Washington State’s Cannabis Tracking Contract Up For Bid

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By Bart Schaneman, Marijuana Business Daily WASHINGTON: Washington state regulators have begun accepting bids for a new seed-to-sale tracking system to keep tabs on marijuana commerce, a deal with an initial value of about $3 million. The competition likely will be fierce, given that the contract involves one of the nation’s largest cannabis markets. But businesses Read the full article…

Washington LCB Notice of Rule Making – Pre-proposal – #17-04: Producer Tier Structure

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WASHINGTON: The Washington State Liquor and Cannabis Board has entered into the initial stage of rulemaking (CR 101) to consider rule changes in Chapter 314-55 related to the producer tier structure and potentially allowing producers to hold an interest in more than one license. The CR 101 is the initial notification of potential rule making and Read the full article…

Washington Weekly Marijuana Report September 14, 2016

Washington State weekly marijuana report for 9/14/16

WASHINGTON: The Washington State Liquor and Cannabis Board (WSLCB)  weekly report for September 14th, 2016: Licensing  Producer licenses issued Producer/Processor licenses issued Processor licenses issued Retail licenses issued 171 874 127 432 Production Flower harvest MTD/FYTD lbs. Useable MJ produced MTD/FYTD Useable MJ sales volume MTD/FYTD Extracts produced MTD/FYTD grams 11,826 lbs.  58,913 lbs. 7,116 lbs. 42,011 lbs. 6,924 lbs. Read the full article…

No On I-502 Flashback, Part 2: It Will Set The Stage For Bad Legalization

I-502 brought major changes to cannabis in Washington, but those have come about from regulating a system that was never regulated in the first place.

WASHINGTON:  In Part 1: Feds Will Never Allow $600 Ounces, I showed how three years ago at Seattle Hempfest, leaders of the “No on I-502” campaign were making claims that pot shops would never exist and we’d never make any tax money in Washington State, but if we did, an ounce would cost $600 and never Read the full article…

Local Marijuana Businesses Rake In Nearly $4M In total Sales

Statewide, I-502 companies see $256M in sales; $67M in taxes

WASHINGTON:  All told, the legal recreational marijuana business has made more than $265 million statewide since business began opening in June and July last year. From that, the state has raised $67 million in excise taxes. For the most part, which parts of the state are seeing the most sales seems to mirror population. King, Read the full article…

Illegal Pot Shops Need Rooting Out In Pierce County

When Senate Bill 5052, or the Medical Cannabis Patient Protection Act, passed, there was not enough time for officials to draft a full set of rules, particularly concerning marijuana edible products, concentrates, and testing.

WASHINGTON:  Wonder of wonders: King County, epicenter of the state’s drug culture, has begun cracking down on illegal marijuana dispensaries. Pierce County? It’s still doing next to nothing about them – even as it prohibits legal marijuana stores. King County’s prosecutor, Dan Satterberg, and sheriff, John Urquhart, have put two and two together: Now that the state Read the full article…

Medical Marijuana Referendum Won’t Be On Washington Ballot

Washington voters won’t be asked this fall if they want to keep changes made this spring to the state’s medical marijuana laws.

WASHINGTON:  Washington voters won’t be asked this fall if they want to keep changes made this spring to the state’s medical marijuana laws. Organizers of a petition drive to place a referendum of the new law on the ballot won’t be turning in signatures by this week’s deadline, the secretary of state’s office said Monday. Referendum 76 Read the full article…

Unlicensed Marijuana Businesses Will Soon Close In Unincorporated King County

King County Prosecuting Attorney and Sheriff announce a King County effort aimed at closing down unlicensed medical marijuana businesses.

WASHINGTON:  King County Prosecuting Attorney Dan Satterberg and King County Sheriff John Urquhart announced today a King County effort aimed at closing down unlicensed marijuana businesses operating in unincorporated King County. Fifteen such businesses operating in unincorporated King County were sent letters earlier in the week informing them that they do not have state-approved licenses Read the full article…

One Year Of Legal Marijuana Generated $70 Million In Tax Revenue For Washington State

Washington state raked in more than $70 million in taxes during its first year of legal and regulated marijuana sales.

WASHINGTON:  Washington state raked in more than $70 million in taxes during its first year of legal and regulated marijuana sales. The Washington State Liquor Control Board, the government body charged with overseeing the state’s marijuana industry, reports that state pot shops sold more than $257 million worth of marijuana, generating more than $64 million through Read the full article…

Year Of Legal Marijuana Nets State $70 Million In Pot Taxes

One year after the first retail sales, Washington state has about 160 shops open, tax revenues have soared past expectations and sales top $1.4 million per day.

WASHINGTON:  Washington launched its second-in-the-nation legal marijuana market with just a handful of stores selling high-priced pot to long lines of customers. A year later, the state has about 160 shops open, tax revenues have soared past expectations and sales top $1.4 million per day.And who knows – the industry might even start making some Read the full article…