Today investors from around the world are convening to discuss investments in cannabis-related products. The ArcView Group, a San Francisco investment consulting company, is hosting the meeting. And this time, the focus won't be on the growth and sale of marijuana. Instead, it's about all the other related products: lights for growing, portable cases for joints, etc. Ross talks to Roy Kaufman from ArcView for details.
Washington became one of the first states to legalize marijuana for recreational use in 2012. But there are a lot of challenges ahead: the state must set up a licensing system for marijuana growers and sellers, the federal government may mount a challenge, the need to set a new limit on amount of marijuana in the bloodstream for safe driving. And medical marijuana is still in the picture.Over the next several months we will be exploring the issue and tracking the impact of I-502.
