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MarketersMEDIA / Newsroom / Colorado Company Grasps Opportunity for Growth in New Markets

Colorado Company Grasps Opportunity for Growth in New Markets

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Mile High Glass Pipes sees a profitable opportunity in marijuana business for adult use

— While we frequently hear the successes of the legal marijuana trade in terms of taxes collected and community development, many ancillary businesses are capitalizing on the opportunities presented by the rapidly expanding legal cannabis industry. As the demand for cannabis products continues to increase, so does the demand for the tools necessary for consuming it. One such company, Mile High Glass Pipes located in Denver, Colorado, sees plenty of opportunity as other states continue to legalize marijuana for adult use.

With California, Nevada, and now Vermont, officially changing the laws to allow the recreational use, or adult-use of marijuana, this creates a growing market for the necessary tools of the trade - marijuana pipes and accessories. Once considered an underground market in many states, weed pipes are big business in the expanding marketing of legal cannabis. Traditionally, brick and mortar headshops were the consumers' only resource for purchasing weed pipes and accessories. However, Chris Brady, CEO of Mile High Glass Pipes, has taken on a more innovative approach, not to mention a broader customer base, with his virtual store at milehighglasspipes.com.

Although cannabis products themselves cannot be shipped or cross state lines, the products sold by Mile High Glass Pipes can be shipped legally to any state in the US, which means, as legalization continues to expand across the nation, so does Brady's potential market area. "From a business stand point," Brady said, "selling pipes in the 'Green Rush' is very similar to selling picks and shovels during the gold rush. Everyone will need a pipe to smoke their recently purchased legal cannabis. Even if it's just for a weekend trip, you can't smoke weed without a pipe."

Creating a Win-Win
Consumers are ultimately the biggest winner in this type of market expansion. Although the increased market is great for business, it also increases the competition between businesses and drives down pricing. With more places to shop, customers can find the specific marijuana smoking device they are looking for at the best price. Brady's business operates with lower overhead without a traditional store front. A warehouse and an online store keep business costs low, as well as, allows Brady to provide a broader selection of marijuana pipes including glass spoons, water pipes, bubblers and more.

Understanding the market from a personal perspective, Brady stated, "We are excited for the expansion of marijuana legalization throughout the United States because as long-time consumers ourselves, we feel everyone should have safe legal access to cannabis."

Contact Info:
Name: Chris Brady
Organization: Mile High Glass Pipes
Address: 4456 Cherokee St Denver, CO 80216
Phone: 720-372-4206

Source URL: https://marketersmedia.com/colorado-company-grasps-opportunity-for-growth-in-new-markets/285275

For more information, please visit http://www.milehighglasspipes.com

Source: MarketersMedia

Release ID: 285275

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