Jan 1, 2014

Now Colorado has a First-Mover-Advantage

From a previous post
Arguably the main producers of marihuana are Mexico, Paraguay, and South Africa, but if, like in the case of Colorado in the U.S., more states start legalizing pot markets, it might well be the case that in a few years the U.S. will become the leading producer of cannabis in the world. The legalization of marijuana in the U.S. responds to many causes, one of them is health benefits. By legalizing marijuana some states have won a "first mover advantage," which means that the producers, call some of them entrepreneurs, will have more time to experiment with new technologies, including marketing strategies and patenting, to place well their products in the world market place. 

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