Monday, June 30, 2014

Washington's marijuana industry is a train wreck

Posted By on Mon, Jun 30, 2014 at 5:42 PM

click to enlarge shutterstock_135957812.jpg

As well as Colorado marijuana is doing, Washington marijuana is not, or so reports the Associated Press today. It's a true masterpiece of cannabisian disaster porn. Here are some, um, lowlights:
• Washington's Liquor Control Board expects to issue the first 15 to 20 marijuana retail licenses July 7, months later than first expected, but it's not clear how many of those shops are ready to open. 

• Randy Simmons, the board's legal pot project manager, predicts a "bumpy road," with an initial shortage of stores and marijuana alike.

• More than 2,600 people applied last fall to grow marijuana, but those applications are being reviewed glacially by the board's 18 swamped licensing investigators.

• Prices could run more than $25 a gram for the heavily taxed pot — about twice what the state's unregulated medical dispensaries charge ...

• There will be no edibles available.

• The board has capped the number of retail stores statewide at 334, but dozens of jurisdictions have banned them, prompting lawsuits in two cities.

• Many would-be retailers allege missteps by the board.

• Others say they were kicked out of the lottery because inaccurate measurements placed them within 1,000 feet of a protected area ...
Meanwhile, somewhere near the Rocky Mountains: "Colorado, which also voted in 2012 to legalize pot for adults over 21, is bringing in millions of dollars a month while Washington struggles to build its industry."

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