Pot-shop proprietors in Washington state were notified at around 2:30am Monday morning that they would finally be able to open for business.
The state issued licenses to 14 stores in western Washington and 10 stores in the eastern part of the state.
Spokane has three stores. Vancouver, Tacoma and Bellingham each have two stores. Seattle and the other cities on the list have one. (more…)
Washington state issued its first marijuana retail licenses Monday with a middle-of-the-night email alerting pot-shop owners they they will be able to open for business. Two Vancouver marijuana stores received their licenses from the Washington State Liquor Control Board at 2:30 a.m. Monday as part of the first group of 24 stores to get them around the state.
After approval, stores and their processors or producers must file a manifest for transporting product to the store location. After a 24-hour quarantine, the product can be transported and once received, it can be sold. (more…)
According to the mmjbusinessdaily.com website, The ArcView Group – which connects wealthy individuals (also called “angels”) with startup cannabis companies – has seen its membership increase by 50% over the past three months. It now has 150 investors on board, each of which is looking to invest at least $50,000 over the next year, according to CEO Troy Dayton.
ArcView also has seen an influx of entrepreneurs hoping to land investments from those members. To meet that demand, it recently launched a service that allows up to six companies to pitch remotely each week via video conferences. (more…)
SEATTLE — At least one retail cannabis shop is poised to open in Seattle when Washington State’s recreational marijuana program launches next week.
James Lathrop, the owner of Cannabis City, and his staff worked up to 16 hours a day for several months to prepare the business for an inspection by regulators. The staff finished construction an hour before the inspection last week. (more…)
