BRUSSELS: The government of the State of Washington is expecting a tax windfall as marijuana sales are booming, however, as weed become legal elsewhere, tough market competition might narrow local pot businesses’ lucrativity.
Kristian Rouz – The US state of Washington is anticipating to extract significant fiscal benefits from legal marijuana sales as the market has been booming since legalizing the licensed use of medical and recreational weed.
However, Olympia’s bright fiscal outlook might be undermined, as the marijuana industry in the neighboring state of Oregon is starting to distract customers from the Evergreen State.
The ‘weed craze’ in Portland has offered more often than not more attractive prices since the legalization bill was adopted in July, thus impairing the commercial performance of pot shops in the Seattle-Vancouver border region.
