Legalization in Washington Tuesday, July 29, 2014 Heather Wolf, - - PowerPoint PPT Presentation

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Aug 13, 2023 41 likes •362 views

Marijwhatnow? Marijuana Legalization in Washington Tuesday, July 29, 2014 Heather Wolf, Partner Education: New York University, (BA, 1991) -Member Phi Beta Kappa University of Washington School of Law, (JD, 1997) Practice Areas: Land Use

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Marijwhatnow? Marijuana Legalization in Washington

Tuesday, July 29, 2014

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Education: New York University, (BA, 1991)

Member Phi Beta Kappa

University of Washington School of Law, (JD, 1997) Practice Areas: Land Use Law Real Estate Law Business Law Recreational Marijuana Business Law

Heather Wolf, Partner Contact Information:

(360) 676-0306 www.brownlieevans.com heather@brownlieevans.com http://www.brownlieevans.com/recreational-marijuana-business-resources/

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What does the law allow?

Anyone over the age of 21 can possess and privately consume:

Up to 1 ounce of dried

marijuana

Up to 16 ounces of marijuana

infused edibles

Up to 72 ounces of marijuana

infused products in liquid form

Up to 7 grams of concentrated

hash

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Where can you buy marijuana?

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Buying marijuana prior to legalization

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First legal retailers!

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Where can you consume marijuana?

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Who can grow?

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Only licensed producers can grow, it is still illegal to grow your own marijuana

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Three Tiers

Tier 1: Less than 1,400 square feet Tier 2: 1,400 square feet to 7,000 square feet Tier 3: 7,000 to 21,000 square feet

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Where can I set up my marijuana business?

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You cannot be within 1,000 feet of any elementary or secondary school, playground, recreation center, child care center, public transit center, library or game arcade

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Only 106 Producer Licenses have been issued to date

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What will revenue numbers look like?

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From July 1, 2014 to July 25, 2014 marijuana licensees have generated $1,865,853 in sales, and $466,463 in excise taxes system wide

Producers: $37,388 in sales - $9,347 in taxes
Processors: $743,112 in sales - $185,778 in taxes
Retailers: $1,085,353 in sales - $271,338 in taxes

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Can I drive high?

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Unanswered questions…

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Marijuana Tourism

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Be Bed & B & Breakfast kfast

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Impact on liquor sales?

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Banking?

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