Medical marijuana vendors seek piece of D.C.’s pot pie

Several local entrepreneurs are putting together business plans and lining up financing to obtain licenses to operate five dispensaries and 10 cultivation centers for medical marijuana in the District of Columbia, The Washington Post reported.

Among the efforts is the Medicinal Marijuana Company of America founded by local lawyer Montgomery Blair Sibley. The company has found a New York Avenue warehouse at which it hopes to grow enough pot to make a profit in the first year, according to The Post.

But the District is only part of Sibley’s grand plan, which is to turn his growing operation into a national chain as ubiquitous as, say, McDonald’s. “I want to be the Ray Kroc of medical marijuana,” Sibley told The Post, referring to the man behind the golden arches.

via : Washington Business Journal

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