Marijuana ads save local newspapers
When it hit the streets here last week, the latest issue of ReLeaf, a pullout supplement to The Colorado Springs Independent devoted to medical marijuana, landed with a satisfying thud.
Forty-eight pages in all, it was stuffed with advertisements for businesses with names like Mile High Mike's, Happy Buddah and the Healthy Connections (which enticed potential customers with promises of "naughty nurses" to tend to patients’ needs).
A full-page ad in ReLeaf costs about $1,100, making the publication a cash cow for The Independent, which has used its bounty from medical marijuana ads this year to hire one new reporter and promote three staff members to full time.
The paper has also added a column called CannaBiz that follows news from across the country; its author is the new marijuana beat writer.
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.
[Thanks Sam Hell!]
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