i heard /biz/ was high IQ can i open a weed shop now in cali?

>>1613940
I would suggest you invest in commodities such as oil. I am 100% sure that everything is going to increase in value during the reign of president trump.

>>1613940
Weed is a bubble. There are more pot shops in Colorado than Pharmacies. Everyone thinks it's free money. Don't fall for it.

>>1613940
weed is still illegal under federal law, it's still a gamble

http://www.bloomberg.com/news/articles/2016-11-13/legal-weed-crowd-s-election-night-euphoria-turns-wary-on-trump

>>1613948

What about gold?

>>1613956
that honestly won't effect anything, people have been saying for years that weed faces too many obstacles, but if that were true then we wouldn't have 9 states that have it legalized. Weed WILL go to the moon.

>>1613954
Weed is here to stay, and some of these companies are going to grow exponentially. It's a gamble, I'd recommend op to do his research and invest in a company he has faith in.

>wants to do the exact same thing thousands of people are doing
>starts a project with aims towards being a millionaire
The formula for failure, ladies and gentlemen

>>1614912
This to be honest. Find something boring that generates a lot of cash.

I make custom closets and libraries.

>>1614916
Jay?

>>1613991
Gold is when righttards are scared. That won't happen for awhile ( the God emperor circlejerk will keep them content for awhile).

Oil will increase.

>>1614301
Going secondary market would be my advice. Sell small plants not the weed. Bigger margins, less hours than having a shop. Also less of a investment, as a few good plants as source material can get you far. It does require skill with plant multiplying. So practice on some herb like garden plants before starting.

>>1613940
Coloradoanon here.

what actually happened here is counties and cities quickly limited how many weed stores and grows are allowed in each area. Permits were sold on a first-come first-served basis.

meaning the first people to both apply and have all the required paperwork done (including fees up to and over $100k) got permits to start stores or greenhouses.

those are the people that make millions. In my town for example we have ~8000 people, 3 weed stores, and 3 grow operations. As you can see your odds are slim, and you have to move really fucking quick to get a permit. It's best if you already know what you need to apply, and have a good solid idea what needs to be done to start your business.

from what I've seen the businesses in my town have started with investments of $1-$15 million each.

>>1613940
in the off chance you're serious, you can open a dispensary in CA if you're legally qualified to own a medical supply store/whatever other requirements to own a dispensary.

with regards to one that sells the stuff for recreational uses, i think you gotta wait until 2018. even then, places like CA, CO and WA will have a lot more competition among their weed shops.

if you're actually 100% dead serious (you probably aren't), then maybe try another state where they just legalized it, like MA. you'll be waiting until 2018 there as well btw.

tl;dr - if you wanna get started now AND you're serious about it, pack up your shit because you're moving to denver, CO.