Washington medical cannabis users get break from the nation’s highest pot taxes

Thanks to a new state law, Washingtonians with a medical cannabis card can get a break from the nation’s highest tax on the drug. The change, which took effect Thursday, could nudge more people to get medical cards and potentially depress…

Washington State Eliminates Medical Cannabis Taxation

By Aaron John, Attorney at Harris Sliwoski In November 2012, Washington voters approved the production, processing, and retail sales of recreational cannabis within Washington state under what is known as Initiative 502 (“I-502”). Washington state then provided a regulatory framework for how the legalization…

Washington lawmakers make another run at legalizing home-grown marijuana

A dozen years after Washington voters legalized recreational marijuana sales, state lawmakers want to make it possible to grow cannabis plants at home without breaking the law. A House panel on Monday advanced legislation allowing a person 21 years or…

As more states legalize cannabis, the market for seeds is in full bloom

October 17, 2023
AggregatedNews
Colorado, Maryland, Minnesota, Policy & Legal, Virginia, Washington
0 Comments

On 1 August, Minnesota became the latest state to legalize recreational cannabis use. That very same day, residents began to hit up Jim Cramond’s store, Strains of the Earth, clamoring for weed. But not just any type of weed – they were…

The marijuana industry has too much pot. Could interstate trade help?

The email went out to legal cannabis growers around Washington state, alerting them that another of their colleagues had gone under. “Liquidation sale,” it said. Attached was a spreadsheet of items up for grabs: LED grow lights for $500 apiece.…

Washington shutters pot businesses due to old pesticide

SEATTLE (AP) — Cannabis regulators have halted operations at several outdoor pot farms and processing facilities on a stretch of former fruit orchards in north-central Washington state after testing found high levels of chemicals related to a dangerous pesticide used…

WA Senate passes bill to bar hiring discrimination for cannabis use

February 22, 2023
AggregatedNews
Washington
0 Comments

OLYMPIA — Washington employers would be prohibited from refusing to hire a potential worker solely because of a drug test showing they had used cannabis under a bill that passed the state Senate on Wednesday. Washington voters approved recreational marijuana…

Court upholds Wash. residency requirement for pot industry

SEATTLE (AP) — A U.S. judge has upheld Washington’s residency requirement for involvement in the state’s legal cannabis industry — a decision at odds with a federal appeals court ruling concerning a similar requirement in Maine. A man who co-owns…

Washington LCB Updates DIA Map for Social Equity Cannabis Licensees

By Jack Scranton, Attorney at Harris Bricken On February 2, 2023, the Washington State Liquor and Cannabis Board (“LCB”) released an update regarding the interactive mapping tool for determining whether people meet have lived in Disproportionately Impacted Areas (“DIA”). As…

Washington Social Equity In Cannabis Licensing Window Opens March 1

By Jack Scranton, Attorney at Harris Bricken The Washington State Liquor and Cannabis Board (“WSLCB”) announced this Wednesday, January 18, that the 30 day window to apply for a Washington Social Equity In Cannabis Retail License will open March 1, 2023.…

Armed robberies at WA pot shops hit decade high

December 26, 2022
AggregatedNews
Washington
0 Comments

A decade into Washington’s legalization of marijuana, the cash-only industry has skyrocketed, leading licensed businesses to grapple with vast stores of cash on-site that render them soft targets for violent crime. Cannabis retail stores in Washington reported at least 100…

WA pot sales decline for first time in the decade since legalization

December 19, 2022
AggregatedNews
Washington
1 Comment

This December marks a decade since Washington state became one of the first two states in the U.S. to legalize marijuana. A look back at the cannabis industry’s growth in the Evergreen State shows the fledgling market has yet to mature,…

Crashed Crypto FTX Invested Millions in Cannabis-Courting Moonstone Bank

November 28, 2022
Tom Hymes
Banking, Finance & Real Estate, News & Insights, Washington
0 Comments

UPDATED A November 23 article by New York Times reporter Stephen Gandel raised questions about an investment by bankrupt crypto exchange FTX into Farmington State Bank, a tiny financial institution in rural Washington state that has been serving the local…

Washington Cannabis: Beware “Pay to Play” Arrangements

By Jack Scrantom The Washington State Liquor and Cannabis Board (“WSLCB”) published an industry update on October 25 detailing a recent increase in complaints by cannabis producers and processors of “pay to play” terms. Apparently, some cannabis producers and processors have been…

Washington’s Draft Cannabis Social Equity Licensing Rule

September 14, 2022
AggregatedNews
Washington
0 Comments

By Jack Scrantom, Attorney at Harris Bricken Proposed social equity rule Following Washington’s creation of the Social Equity in Cannabis Task Force during the 2020 legislative session, the Washington State Liquor and Cannabis Board (“LCB”) approved draft social equity licensing…

Washington medical cannabis users get break from the nation’s highest pot taxes

Washington State Eliminates Medical Cannabis Taxation

Washington lawmakers make another run at legalizing home-grown marijuana

As more states legalize cannabis, the market for seeds is in full bloom

The marijuana industry has too much pot. Could interstate trade help?

Washington shutters pot businesses due to old pesticide

WA Senate passes bill to bar hiring discrimination for cannabis use

Court upholds Wash. residency requirement for pot industry

Armed robberies at WA pot shops hit decade high

WA pot sales decline for first time in the decade since legalization

Crashed Crypto FTX Invested Millions in Cannabis-Courting Moonstone Bank

Washington Cannabis: Beware “Pay to Play” Arrangements

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