Plenty of smoke clouds the future of legalized pot in Washington
Entrepreneurs and regulators struggle with how to make Washington's marijuana law work – and pass federal muster
The Los Angeles Times (US)
Tuesday, December 11, 2012
Tuesday, December 11, 2012
The law setting up the US's first legal regulatory system for retail pot won't allow sales until next year. And the federal government still considers marijuana illegal. Then there are the taxation provisions: Can legal retailers compete with the black market when they have to payover 25% in taxes? What about the provision that says marijuana shops can't stock anything but pot and pot supplies?