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11/07/2012

Rocky Mountain High

In Bolder, Colorado the economy has gotten a boost from the medicinal "weed" industry. The state has passed laws that say; if you are licensed to grow and sell the product then you can. The local economy has boomed with the growth of this new product, it has had an impact on the real-estate sales. There were unused buildings throughout Bolder county and the new business jumped in on the chance to get a new facility. The Federal Gov. has made it hard on the growers and sellers, not just in Colorado though, in the other fifteen states that you can legally grow and sell it too. They still count it as an illegal drug. They don't want it to get in the had of recreational users of a wannabe drug lord. This is a new and very risky industry because the Federal Gov. told the banks that if they gave out loans then they would also be participating in illegal activities. It could possible be one of the most valuable industries in Colorado right now because of the impact it is having on the economy. Some people are saying that its the green rush, not just because the product is green but because of all the revenue it brings in.      

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