US: Legal marijuana business strategy
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Colorado and Washington became the first two states legalized
Examine the current business strategy and development supported by examples from research.
* Business strategies may include what differentiates the states , its position around technology, its organizational characteristics, and so on.
* Your examination of the two strategy includes how it approaches the problem or issue addressed in the case study.
* Your discussion must reflect a correct understanding of the concept of strategy (distinct from tactics).
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Solution Summary
This posting examines the business strategy in the marijuana legal industry in the United States.
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Colorado and Washington legalized marijuana for people 21 years for their consumption. Colorado also allows processing and production for personal use. Washington citizens must have a medical recommendation for legally growing their marijuana. In Colorado, the legalization has led to lower prices for marijuana, new entrants in the marijuana industry, and lower demand for illegal drugs. In Colorado, licenses are required for growing, distributing, and retailing marijuana. At the same time, Colorado has faced more marijuana-related poison-control calls, emergency visits, ...
Education
- MBA, Indian Institute of Social Welfare and Business Management
- BSc, University of Calcutta
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