Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Rapid Fire Marketing, Inc. (RFMK) Message Board

February 21, 2013 Major Milestone: 1st Washington

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 11899
Posted On: 02/21/2013 7:27:29 PM
Posted By: geo

February 21, 2013

Major Milestone: 1st Washington DC Marijuana Dispensary Slated to Open After Long Delays


Tags:  capital city care ,  washington dc medical marijuana

Washington DC dispensary

The first medical marijuana dispensary in Washington DC  plans to open its doors this April , kick-starting a new market that has been beset by delays and challenges for several years.


Capital City Care – one of four dispensaries planning to open in DC – says it should be ready to begin serving patients with MMJ cards by April. It recently obtained a cultivation license and is currently growing the marijuana it will sell this spring.


Talk about irony. The opening of a dispensary in the nation’s capital – just miles away from the agencies charged with enforcing the country’s cannabis laws – ranks as a huge milestone and an important symbolic victory for the MMJ industry given that medical marijuana remains illegal federally.


It’s unclear how the federal government will respond when dispensaries open in its backyard. But the feds will likely take a hands-off approach, given that they haven’t interfered with the process in DC so far.


Despite Capital City Care’s pledge to try to open by early April, some local MMJ professionals are filing this in the “Believe it When I See it” folder. Washington DC voters actually approved medical marijuana in 1998, yet local officials put it on ice for nearly two years before enacting a modified version of the original law. Dispensaries have been in the works since the spring of 2011, but the drawn-out, difficult permitting process created delays that has pushed back the timeline.


While the skepticism is warranted, it appears that DC’s medical marijuana program is  actually making solid progress , and Capital City Care has cleared all of the major licensing and permitting hurdles needed to open. In fact, three other dispensaries – Metropolitan Wellness, Takoma Wellness Center and Herbal Alternatives – could open around the same time or soon after.


The consumer base in DC is expected to be quite small – an estimated 1,000 patients or less initially – due to strict regulations on who can receive cards. Unlike some MMJ states in the west that allow residents to get cards for general ailments like chronic pain, DC’s program covers only a few qualifying medical conditions, including cancer, glaucoma, HIV/AIDS, multiple sclerosis and health issues that lead to persistent muscle spasms.


Medical Marijuana Business Daily estimates initial sales of between $1 million and $3 million annually when the four dispensaries are up and running.




(0)
(0)




Rapid Fire Marketing, Inc. (RFMK) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us