Originally published on Fri September 6, 2013 4:48 pm
Marijuana-based businesses in Washington will be able to pay their taxes in cash. That’s the word from the state’s Department of Revenue.
The agency is gearing up for more cash filers in its field offices.
Most banks are unwilling to open accounts for marijuana businesses because of the federal prohibition on pot. That means Washington’s new, legal recreational marijuana market could be a largely cash-based enterprise.
Originally published on Thu August 29, 2013 6:18 pm
It was the call Governor Jay Inslee has been waiting for since the beginning of the year. U.S. Attorney General Eric Holder giving Washington – and Colorado – the green light to proceed with marijuana legalization. But the feds reserve the right to intervene if they see problems.
It’s Friday — time to talk over the week’s news. The Department of Justice signals a long-awaited green light on new pot laws in Washington and Colorado. Fast-food workers in Seattle and across the country hold a one-day strike to push for an increase in minimum wage pay. The Obama Administration makes the case for American military involvement in Syria.
Plus, state Republicans choose a new leader, Seattle schools face a possible teacher strike, and same-sex couples get a break from the IRS.
Originally published on Wed August 28, 2013 4:16 pm
Legal pot? Not so fast. That’s the message from a growing number of Washington cities.
Several municipalities are considering whether to pass a moratorium on pot-related businesses. Others – like Bellingham and Olympia – have already enacted temporary bans.
Richland, Pasco and Kennewick are just the latest Washington cities to consider moratoriums. But it’s not just more conservative eastern Washington communities. Liberal Bellingham and Olympia have said ‘time out’ when it comes to legal, recreational pot.
Ross Reynolds talks with author Mark Bittman about food, health and politics and how they all intertwine. Also, Julia Harrison investigates the history and importance of sweets. She tells Ross about the role of sugary snacks in the Pacific Northwest.
The Chairman of the Senate Judiciary Committee says he's done waiting for answers about how the Justice Department will handle marijuana offenses in states that have legalized small amounts of the drug.
In Washington state, regulators are putting the finishing touches on rules for the new state-sanctioned recreational marijuana market. And the man hired to help shape those rules is raising a warning to local law enforcement: toughen up on the black market.
Jamen Shively is the former Microsoft Corporate strategy manager who would like to establish a national quality brand of marijuana. Former Mexican president Vicente Fox came to Seattle for a press conference Shively held on his new venture, Diego Pellicer, Inc. Ross Reynolds talks with the founder and CEO about branding and selling marijuana.
Originally published on Wed August 7, 2013 5:54 pm
The state of Washington has compiled a lengthy list of pesticides for marijuana growers to use -- even though these chemicals are not officially approved for pot. The new list is part of the state’s ongoing effort to regulate the production of legal, recreational marijuana.
Washington state expects to adopt final rules for the structure governing legalized marijuana under I-502 by next week. So officials with the state’s Liquor Control Board are touring the state to get feedback before the rules take effect.
With recreational pot legal in Washington state, the marijuana business is moving from back alleys to storefronts. Former Silicon Valley banker Brendan Kennedy wants to lead the way in the new pot economy. He is CEO of Privateer Holdings, a cannabis-focused venture capital fund. He’ll explain to Ross Reynolds why he sees it as a $50 billion legal business.