Growing profits for medical marijuana businesses

Click here to read the full article written by Dan Weaver at Channel 9 News:

Lakewood, Colorado – “George Archambault thought he was taking a big risk when he opened Mile High Horticultural Supplies just over a year ago, and after several months of slow sales, he was worried about missing some of his mortgage payments.

“For those first five months, I was really terrified,” he said. “I dumped everything I had into this business, didn’t really know if I was going to make it.”

Then, this past summer, sales of his indoor grow lights, ebb and flow tables and nutrients for hydroponic growing took off. Now, he can barely keep up with demand.

“It’s reasonable to assume that a lot of it is a result of the medical marijuana laws that have passed recently,” Archambault said.

While the equipment at his shop has traditionally been used to grow vegetables, flowers and ornamental plants indoors, many marijuana growers are starting to use the same equipment…”


One Response to Growing profits for medical marijuana businesses

  1. Pretty thought-invoking post – raises some interesting points for debate. I just stumbled upon your blog this morning and wanted to say that I have really liked browsing some of the posts. Anyways, I’m subscribed to your feed and I hope to read more very soon!

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