Washington State MMJ News
Washington state is rolling out its own marijuana seed-to-sale traceability system after having relied on the private sector for years, but so far, the government-run platform’s debut this month has been less than smooth.
Oregon state police last week confiscated roughly 500,000 pounds of unlicensed cannabis with an estimated value of $500 million that had been stored in five separate warehouses.
The flavor stars of the cannabis world, terpenes, are moving out of the realm of die-hard marijuana enthusiasts and becoming better known for the role the compounds play in the taste, aroma and mouthfeel of products at all THC levels.
Washington state regulators destroyed 13,000 pounds of cannabis valued at $3 million from three adjoining marijuana farms for allegedly growing more than allowed by regulations.
Adult-use cannabis sales in Western states haven’t been able to keep the pace that led to exceptional growth in 2020, with lackluster summer sales showing a decline in growth from the previous year.
As just one example of the ongoing threats cannabis growers experience in our changing climate, wildfires raged through Northern California in 2017.
At least four more states will legalize cannabis in some form in 2022 and industry mergers and acquisitions will “noticeably accelerate,” MJBiz CEO Chris Walsh predicted Wednesday.
