Seattle’s Second Recreational Cannabis Retail Outlet Plans to Open Tuesday

Uncle Ike’s will become Seattle’s second recreational cannabis retail outlet on Tuesday when ituncle opens at 2310 East Union Street. According to owner Ian Eisenberg, he received a license to open the shop from the state’s Liquor Control Board earlier this week, and says they should be ready to sell cannabis to anyone 21 and older come Tuesday.

Uncle Ike’s will be open Tuesdays through Sundays from noon to 7PM, and will be closed on Mondays. Some of the strains they plan to carry on opening day includes Lemon Kush, Snoop’s Dream and Pineberry.

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Colorado Recreational Cannabis Application Process Opens to Everyone 21+

For the first six months of legalized cannabis sales in Colorado – which began on January 1st – only those already operating a medical cannabisapp facility were able to apply for a license to be a recreational cannabis producer or distributor. However, the rules change beginning today, July 1st. Now anyone 21 and older can apply for a license, and cannabis outlets won’t be required to also be a medical cannabis dispensary.

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Roughly 20 Washington State Cannabis Retail Outlets to Open on July 8th

The Washington State Liquor Control Board will issue licenses to roughly 20 cannabis retail outlets on July 7th, according towalcb Sharon Foster, chairwoman of the Board. These businesses will be required to track their inventory for the first 24 hours, and will be allowed to legally begin recreational cannabis sales to anyone 21 and older on Tuesday, July 8th.

The Liquor Control Board has yet to release a list on where the initial outlets will be located, though they plan to post the full list on their website once the licenses are distributed.

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Department of Justice Working to Allow, Regulate Transactions Between Banks, Cannabis Stores

U.S. Attorney General Eric Holder told the governors of Washington and Colorado in a phone call Thursday that the Departmentbill-gives-states-marijuana-tax-power-thcf of Justice is “actively considering” ways to explicitly allow, and regulate transactions between banks and cannabis retail outlets in states where they’re legal.

This consideration, which will come as a surprise to many, is in huge contrast to current DEA policy which warns banks against transacting with marijuana businesses.

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