WA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

There was $142,045,630 in legal marijuana and marijuana products sold in Washington in October, according to data released by the state’s Liquor and Cannabis Board.

The $142 million in marijuana sold in October marks a single-month record, besting the previous high of $133.5 million in August. The state garnered nearly $30 million in taxes from October’s sales. Overall for fiscal year 2018 – which began on July 1st – the state has garnered $120 million in taxes from $534 million in marijuana sales. This puts the state on track to top fiscal year 2017; the state brought in $314.8 million in taxes from $1.37 billion in sales.

The $142 million in marijuana sold in October in Washington is slightly higher than the amount of marijuana sold in Colorado during the same period; $127 million according to the state’s Department of Revenue.

Read moreWA: Over $142 Million in Legal Marijuana Sold in October, New Single-Month Record

WA: Over $140 Million in Legal Marijuana Sold in October, Setting New Monthly Sales Record

In Washington State there was $142,045,620.27 worth of legal marijuana and marijuana products sold in October, easily breaking the previous monthly record set in August ($133 million).

The over $140 million in legal cannabis sold in October resulted in nearly $30 million in taxes for the state. So far for fiscal year (FY) 2018, which began on July 1st of this year, there has been $534 million in marijuana sold, resulting in over $120 million in taxes. For FY 2017, which began on July 1st, 2016, and ended on June 30th, 2017, there was $1,371,882,585.79 in legal marijuana sold in Washington State in fiscal year 2017; the state garnered $314,838,969.21 in taxes from these sales.

This data was obtained by the Washington State Liquor and Cannabis Board (WSLCB). According to the WSLCB, 1,896 licenses have been issued throughout the state for marijuana producers, processors and retail outlets.

Read moreWA: Over $140 Million in Legal Marijuana Sold in October, Setting New Monthly Sales Record

Over $1.3 Billion in Legal Marijuana Sold in Washington in FY 2017

In fiscal year 2017, there was over $1.3 billion in legal marijuana sold in Washington State.

In total there was $1,371,882,585.79 in legal marijuana sold in Washington State in fiscal year 2017, which began on July 1st, 2016, and ended on June 30th, 2017. The state garnered $314,838,969.21 in taxes from these sales. All of this is according to data released by the Washington State Liquor and Cannabis Board (WSLCB).

For fiscal year 2016 there was $786 million worth of legal marijuana sold, resulting in $185 million in taxes. In fiscal year 2015, those in Washington State purchased $259 million in marijuana, garnering the state $64.8 million in taxes.

Read moreOver $1.3 Billion in Legal Marijuana Sold in Washington in FY 2017

Washington Hemp Legalization Bill Signed by Governor

Legislation that legalizes industrial hemp has been signed into law by Washington State Governor Jay Inslee.

House Bill 2064 passed the House of Representatives at the end of February with a vote of 98 to 0, and earlier this month passed the Senate with a unanimous 49 to 0 vote. Yesterday it was signed into law by Governor Jay Inslee.

The new law excludes industrial hemp “from the definitions of “controlled substance” and “marijuana” for purposes of the uniform controlled substances act.” The proposal establishes no regulatory framework or specific guideliens (such as grow or age limits), but simply makes hemp legal.

Read moreWashington Hemp Legalization Bill Signed by Governor

Washington Legislature Unanimously Passes Bill to Legalize Hemp with No License Required, No Grow Limits

Legislation to legalize hemp with no license required and no grow limits has been passed by Washington’s full legislature.

House Bill 2064 passed the House of Representatives at the end of February with a vote of 98 to 0. Today, the measure passed the Senate with a unanimous 49 to 0 vote. This sends it to Governor Jay Inslee for consideration; Inslee has the option of signing it into law, allowing it to become law without his signature or vetoing it. It’s highly unlikely Inslee would veto the measure, but if he did the legislature could override it with a two thirds vote.

If the measure does become law, as expected, it would exclude industrial hemp “from the definitions of “controlled substance” and “marijuana” for purposes of the uniform controlled substances act.” Given that the measure establishes no regulatory framework, this would allow hemp to be grown in a manner similar to other agricultural commodities with no license required, and with no limit on the size of the crop.

