How Marijuana Legalization Impacts Hotels

Larry Mogelonsky | October 10, 2018

By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) With national legalization of marijuana in Canada coming into effect on October 17, 2018, it raises quite a few lucrative opportunities for hotels to capitalize on this new market, as well as a few cautionary notes. Further, with numerous states already adopting similar policies and even more soon to join the fold, this trend is one you must pay attention to. For starters, you must ask whether or not there is any money to be made in marijuana tourism. While you can certainly draw affirming statistics from the likes of anomalies like Amsterdam or Copenhagen's Christiania District, a ...