Surprise Me!

Budding weed industry rolling in profits

2014-02-11 237 Dailymotion

(SOUNDBITE) (English) PETE WILLIAMS, COO OF MEDICINE MAN SAYING:<br/> <br />"My future is so bright, I've got to wear shades."<br/> <br />Indeed, for Pete and Andy Williams, the CEO and COO of this marijuana retailer in Colorado, the economic future is looking pretty good.<br/> <br />After the state passed laws to legalize weed for recreational use, their budding young business, the Medicine Man, has been booming.<br/> <br />(SOUNDBITE) (English) PETE WILLIAMS, COO OF MEDICINE MAN SAYING:<br/> <br />"I want to have a medicine man in every state that is legal and I think every state will at least go medicinal legal if they don't want to lose their residents. So I want to have medicine man be the Costco or I like to say the Kleenex of marijuana."<br/> <br />The pot industry is set to make some $578 million in annual revenues for the state.<br/> <br />And economists say that kind of money is bound to draw attention from other states struggling economically.<br/> <br />(SOUNDBITE) (English) MAC CLOUSE, PROFESSOR, UNIVERSITY OF D

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