Over 100 Tribes Exploring Marijuana Business Opportunities

Native American interest in the marijuana industry is accelerating quickly.

Over 100 tribes have contacted FoxBarry Farms, a management firm working to construct the first marijuana cultivation facility on Native American land, to explore business opportunities, according to the Huffington Post.

FoxBarry has already signed one deal with a northern California tribe, and it reportedly is in talks with three more California Native American groups as well as others in seven additional states.

FoxBarry’s business partner, United Cannabis Corp., also has reportedly been contacted by “dozens” of tribes that want to look into the possibility of growing and selling marijuana.

The head of United Cannabis told the Huffington Post that it is “absolutely our plan to team up with tribes all over the country.”

Still, there are legal questions swirling around the issue, which cropped up in December after the Department of Justice issued a memo stating that tribes could legally grow cannabis as long as they followed the same guidelines as states that have marijuana markets.

And then there’s the question of how the tribes’ entrance into the industry could affect longstanding players. Some speculate that with tax exemptions granted to Native Americans, tribal marijuana businesses could undercut extant companies on pricing and drive them out of the market.

3 comments on “Over 100 Tribes Exploring Marijuana Business Opportunities
  1. Paula Givens on

    Anyone contemplating doing business with a sovereign Native American nature must contact an attorney who is an expert at Indian Law. If a tribe fails to waive its sovereign immunity then any contract dispute with the tribe is subject to indian, not state or federal contract law. Such relationships, if properly administered, can be profitable.

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  2. Kieffer on

    I find it queer that our tribal business council would not lift a ban on medical marijuana, so our sick and dying!
    But they are going to the Talalip Conference on the 27th.
    The Spokane Tribe will return to their people greedy dope dealers, with no compassion for their sick and dying members!

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  3. Kieffer on

    Cannabis is not a drug, it is a plant! A gift from above! If you want to believe it was transported to America in Asian bird poop?
    I am not a marijuana activist, a mmj activist (like my cousin Darren McCrea of Spocannabis.org). I guess if you want to call me an activist! I would choose Spokan Human Rights Activist!
    The real issue is not really an issue, it is bigger than that! Counties go to war for less!
    And as I respect all warriors, and especially those who fought along side my native relatives, not just the ones who are alive, or the ones who died, or the ones who came home but nobody was home! That thousand yard stare is freaky!
    I saw a lot of that! Helped bury them! And not one died of natural causes!
    I am a firm believer in freedom, truth, and justice!
    It shouldn’t be such a big deal that us indians want some of that!

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