Former Microsoft Manager To Create "Starbucks of Pot"
SEATTLE (AP) — Former Microsoft manager Jamen Shively is trying to raise $10 million from investors to create what he calls the "Starbucks of Pot."
His plans are worrying activists who pushed for the legalization of marijuana for fear that this could start a trend in corporate domination of the legal pot industry. Another concern is that "a profit-driven approach might cause a backlash that could slow the marijuana reform movement across the country."
States are not currently licensing marijuana stores as of yet and legal experts suggest that Shively's deals with medical marijuana dispensaries could put him at risk of federal prosecution.
Starbucks has not weighed in.