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Palm Beach Vapors Founder May Test Pot Sales


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Chip and Cindy Paul are already wading into controversial territory with their new franchise, Palm Beach Vapors based in Tulsa, Oklahoma. The retail stores sell electronic cigarettes, the subject of Food & Drug Administration scrutiny, health officials’ questioning and Big Tobacco competition.

But they’re already scouting for a site in Colorado, where they may test a separate business in an even more controversial substance: marijuana. Pot sales will be the next gold rush, Paul figures, as states look to join Colorado and legalize its sale—and collect the taxes—to offset declining tobacco revenue. He wants to be positioned as the leader when the time comes. Watch for an interview detailing his plans in the May issue of Franchise Times.

 

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The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 
Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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