Should Washington open its cannabis industry to out-of-state investors?
State lawmakers in both parties are pushing to open the cannabis industry to out-of-state investors, a move that would align Washington state with the rest of the West Coast.
Since 2017, legislation to lift Washington’s six-month residency requirement for investors has faced push-back from small business owners — including Seattle’s Uncle Ike’s — who say the industry would be flooded with big money, leading to consolidation and the death of locally owned craft cannabis stores.