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Feb 6, 2018

Podcast: Learn About the Business of Marijuana with David Rheins

By Stash Team

The founder of the Marijuana Business Association talks the promise and challenges of this growing sector.

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The business of marijuana is growing up.

Nearly two thirds of Americans say marijuana should be legal, according to a 2017 Gallup poll. That’s up from 60% in 2016, and just 34% in 2002.

In the U.S, there are now 29 states that allow doctors to prescribe cannabis for medical purposes. Companies are exploring industrial uses for lubricants, fabrics and textiles, as well as plant-sourced ingredients for beauty and body care. Cannabis is also a real estate play — yes, real estate.

At the same time, the cannabis business faces a lot of legal and logistical roadblocks. And while the tide is slowly turning, there are forces (the Federal government and big banks) that are far from convinced that marijuana should be a financial force in America.

In this episode, David Rheins, the founder and executive director of the Marijuana Business Association, tells all about the promise and challenges of this growing sector.

Send us your questions at teachmehowtomoney@stash.com and we’ll try to answer them in a future episode.

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The information contained in this podcast does not constitute a recommendation from Stash to the listener. Neither Stash nor any of its officers, directors or employees makes any representation or warranty as to the accuracy or completeness of these statements, or any of the information contained in this podcast, and any liability, therefore, including in respect of direct, indirect, or consequential loss or damage is expressly disclaimed. The views expressed in this podcast are not necessarily those of Stash. Stash is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. In addition, the receipt of this podcast by any listener is not to be taken as constituting the giving of advice by Stash to the listener, nor to constitute such a person a client of Stash.

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