From Barrels to Buds: Calgary Banker Abandons Crude for Pot

In the boardroom at his former service provider financial institution workplace in Calgary, Sonny Mottahed is taking down a black-and-white photograph of the picket derricks over Spindletop, the historic crude discover that began the Texas oil growth.

In its place, he’s hanging a photograph of the “HOLLYWOOD” signal vandalized to learn “Hollyweed,” a playful riff on the Los Angeles landmark that he hopes heralds the beginning of a brand new growth in Canada: authorized marijuana.

After 25 years within the oil patch, most just lately operating his personal advisory agency, Mottahed is hanging out into the pot enterprise. He’s intrigued by the potential of the nascent business as Canada prepares to legalize leisure marijuana this yr, whereas dismayed on the challenges dealing with the oil patch.

– Read all the article at The Globe and Mail.


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