Business | Schumpeter

The Marlboro of marijuana

The legal cannabis industry is run by minnows. As liberalisation spreads, that may not last

“FRESH and fruity, right?” says a bright-eyed young man behind the counter, wafting an open jar of something called “AK-47” under Schumpeter’s nose. “Whereas with this one”,—unscrewing another jar, fanning the scent up to his nostrils and closing his eyes in concentration—“I’m getting notes of dill.”

Drug dealers aren’t what they used to be. In Colorado, which in January became the first place in the world fully to legalise cannabis, buying a joint feels more like visiting a trendy craft-brewery than a drug den. Dispensaries along Denver’s “green mile” are packed with young, bearded men earnestly discussing the merits of strains with names like “Bio-Jesus” and “Death Star”. Some varieties claim to be inspirational, while others say they promote relaxation, or “couch-lock”, as the tokers call it.

This article appeared in the Business section of the print edition under the headline "The Marlboro of marijuana"

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