Pot exec: Marijuana not the gold mine some expect

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m01229 of the city limits sign for Weed, California, in Siskiyou County.

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Just like the gold rush of the mid 1800s, thousands are looking to make it big in California’s new recreational cannabis industry.

But if you’re planning to start a new business growing, selling or manufacturing cannabis and related products with expectations of easy money, think again, warned Chip Allee, recent transplant from Colorado to Clovis.

“My feeling overall is it’s crabs in a barrel — over regulated, overtaxed, a very difficult industry to survive in Colorado and everywhere else,” he said, using the metaphor of live crabs

... read more at: http://www.thebusinessjournal.com/pot-exec-marijuana-not-gold-mine-expect/