Washington state licensed marijuana retailers sold an estimated $3.8 million in cannabis products in July, the first month during which such sales were allowed under state law. The sales are estimated to have already generated more than $1 million in tax revenue.
A new District ordinance reducing marijuana possession penalties to a fine-only violation goes into effect on Thursday, July 17. The measure amends District law involving the possession or transfer of up to one ounce of marijuana from a criminal misdemeanor (formerly punishable by up to 6 months incarceration and a maximum fine of $1,000) to a civil violation (punishable by a $25 fine, no arrest, no jail time, and no criminal record).
Proponents of a District initiative to permit the possession and cultivation of limited amounts of marijuana by those age 21 or older have turned in 57,000 signatures to the DC Board of Elections. The proposed ballot initiative (Initiative Measure 71) seeks to remove all criminal and civil penalties in regard to the adult possession of up to two ounces of cannabis and/or the cultivation of up to six plants.
Washington’s first state-licensed retail cannabis operators opened for business this morning. The state’s Liquor Control Board issued 24 marijuana retailer licenses late last week. (Under state regulations, the Board may issue up to 334 licenses to retail facilities.) Of those, six opened for business today – the first day legal sales were permissible – according to the Associated Press.
Washington’s first wave of state-licensed cannabis retail stores are anticipated to open for business next week. The state’s Liquor Control Board is expected to begin issuing licenses on Monday, July 7. An estimated 20 retail stores are anticipated to open their doors later in the week. Similar state-sanction stores have been operating in Colorado since January 1.
Retail sales of cannabis in the month of January yielded an estimated $3.5 million dollars in state tax revenues, according to financial data released online this week by the Colorado Department of Revenue. Customers spent an estimated $14 million on the purchase of marijuana and cannabis-infused goods at state-licensed facilities.
The Super Bowl bet between Washington and Colorado NORML chapters, along with interviews with NORML board members Rick Steves and Kevin Oliver from Washington, was featured this morning on NBC’s Today Show. Additionally, Marketplace, heard on National Public Radio, also covered NORML chapter wager and the fact that the two teams competing for NFL title are from the states with legal cannabis sales. Visit NBCNews.com for breaking news, world news, and news about the economy
FOR IMMEDIATE RELEASE Bud Bowl. Weed Bowl. Fill a Bowl. Stoner Bowl. Super Stupor Bowl. Whatever you call it, the teams from Denver and Seattle are in it to win it! And so are cannabis consumers! The annual Super Bowl is always a great time for a few friendly wagers, and cannabis consumers are no exception. Happy to uphold this proud tradition, Colorado NORML and Washington NORML have made a little side bet on this historic game: If the Denver Broncos win, WA NORML has agreed to dress in Bronco […]
2013 will go down on record as one of the most significant years in the history of marijuana law reform. Here’s why.
Washington state regulators are presently reviewing over 1,300 applications from would-be entrepreneurs seeking to engage in the state-licensed production and/or sale of cannabis and cannabis-infused products to those age 21 and over. Regulators began accepting applications for licenses in mid-November and will continue accepting applications until December 19. In Colorado, regulators began accepting similar applications for commercial cannabis licenses in October — the first of which was approved in late November. Licensed cannabis operations are anticipated to be operational in Colorado on January 1, 2014.