Marijuana tourism is becoming a major industry in states with legalized cannabis, and you'd have to look no farther than one Colorado bed and breakfast to see how successful it can be.
Joel Schneider is the owner of Bud and Breakfast hotel in Colorado. In 2016, Schneider brought in over $1 million from guests flying in around the country to enjoy a little cannabis in the first legalized state.
Schneider was an attorney who came to Colorado after legalization began with the desire to start a cannabis business that didn't involve buying or selling the drug. While staying at a hotel, he was trying to hide that he was smoking marijuana because the hotel didn't allow it, when he came up with the idea for the Bud and Breakfast. In Colorado, it's illegal to publicly use cannabis and many hotels also ban the use of the drug on its premises. So Schneider decided to create a place where people could use marijuana openly without worry.
He opened the Bud and Breakfast in a six-bedroom Victorian home. Suites range from $299 to $399 a night, and comes with a complimentary "wake and bake" breakfast. The Bud and Breakfast is BYOC (Bring Your Own Cannabis). Schneider does not have a license to sell marijuana, he simply provides a place to use it.
Schneider says he plans to license out the name to other businesses to use in the future.