Lottery Week For Pot Retail Licenses

OLYMPIA, Wash. (AP) — A lottery is being held this week for 334 licenses the state of Washington plans to issue for the recreational marijuana stores.

The state Liquor Control Board set up a lottery system using an accounting firm and Washington State University’s Social and Economic Sciences Research Center.

A favorable rank in the lottery won’t guarantee a license. Applicants still have to pass a background check, financial investigation and other requirements before any licenses are issued. The first retail sales are expected to begin in July, under Washington’s recreational marijuana law.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

RELATED: Marijuana License Lottery Dates Announced

Comments

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Seattle

DOWNLOAD IT NOW!
Watch Danny Bonaduce On DANNY TV

Listen Live