Lawmakers in Olympia may soon force the state’s weed regulator to loosen penalties on pot farmers and retailers, metaphorically forcing the Liquor and Cannabis Board (LCB) to take a huge bong hit and chill out. After years of Washington’s weed industry complaining that they face a punitive enforcement climate, the state Legislature is now close to passing a proposed law that would dramatically reform the state’s pot regulatory enforcement rules. Full Story
Bank officials and others urged Congress on Wednesday to fully open the doors of the U.S. banking system to the legal marijuana industry, a change that supporters say would reduce crime risks and resolve a litany of challenges for cannabis companies, from paying taxes to getting a loan. Full Story
Just before Olympia’s regular session ended last week, a huge “omnibus bill” of pot laws quietly passed the legislature. The bill tackles a ton of legal issues, and it is now sitting on the governor’s desk waiting for a signature. Governor Jay Inslee has 20 days to sign it, though his office declined to comment on his feelings about the bill.
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