Businessman tries his luck at building pot brand

by Gene Johnson

(AP)—The plans of a former Microsoft manager to create the "Starbucks of Pot" are worrying other activists who pushed for the legalization of marijuana in Washington state.

They say Jamen Shively's ambitions don't merely raise questions about whether big corporations will come to dominate the legal pot industry, but also about whether his profit-driven approach might cause a backlash that could slow the marijuana reform movement across the country.

Shively is trying to raise $10 million from investors and eventually wants to build his company, Diego Pellicer (pay-EE'-sehr), into an international pot powerhouse.

But the states aren't licensing marijuana stores yet. say the way Shively is going about making deals with dispensaries could risk federal prosecution.

Related Stories

Court: California cities can ban pot shops

date May 06, 2013

(AP)—The California Supreme Court ruled Monday that cities and counties can ban medical marijuana dispensaries, a ruling likely to further diminish the state's once-extravagant network of storefront pot shops and fuel efforts ...

LA council votes to repeal pot dispensary ban

date Oct 03, 2012

(AP)—The Los Angeles City Council reversed course Tuesday and repealed a ban on pot shops that it passed just two months ago to shutter hundreds of medical marijuana storefronts.

Recommended for you

What to do with kidneys from older deceased donors?

date Mar 26, 2015

A new study highlights the best way to use kidneys from older deceased donors, providing the most benefits to patients and addressing the worsening organ shortage. The study's findings, which appear in an upcoming issue of ...

User comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.