• Joel Brown

    Staff Writer

    Joel Brown

    Joel Brown is a staff writer at BU Today and Bostonia magazine. He’s written more than 700 stories for the Boston Globe and has also written for the Boston Herald and the Greenfield Recorder. Profile

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There is 1 comment on Plenty of Fresh Ideas at Questrom’s Cannabis Start-up Competition

  1. May the well funded offspring of the wealthy step right up to take the opportunities away from those who fought tooth and nail for the legalization efforts for both medical use and personal recreation. And thanks to state legislators, may the corruption commence! How many people spent 30k of their hard earned money in the application process with the state to get a license to open a medical marijuana dispensary only to be denied the license and the money gone, non refundable.

    SO, let the profits role in, but where do we keep the cash? Banks don’t seem to be interested in holding money earned through sale of product deemed illegal the federal government?

    http://www.sandiegouniontribune.com/business/sd-me-pot-banking-20170210-story.html

    and finally, let us not forget the current political climate, with a pot hating Keebler Elf running the justice department. How easy can the Feds flip the switch off for the marijuana industry and simply move in a confiscate the profits generated by federal crimes. Technically, anyone growing more than 100 plants faces mandatory sentencing under the federal prison guidelines. In fact, not long ago the Feds imprisoned actor Tommy Chong, for what? For selling pot pipes and bongs, and spent 9 months in jail and had to forfeit almost 125k in the process, not a bad sting for the Feds, but they have big eyes on opportunities with greedy hands. My fear is that the growing hatred between the right and left will result in the right wing pot haters swooping in the kill (aka confiscation).

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