WASHINGTON: The latest number of applications submitted to grow, produce products from and sell marijuana in Washington has jumped to 1,326, up from 585 just two weeks ago.
As we said before, competition in the new legal marijuana market established by I-502 and the Liquor Control Board looks to be rather robust.
Not all of the applications will be good ones. Many were submitted by the same business/person. Some cities and counties have moratoriums or outright bans on marijuana businesses. But the liquor board has said it will issue licenses even for areas of the state that don’t want pot businesses. Those cities and counties will likely face lawsuits for attempting to ban businesses permitted by state law. [Read more…]