Jacob Sullum in Forbes: Marijuana Shortage Expected in Colorado As New Pot Shops Open



The world's first government-licensed recreational marijuana stores will open in Colorado next Wednesday. But January 1 is also the first day these businesses, which are legally required to produce at least 70 percent of their inventory, will be allowed to grow marijuana.

Which raises an obvious question: Where will the pot come from? As Senior Editor Jacob Sullum explains in Forbes, the answer suggests that cannabis consumers should be prepared for shortages and price increases, at least until the first harvest of newly legal recreational marijuana this spring.

Read the article.