Who will invent the cotton gin of the cannabis industry?

Innovation has always fascinated me, and it’s one of the aspects that I enjoy about publishing a business magazine and being a part of the cannabis industry.

Because it’s been a black market endeavor for so long, the business of growing and selling marijuana hasn’t changed all that much in the past few decades prior to legalization. Now, with nearly half the country allowing medical marijuana, four states legalizing recreational cannabis, a majority of Americans supporting full legalization and the federal government seriously considering the removal of marijuana from Schedule I of the Controlled Substances Act, the creative process can really get ramped up.

For the first time in our lifetime, it’s probably safe for people to openly invest time and money into products geared specifically for cannabis. The impact that will have is hard to predict, but I think it’s pretty safe to say that within the next couple...

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