Marijuana Business Incubator Launches In Texas As Entrepreneurs Anticipate Legalization

"The Texas Cannabis Industry Association (TCIA) has already begun working with nine startups on everything from business plans to legal advice. It also lobbies on cannabis policy issues at the state level."

"In March, Texas Rep. David Simpson proposed legislation in favor of removing marijuana prohibition altogether in his state, with the Republican arguing it should be regulated like any other agricultural commodity. “I am proposing that this plant be regulated like tomatoes, jalapenos or coffee,” Simpson told local reporters at the time, according to KLTV-TV in Tyler. “Current marijuana policies are not based on science or sound evidence, but rather misinformation and fear.”

Also last month, Texas lawmakers proposed two bills meant to legalize medical marijuana. And, more recently, the National Organization for the Reform of Marijuana Laws set up a new chapter in the town of Denton.

But Texas isn’t the only place where cannabis capitalists are attempting to get a head start. As the legal pot business continues to boom in Colorado and Washington, entrepreneurs in other states such as Florida and Illinois are preparing for their own green rush."

http://www.ibtimes.com/marijuana-business-incubator-launches-texas-entrepreneurs-anticipate-legalization-1896330