Washington State’s Initial Batch of Recreational Cannabis Retail Outlets Announced

The Washington State Liquor Control Board issued the first two dozen licenses this morningwa2 for recreational cannabis retail outlets, which will be authorized to open their doors to anyone 21 and older beginning tomorrow, after a 24-hour moratorium on sales ends.

Here’s a list of the initial approved locations (more are expected to be announced in the coming days and weeks):

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Legal Recreational Cannabis Sales Begin In Washington State On Tuesday

On Monday, July 7th, the Washington State Liquor Control Board will distribute licenseslegalizemeyo to businesses across the state planning to sale recreational cannabis. Following the distribution of the licenses, a 24-hour moratorium on sales will begin, with stores able to open their doors to anyone 21 and older the following day, Tuesday, July 8th.

The name and location of the accepted businesses will be announced by the Board on Monday. In total 334 applications were accepted for recreational cannabis retail outlets, with final inspections for most of these locations taking place in recent days.

Read moreLegal Recreational Cannabis Sales Begin In Washington State On Tuesday

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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Sting On Colorado Recreational Cannabis Outlets Finds No Cannabis Being Sold to Minors

Colorado officials recently conducted a sting on 20 recreational cannabis outlets icoloradon an attempt to find out if they are following state laws and regulations. The officials found that all of them are complying with the law, and not a single one of the outlets were caught selling cannabis to a minor.

Read moreSting On Colorado Recreational Cannabis Outlets Finds No Cannabis Being Sold to Minors

Colorado Garnered Over $3.5 Million in Taxes From Recreational Cannabis in April

Colorado earned over $3.5 million in taxes from recreational cannabis sales in the month of April, the largest intakecannabismoney of taxes yet from the newly legal industry.

In total, there was more than $22 million worth of recreational cannabis products sold in April, compared with $31 million worth of medical cannabis products. In total, recreational cannabis sales have brought in roughly $11 million in taxes in 2014; medical cannabis has brought in around $18 million.

Read moreColorado Garnered Over $3.5 Million in Taxes From Recreational Cannabis in April

First Recreational Cannabis Retail Outlet in Washington State to Open July 1st

Washington State’s first-ever legal recreational cannabis outlet will open on July 1st in Spokane.cannabisplant

Sean Green, owner of Kouchlock Productions (a company which currently operates a medical cannabis dispensary in Shoreline and Spokane), was the first person to receive a license to produce and process recreational cannabis, which he began in March. An individual named Scott O’Neil will team with Green, and will operate as the owner of the new outlet which will fall under the banner of Kouchlock Productions and will open on July 1st; it will be located at Francis and Napa.

Read moreFirst Recreational Cannabis Retail Outlet in Washington State to Open July 1st

Washington State Credit Union Agrees to do Business with Recreational Cannabis Outlets

Salal Credit Union has announced that they’ll do business with recreational cannabis outlets in Washington State, allowing them to bank, take out loans and take part in other financial services. Salal is the secondPrint credit union, following Numerica Credit Union, to announce that they’ll work with those intending to distribute, process or cultivate cannabis for recreational purposes.

The announcement was made by representative Bob Schweigert at the Marijuana Business Association’s Canna Business & The Law seminar, which took place yesterday in Seattle, during a panel called Managing Your Marijuana Business Money.

Read moreWashington State Credit Union Agrees to do Business with Recreational Cannabis Outlets

Uruguay to Sell Cannabis Tax Free at Less Than $1 a Gram to Undercut Black Market

Uruguay will begin selling recreational cannabis to anyone 18 and older by the end of the year, and they’ll do so entirely tax free in order to undercut the blackjoint market surrounding the substance. According to government officials, cannabis will be cost between 20 and 22 pesos ($0.85 – $0.95) a gram.

Under Uruguay’s new law, an individual can possess up to 10 grams of cannabis, though they can possess more if they grow their own, as they’ll be allowed to legally cultivate up to six plants. Those who don’t grow their own will be able to purchase cannabis through state-licensed cannabis pharmacies.

Read moreUruguay to Sell Cannabis Tax Free at Less Than $1 a Gram to Undercut Black Market

Bellevue, Washington Votes to Allow Legal Cannabis Sales

The city of Bellevue, the 5th largest city in Washington, has voted too allow sales of recreational cannabis through state-licensed stores whichprettybuds are expected to begin opening by the end of the year.

On Tuesday the City Council voted 5 to 2 to reject a proposed moratorium which would have placed a ban on recreational cannabis retail outlets, four of which were approved to be in Bellevue by the state’s Liquor Control Board.

Read moreBellevue, Washington Votes to Allow Legal Cannabis Sales

New Poll: 90% of Connecticut Voters Support Legal Medical Cannabis

Quinnipiac University poll released today has found that a drastic majority of Connecticut voters support the legalization of medical cannabis. In fact, the poll found wikipediabudConnecticut to have the highest support for medical cannabis legalization ever recorded in the U.S. by a professionally conducted poll.

According to the poll, 90% of voters in Connecticut support making medical cannabis legal, with just 9% opposed. Among voters aged 18 to 29, a mind-boggling 99% support the move towards legal medical cannabis.

Read moreNew Poll: 90% of Connecticut Voters Support Legal Medical Cannabis