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Legalizing marijuana creates small business opportunities

LEREXIS/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. New Jersey, South Dakota, Montana, and Arizona voted to legalize recreational marijuana this year; Mississippi legalized medical marijuana. On Thursday New Jersey lawmakers gave the nod to a bill setting up a regulatory framework for cannabis business in the Garden State, bring actual sales a bit closer to reality. Each state represents a massive opportunity for local entrepreneurs both those who want to directly handle marijuana and professionals in businesses supporting the industry. Marijuana s semi-legal status makes it hard to operate across state lines, opening up room for a local cottage industry composed of licensed professionals like doctors, bankers, and lawyers.

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