A new poll released this week shows that public opinion still favors cannabis legalization in Colorado, more than a year after Amendment 64 passed. Public Policy Polling surveyed almost 1,000 Colorado voters, asking the question “In general, do you think marijuana usage should be legal or illegal?”. The results found that 53% of voters remain in favor of legalization, with just 38% opposed (9% were unsure).
Thanks to the passage of Initiative 502 last November, recreational cannabis retail outlets will be opening throughout Washington State beginning next year. However, due to limitations set forth by the state’s Liquor Control Board – which is tasked with regulating the new market – 334 retail outlets will be allowed to open, with only 21 of those planned for the state’s largest city, Seattle. Now, Seattle City Attorney Pete Holmes is calling for a large increase in this limit.
In less than a week since the application process opened for recreational cannabis business licenses in Washington, the state has received over 800 applications from those wishing to grow, sell or process cannabis.
According to Rick Garza, Director of the state’s Liquor Control Board – the entity tasked with handling recreational cannabis licenses – roughly 200 of the applicants are for retail outlets; the state will allow 334 throughout the state.
Central City, the original site of the 1859 Colorado gold rush, is now the first city in Colorado to have a store licensed to sell marijuana to adults! The store, called Annie’s, is a medical marijuana dispensary that will begin selling marijuana to adults on January 1st, pursuant to Amendment 64. Annie’s is the first store to receive a license, but it won’t be alone for long. The state is considering hundreds of other applications and is expected to issue many more licenses in the coming weeks and months.
Starting a process which will soon result in the opening of cannabis retail outlets throughout the state, Colorado will officially begin accepting applications tomorrow (October 1st) for those wanting to open a recreational cannabis business.
During this initial application period, only existing medical cannabis outlets will be allowed to apply for a retail license. Of the 522 dispensaries in the state, at least a couple hundred are expected to apply.
In an announcement that will have deep implications for the newly-legal recreational cannabis industry in Washington State, Bank of America has agreed to be the state’s primary cannabis banker, meaning they’re willing to accept millions of dollars from recreational cannabis sales.
Currently Bank of America is Washington State’s official bank, which handles all of the state’s funds. However, the bank’s 7-year contract with the state runs out on June 30th. Washington asked for bids this month, specifically mentioning that accepting deposits of large amounts of cannabis-money will be a requirement.
Today at 11am, activists will hand out hundreds of free joints in Denver, Colorado to protest a proposed tax rate for the newly-legal recreational cannabis industry which will be voted on this November.
The event will take place at Denver Civic Center Park, and will be entirely legal given that sharing cannabis is no longer a crime in Colorado, as long as they don’t receive payment.
Washington State’s Liquor Control Board, the entity tasked with regulating the newly-legal recreational cannabis industry, has released its latest draft regulations, which includes the number of retail outlets which will be allowed in each county. Under the proposed rules – which will be finalized by October 16th – a maximum of 334 retail outlets will become licensed by the state to legally distribute cannabis to adults; 61 can be located in King County, the state’s biggest county, with 21 being allowed in Seattle.