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Will Washington Rethink Residency Rules For Marijuana Businesses?

State lawmakers may take another look at restrictions on ownership regulations.

When Colorado and Washington kicked off recreational marijuana legalization and business licensing, both states limited ownership of licensed marijuana businesses to their own state residents.

Oregon’s ballot measure, passed two years later, followed suit. But Oregon’s legislature almost immediately removed that restriction.

Colorado’s legislature similarly lifted the restriction in 2016, allowing US citizens to qualify for ownership of licensed cannabis businesses. California, Nevada, and the clear majority of legal cannabis states allow at least some level of out of state ownership of licensed businesses.

Read More at TheFreshToast.com



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