Thursday, October 7, 2010

Medical Marijuana Ads fueling Newspaper Growth

What would happen in the many communities now allowing medical marijuana had been a subject of much hand-wringing. But few predicted this: that it would be a boon for local newspapers looking for ways to cope with the effects of the recession and the flight of advertising — especially classified listings — to Web sites like Craigslist.

But in states like Colorado, California and Montana where use of the drug for health purposes is legal, newspapers — particularly alternative weeklies — have rushed to woo marijuana providers. Many of these enterprises are flush with cash and eager to get the word out about their fledgling businesses.

Read more here...

No comments: