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Ten years after Washington voters approved one of the nation’s first recreational marijuana programs, the state’s cannabis industry has become among the country’s largest, with annual sales of roughly $1.5 billion and more than 11,000 employees.

Yet as Washington state marks the 10-year milestone, industry executives and advocates say reforms are needed to address issues such as high taxes and a “gotcha” regulatory climate as well as a shortfall in minority participation.

They also argue that companies face a funding squeeze and that more needs to be done to make the state’s cannabis industry more competitive if and when the federal government legalizes marijuana.

Episode 876 The #TalkingHedge dives into MJ Biz Daily’s article...

https://youtu.be/8N2gHdqZ0v4