Issie Lapowsky of WIRED magazine wrote an article in reaction to the Cole Memo decision last week. Dr. Vaught is featured in the article.
Still, those entrepreneurs who can are readying a backup plan. Jon Vaught, CEO of Front Range BioSciences, launched his Colorado-based business two years ago. An organic chemist by background, Vaught started the company with the goal of bringing the same tests and technology that ensure health and safety in the food and drug industries to cannabis. “[Legalization] opened the door to companies like ours to create safety in the marketplace,” Vaught says.
And yet, he’s all too aware of the risks associated with running such a business under a Sessions-led Department of Justice. Sessions was once famously quoted, after all, saying that “good people don’t smoke marijuana.” That’s one reason why Vaught is eyeing partnerships in more cannabis-friendly countries, including Canada, Israel, and Australia. He’s also working on applying his technology to other crops.
“For us, the future is still very bright,” he says. “There’s a lot of work to do, whether or not the US tries to slow us down here at home.”
You can read the full article here.