Washington state’s experiment with recreational marijuana hit a milestone Wednesday when the agency tasked with regulating the new legal market issued the first business license.
The Washington State Liquor Control Board officially gave the green light to a Spokane-based company called Kouchlock Productions that can now grow the green stuff on up to 21,000 square feet of land. It’s the first of thousands of applications on which the board will make a decision. Officials have been interviewing applicants and investigating properties since the applications started pouring in during a month-long window in November.
“This is a historic day,” board chair Sharon Foster said in a statement. “The hard work and preparation this agency has done has laid the foundation to make this pioneering endeavor a success.”
Businesses can apply to produce, process or sell pot in a retail shop. Producer licenses are being issued first so that stores will have products to sell when they open up, likely sometime this spring.
- The Fight to Save the Salmon
- Inside the World of Black Bitcoin, Where Crypto Is About Making More Than Just Money
- The 'Great Resignation' Is Finally Getting Companies to Take Burnout Seriously. Is It Enough?
- Suddenly, Everyone on TV Is Very Rich or Very Poor. What Happened?
- Colin Powell Reflects on His Mistakes in Unpublished TIME Interview
- Business Travel's Demise Could Have Far-Reaching Consequences
- If the U.S. Spends Big on Climate, the Rest of the World Might Follow