WASHINGTON: Washington could get lots more pot stores.
State regulators will allow medical marijuana providers to seek retail licenses later this fall. There are no strict limits on how many new licenses could be granted, and there is no requirement that they focus on medical patients.
This sounds like it could mean more competition. But it also means that all pot stores will be on equal footing.
The passage of Initiative 502 in 2012 launched Washington’s regulated marijuana system. But officials watched in dismay as hundreds of unlicensed medical marijuana dispensaries sprouted on street corners around the state. Now under a new state law, “gray market” marijuana providers must get state retail licenses or close their doors.
Liquor and Cannabis Board spokesman Brian Smith said the number of new licenses his agency can grant is open-ended.