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The marijuana industry in Washington state is still faces challenges after 10 years of legalization

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Ten years after voters in Washington approved the first recreational marijuana program in the United States, the marijuana industry has become one of the largest industries in the state, with annual sales of about $1.5 billion and more than 11000 employees. However, at the 10-year milestone, industry executives and advocates said reforms were needed to address issues such as high taxes and a "trap" regulatory environment and insufficient minority participation. They also believe that if the federal government legalizes marijuana, enterprises will face financial constraints and need to do more to make the state's marijuana industry more competitive.


Source: mjbizdaily com