Mind the Gap | Vancouver’s abandoned mansions helped spawn this mysterious frontier market
Hongkongers were early-stage enablers in the billion-dollar medical marijuana business
The old hippie smelled so strongly of marijuana he could have been an air freshener in a glaucoma outpatient clinic.
“Is that marijuana?”
“No it’s medicinal marijuana.”
“Here’s the prescription. And I’m not going to tell you why because it’s between me and my doctor.”
Welcome to the legalised medical marijuana scene in California and Vancouver where Hong Kong money and expertise have played a pioneering role in developing technology that continues to revolutionise the industry.
The US$5.4 billion spent in the US on legal medical and recreational marijuana last year is about $500 million more than what was brought in during 2014, according to reports released by ArcView Market Research and New Frontier Data, two marijuana industry market research groups.
