Next year will mark the 10th anniversary of the passage of I-502, the ballot initiative that Washington voters approved 56–44% in November 2012, becoming – along with Colorado – the first states in the nation to take the plunge into marijuana legalization.
I-502 created a regulated market that generates hundreds of millions in tax dollars for the state through the sale of small amounts of marijuana and other cannabis products to those 21 and over.
A lot has changed in the last nine years, but some key aspects of the policy remain the same, and the industry says it is time for updates.
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