NBC News correspondent Harry Smith takes an inside look at "O.pen Vape," a company that has created a high-tech device to smoke hash. Smith also comments on the "windfall of money" the taxation of marijuana will give Colorado.
Every day we went out to shoot video it was an eye-popping experience, says NBC News Correspondent Harry Smith, talking about his new documentary on the big business of marijuana. Two pot shops in Colorado brought in about $1 million in total sales in January, producing about $56,000 in local sales taxes. Forty percent of the business comes from edibles, says Smith.
When it comes to parties, event planner Jane West gives high end a whole new meaning. Guests enjoy both the pot and "munchies for foodies."
When it comes to recreational marijuana, forget the joint! People in Colorado are enjoying cannabis in brand new ways, including edibles, drinks, dabs and more.
NBC News' Harry Smith interviews a drug dealer who says pot's legalization hasn't hurt his illegal business or profits.
Open Vape sells one of the fastest growing products in legal pot - the vape pen - similar to an e-cigarette but with marijuana oil. Chief Revenue Officer Todd Mitchem tells NBC News' Harry Smith it's only a matter of time before his company is worth billions.
About 60 miles northeast of Denver a battle between legal marijuana is going on. While Greeley, Colo., is shunning marijuana, neighboring Garden City is celebrating it.
Bankers and those in the expanding legal marijuana business say new guidelines from the Obama administration aren't enough. They want Congress to act.
The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.
Tourism has long fueled Colorado's economy. Now its visitors have another reason to spend money here -- legal weed.
If the legal sale of marijuana is revolutionary, the growth around Colorado's pot industry may be equally groundbreaking as hundreds of companies vie for a share of the state's projected $800 million marijuana market.
When it comes to marijuana-infused edibles, there really can be too much of a good thing.
It's a family affair as mom, dad, Aunt Judy and Uncle Elmer all trim bud to keep up with the demand for their new recreational pot business.
While Greeley, Colorado, has a history of shunning vice, its next door neighbor, Garden City, is known for celebrating it.
Roughly a third of all municipalities in Colorado have opted out of the statewide legalization of pot. The city of Greeley wants no part of legal weed.
Similar to an e-cigarette, Open Vape pens have cartridges filled with purified cannabis oil. For the user, its discreet, smoke-free bliss.
Marijuana, still illegal under federal law, is now at the center of a thriving industry that’s attracting a new breed of entrepreneurs, as Colorado becomes the first state to allow the sale of pot for recreational use.
Colorado's newly legal pot economy is barely more than a month old, and the nascent industry is already making marijuana brownies look stale.
Families looking to move to a state where marijuana use is legal may find that hunting for a 420-friendly home is no easy feat.
As many marijuana shops still are a cash-based business, those dispensaries have become the target of thieves, NBC News reports.