It is easy to get wrapped around the taxes as far as the stupidly exorbitant retail price is concerned.
Clearly taxes are not making that weed cost $400 an ounce.
What is the reality.
Marketing hype of opening day: huge demand.
But it got me curious as to the entry barriers for the retail shops.
http://www.colorado.gov/cs/Satellite/Re ... 1646187389
[ch and corps will like that link especially]
Creating monopolies right out of the gate.
Yea. That'll work.
The very first sentence reads as follows:
In order to submit a Retail Marijuana Business License application you must own a operational Medical Marijuana Business, in Good Standing.
And from there it gets really sticky.
And in all that sticky are links to other requirements that are just as sticky; such as obtaining bonding.
Not going to do this without some serious lawyering. CH could make a green mint.
I'm dropping my plans to open a mom and pop retail pot shop (that's what I'd call it, really!). It just ain't gonna happen.