In response to  Nurhian’s blog, I definitely agree that the legalization of marijuana would create great opportunity for businesses and the economy. As an increasing number of states in the US are voting to legalize weed, there is increasing interest from entrepreneurs and investors.

It is no secret that the legalization of marijuana would generate enormous amounts of money into the economy. I agree that many entrepreneurs would be extremely interested in entering this market. Take Washington and Colorado as examples. These two states have had a great deal of growth in their economies.

I can see how many entrepreneurs are itching for the opportunity to get into this market. I also agree with Nurhian’s point, that it will be interesting to see how business will compete and stay stable with such a sudden change. There is a very large chance that consumers will face information overload. These entrepreneurs will need to differentiate themselves from their competition, and position themselves into the mind of the consumer. Because this is a new and emerging market, it is anyones game.

Works Cited

“Why Legalizing Medical Marijuana Will Make Investors Extremely Wealthy.” Forbes. Forbes Magazine, n.d. Web. 07 Nov. 2014.

Mcgee, Suzanne. “Two States Vote Today on Legalizing Marijuana. Prepare for the ‘Green Rush'” The Guardian. N.p., 04 Nov. 2014. Web. 07 Nov. 2014.

Photo: http://d23jjfgld6ecyg.cloudfront.net/group_thumbnails/61/255×310.jpg

Photo: http://assets.dnainfo.com/generated/chicago_photo/2014/02/legal-marijuana-1391545174.jpg/larger.jpg