MJ Biz has the latest update
The Washington DC City Council is set to lay the groundwork Friday for a long-delayed recreational marijuana industry, now that Congress appears ready to step out of the district’s way and permit a $200 million market.
Although the district has had a quasi-legal recreational marijuana “gifting” business since voters legalized adult use in 2014, a full-fledged industry has been on hold because of roadblocks placed by congressional Republicans over the past seven years.
Those roadblocks now appear to be ending. And city leaders are eager to establish a regulated recreational market in lieu of the loosely controlled gray market currently in place.
The launch could come as soon as August 2022, according to MJBizDaily sources.
The process will start with a full-day City Council hearing Friday.
That’s when local lawmakers will consider a bill from the council president to launch a licensed adult-use market as well as a measure to expand the district’s medical cannabis program.
Read the full report at https://mjbizdaily.com/washington-dc-poised-to-create-new-licensed-recreational-cannabis-market/?utm_medium=email&utm_source=newsletter&utm_campaign=MJD_20211119_NEWS_Daily
