D.C. Mayor-Elect Announces Support for Legalizing Cannabis Sales

D.C. Mayor-elect Muriel Bowser.
D.C. Mayor-elect Muriel Bowser.

On Tuesday, voters in Washington D.C. approved an initiative to legalize the possession of up to two ounces of cannabis, and the private cultivation of up to six cannabis plants, for those 21 and older. Unlike legalization initiatives approved in Alaska and Oregon this election (and Washington and Colorado in 2012), D.C.’s Initiative 71 doesn’t allow for cannabis retail outlets, or for cannabis to be distributed through any other means.

However, at her first press-conference since winning the election, Mayor-elect Muriel Bowser announced that she supports legalizing cannabis sales, and that district lawmakers will “turn our attention to it”.

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Report: Cannabis Would Be An $130 Million Annual Market In Washington D.C. If Legalized

Financial officials in Washington D.C. have determined that if thecannabismoney district legalized cannabis, the market would be worth $130 million annually. This is based on 122,000 users purchasing cannabis priced at $350 an ounce.

The figures, given during testimony to the D.C. Council over a cannabis legalization and regulation bill, was presented before the Council’s Committee on Business, Consumer and Regulator Affairs, and the Committee on Finance and Revenue. The bill being discussed was Bill 20-466, Marijuana Legalization and Regulation Act of 2013, a proposal to legalize cannabis, taxing it at 15%. The study was commissioned by Council member Vincent B. Orange.

Read moreReport: Cannabis Would Be An $130 Million Annual Market In Washington D.C. If Legalized