USA. Will Cigarette Manufacturers Diversify Into Cannabis In Washington & Colorado?
So will the cigarette manufacturers spot an opportunity to open up a new business by exploiting legal marijuana and getting into pre-rolled joints? The question is not as far-fecthed as it sounds. Tobacco consumption is decreasing in many parts of the world as the health lobby has damaged sales. But cannabis use has been increasing steadily for decades. It is a new business opportunity and it is only a matter of time before someone decides to try it.
Legally there is nothing stopping pre-rolled cannabis joints being sold in states such as Washington and Colorado. And the tobacco companies need the cash, that factor will be all important. Read the Washington Post’s analysis below.
The full story is here https://www.washingtonpost.com/business/will-makers-of-cigarettes-jump-into-the-legal-marijuana-markets-in-washington-and-colorado/2012/12/19/c72746fe-4a0c-11e2-8af9-9b50cb4605a7_story.htmlDecember 20th 2012