First Rush Of Pot-Business Applications Turned In To WA State

WASHINGTON: Pot entrepreneurs eager to get into the state’s new recreational-marijuana industry started submitting license applications Monday.

By 2 p.m., 299 applications had been received at the state Department of Revenue (DOR), the first stop in the application process.

While business was brisk at DOR there were no long lines of pot entrepreneurs at the agency’s offices.

Everyone is being encouraged to apply on-line because it is more convenient, said DOR spokeswoman Beverly Crichfield. Still, some folks “just sort of trickled into” DOR offices Monday, Critchfield said.

There’s no rush for entrepreneurs (other than perhaps the thrill of applying) because the process is not first-come, first-served.

The state will accept applications for 30 days. It will then assign a marijuana investigator to each applicant, to make sure they comply with rules – such as a three-month residency requirement for applicants, their partners and financiers — and they have a viable business plan.

 

Read full article @ Seattle Times