Pot 101: Entrepreneurs offer cannabis classes
In Colorado, 'THC University' looks to train people going into the booming marijuana business.
Medical marijuana is legal in nearly 20 U.S. states, and adults can smoke pot recreationally now in Washington state and Colorado. And starting next year, stores legally selling recreational marijuana are scheduled to open in Colorado.
Those facts have inspired a group of budding young entrepreneurs looking for a niche in the cannabis market to come up with a potentially profitable idea: Develop a program to train people to not only grow marijuana, but to prepare for potential careers with marijuana growers, manufacturers and dispensaries.
"The medical industry is already thriving, here the recreation industry is about to boom and there's no source here in Colorado for people to really get a professional education in the field," says 24-year-old Matt Jones, co-founder of THC University. "There's no standard for educating the workforce for this industry."
Over the weekend, about 20 people attended THC University's first class, "Growing Marijuana 101," in a rented room at an educational complex in downtown Denver.
No marijuana was allowed in class. Instead the students practiced on tomato plants as they learned how to grow and cultivate cannabis -- using information gathered from local cannabis industry veterans.
Jones and his business partner Freeman LaFleur decided to create a course for people who want to grow marijuana at home -- as well as for those with an eye on the industry.
"Right now were are in a grey area," Jones says. "Recreationally it's legal to smoke [in Colorado] but it's illegal to buy or sell. The only way you can get the plant is if you grow it on your own."
Students at the Marijuana 101 class paid $175 for the one-day seminar -- or $275 for the course plus a year of 24-hour tech support once their plants are growing.
Demand is such that the university is now offering 14 courses, both in a classroom and online.
And Jones says he and his colleagues are working with marijuana producers and dispensaries to create a curriculum that produces the kind of employee the cannabis industry wants and needs. They're also creating an online jobs board where graduates can find employment and where companies can search them out.
Marijuana is still illegal under federal law, and Jones says the new cannabis industry needs employees who are more than just, in his words, "enthusiastic potheads" -- people who not only know their product well, but who understand their legal responsibilities.
"Our generation has such a unique opportunity," he says, "a chance to get into an industry that's just beginning. My advice is to start planning, start doing. Start connecting."
More on moneyNOW
I don't smoke marijuana, but I've seen enough studies on the plant's cancer healing powers to hope that with it becoming legalized, there will be more research done on this property of the plant. The only people who probably don't want to see cures for cancer that don't cost hundreds of thousands of dollars are several of the medical equipment companies and pharmaceutical corporations - they same guys who continuously lobby to keep this plant illegal.
Sure, why not, It's only a weed but to get the maximum potency from it takes a learned skill.
I haven't lit up in many years but I think it is much less dangerous than alcohol.
I will grow for me only, no sales. I am not giving the government ****. By the way, **** all liberals and MSN.
Until we get these old farts out and replace them with more informed open minded people it will always be federally illegal.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The Nasdaq Composite (+0.5%) and S&P 500 (+0.2%) posted modest gains on Thursday, but not before enduring a morning dip into the red, which took place in reaction to reports indicating Russia has commenced military exercises on the Ukrainian border.
The news from Europe knocked the key indices from their early highs, while giving a boost to safe-haven assets like gold futures (+0.5% to $1290.80/ozt), Treasuries (10-yr yield -1 bps to 2.69%), and the Japanese yen (102.30 ... More
More Market News
The new restaurant, the first of which will open this summer, features premium tacos, fries, craft beer and wine.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'