Kenai Peninsula pot businesses may ad $5M boost to economy


February 23, 2017

KENAI (AP) – With several marijuana businesses up and running on the Kenai Peninsula in south-central Alaska, industry estimates show the businesses could contribute $5.3 million annually to the local economy.

Eight marijuana businesses have opened on the peninsula since last summer and nine more are planned. Of those businesses, two are retail stores and the rest are cultivators, The Peninsula Clarion reported.

Dollynda Phelps of cultivation company Peace Frog Botanicals presented a survey of current licensees to the Kenai Chamber of Commerce on Wednesday. The survey estimating the impac...

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