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From Capitol Hill to Hippie Hill, marijuana enthusiasts observed their 4/20 holiday Thursday with public smoke-outs, parties and, yes, great deals on weed.
America’s cannabis industry will continue growing at double-digit rates over the next four years – even with ambiguity emanating from the White House – as the drug gains in popularity, according to a leading marijuana-research firm.
OLYMPIA – Medical marijuana patients would pay many of the same taxes as recreational pot users under a bill approved Friday by the House. On a 59-38 vote, the House passed major revisions to Washington’s rapidly evolving marijuana laws, even though some lawmakers argued the rates were too high and the state is expecting to collect far too much in tax revenue by projecting sales that amount to nearly 1 ounce of marijuana for each of the state’s residents.
As Sam Calvert prepares to open one of the state’s first legal marijuana stores next month, he sometimes thinks of a historic parallel from a previous century. Washington may be about to experience a marijuana “Green Rush” similar to the Alaska Gold Rush at the end of the 19th century, when discovery of gold in the Klondike prompted thousands to seek their fortunes in unfamiliar territory. Only a small percentage of the miners who went into the frozen hills came out with enough gold to get rich, Calvert said. More people got rich by selling them picks, shovels and other supplies before they went in, and food and alcohol when they came out.
OLYMPIA – Potential growers, processors and vendors of marijuana will be able to apply for state licenses in one month. On Wednesday, the agency in charge of setting up Washington’s recreational marijuana system approved rules businesses will have to follow to get the industry off the ground.
OLYMPIA – Washington’s proposed rules for growing and selling recreational marijuana will conflict with federal drug laws and state environmental laws, critics said Wednesday. Taxes will make the end product to be smoked or eaten too expensive, some said. The rules might favor big corporations over small producers, others said.
OLYMPIA – Attention marijuana users and growers: The state would like a few minutes of your time to answer a few questions. Confidentially, of course.