SEATTLE (AP) — The campaign to legalize, regulate and tax the sale of marijuana for adults in Washington state raised more than $500,000 in the second half of this month, putting it at over $6 million in total contributions.

Records filed with the state Public Disclosure Commission show that New Approach Washington, the group pushing Initiative 502, has also spent more than $5.9 million. It’s got nearly $67,000 left.

Initiative 502 would set up a state-licensed system for growing, producing and selling marijuana to adults over 21. Financial analysts estimate it could bring the state hundreds of millions of dollars a year in new tax revenue, but it could also set up a fight with the federal government about whether states can take such steps in light of the federal prohibition on marijuana.


Copyright 2012 The Associated Press.


Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

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

Twitter picture

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

Facebook photo

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


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Listen Live