Read moreWashington Legislature Unanimously Passes Bill to Legalize Hemp with No License Required, No Grow Limits

Washington Bill to Legalize Hemp Passed Unanimously by Senate Committee, Already Passed Full House

hemp

Legislation that would explicitly legalize hemp in Washington State has been passed by its initial Senate committee.

hempHouse Bill 2064 was given unanimous approval this morning by the Senate Law & Justice Committee. Earlier this month it was passed unanimously by the state’s House of Representatives.

If passed into law, the measure would exclude “industrial hemp from the definitions of “controlled substance” and “marijuana” for purposes of the uniform controlled substances act.” This would legalize hemp in a manner similar to other agricultural crops such as tomatoes, as in their would be no limit on the amount grown, and no license required to begin cultivation.

Read moreWashington Bill to Legalize Hemp Passed Unanimously by Senate Committee, Already Passed Full House

Washington House Votes 88 to 9 to Legalize Sale of Marijuana Plants and Seeds to Patients 18+

Marijuana producers in Washington State would be allowed to sell immature cannabis plants and seeds to patients 18+ under a bill approved by the House.

Washington’s House of Representatives voted 88 to 9 to pass House Bill 2021, indicating widespread bipartisan support. The proposal now moves to the Senate, where passage would send it to Governor Jay Inslee for consideration.

House Bill 2021; “Authorizes marijuana producers to produce and sell marijuana plants and seeds at retail, at the premises of the marijuana producer, to qualifying patients age 18 and over and designated providers with valid authorization or valid recognition card.” It also allows “plants grown in a cooperative to be grown from marijuana seeds purchased from a licensed marijuana producer”.

Read moreWashington House Votes 88 to 9 to Legalize Sale of Marijuana Plants and Seeds to Patients 18+

Legislation Allowing Medical Cannabis on School Grounds Passes WA House

A legislative proposal that would allow patients to be administered medical cannabis while on school grounds has passed Washington State’s full House of Representatives.

House Bill 1060 was passed earlier today with a 78 to 19 vote, with one member of the House absent. The proposal now moves to the Senate, where its passage would send it to a supportive Governor Jay Inslee.

The proposed law would allow students who are medical cannabis patients to be administered medical cannabis (either by a parent, guardian or caregiver) on school grounds, which includes school buses and school-sponsored events.

Below is the legislative summary of the bill:

Read moreLegislation Allowing Medical Cannabis on School Grounds Passes WA House

Washington House Votes 98 to 0 to Fully Legalize Hemp, No License Required

The Washington State House of Representatives has unanimously given approval to legislation that would explicitly legalize hemp.

hempHouse Bill 2064 would exclude “industrial hemp from the definitions of “controlled substance” and “marijuana” for purposes of the uniform controlled substances act.”

This would make hemp as legal as any other agricultural commodity such as tomatoes or corn. The measure establishes no specific licensing system, meaning anyone would be allowed to grow the crop without first registering with the state.

Read moreWashington House Votes 98 to 0 to Fully Legalize Hemp, No License Required

WA Bill to Allow Medical Cannabis On School Grounds Passes Second Committee With 26 to 6 Vote

A Washington measure that would allow the administration of medical cannabis on school grounds has been approved by its second House committee.

Cannabis tincture.

The House Appropriations Committee gave approval to House Bill 1060 on Friday with a 26 to 6 vote (with 1 voting to pass but without recommendation). The vote comes 18 days after the bill was passed by the House Healthcare and Wellness Committee with a 13 to 3 vote. It’s now been sent to the House Rules Committee where it can be scheduled for a vote by the full House of Representatives.

Under the proposed law, schools would be required to adopt policies that allow for the administration of cannabis-based medicines to qualified patients by a parent, guardian or primary caregiver. The measure specifically covers all “school grounds”, which includes school buses and school-sponsored events.

Read moreWA Bill to Allow Medical Cannabis On School Grounds Passes Second Committee With 26 to 6 Vote