregon to see how they’re dealing with the ever-changing regulations. Could things get easier if weed becomes federally legal?
MORE BIG BUSINESS VIDEOS:
Why Olympians Are So Broke | Big Business
Big Business Season 2 Marathon: Farming
Why The World’s Most Popular Banana May Go Extinct | Big Business
#Cannabis #Weed #BusinessInsider
Business Insider tells you all you need to know about business, finance, tech, retail, and more.
Visit us at: https://www.businessinsider.com
BI on Facebook: https://read.bi/2xOcEcj
BI on Instagram: https://read.bi/2Q2D29T
BI on Twitter: https://read.bi/2xCnzGF
BI on Amazon Prime: http://read.bi/PrimeVideo
Why Starting A Marijuana Business Is So Hard | Big Business