Washington’s first wave of state-licensed cannabis retail stores are anticipated to open for business next week. Initiative 502, approved by a majority of voters in November 2012, authorizes the establishment of state-licensed cannabis producers and retail sellers.
The state’s Liquor Control Board is expected to begin issuing licenses on Monday, July 7. An estimated 20 retail stores are anticipated to open their doors later in the week. Similar state-sanction stores have been operating in Colorado since January 1.
With only a small number of stores likely to be operational at first, regulators anticipate that consumers’ demand for legal cannabis may initially outpace supply. In Colorado, retailers struggled initially to meet consumer demand, resulting in temporarily inflated retail prices for cannabis. Prices have steadily fallen in Colorado as additional retailers have opened for business.
Since the passage of Initiative 502, police filings for low-level marijuana offenses have fallen from over 5,000 annual arrests to just over one hundred.
[UPDATE: Here is a list (c/o of the Seattle Post Intelligencer) of the first 24 state-licensed stores:
WHIDBEY ISLAND CANNABIS COMPANY — 5826 S KRAMER RD STE, Langley
WESTSIDE420 RECREATIONAL — 4503 OCEAN BEACH HWY, Longview
VERDE VALLEY — 4007 MAIN ST, Union Gap
TOP SHELF CANNABIS – 3857 HANNEGAN RD, Bellingham
THE HAPPY CROP SHOPPE — 50 ROCK ISLAND RD, East Wenatchee
SPOKANE GREEN LEAF — 9107 N COUNTRY HOMES BLVD, Spokane
SPACE – 3111 S PINE ST, Tacoma
SATORI/INSTANT KARMA — 9301 N DIVISION ST, Spokane
NEW VANSTERDAM — 6515 E. MILL PLAIN BLVD, Vancouver
MARGIE’S POT SHOP — 405 E STUEBEN, Bingen
MAIN STREET MARIJUNA — 2314 MAIN ST, Vancouver
HIGH TIME STATION — 1448 BASIN ST NW, Ephrata
GREEN THEORY — 10697 MAIN ST STE B, Bellevue
GREEN STAR CANNABIS — 1403 N DIVISION ST, Spokane
FREEDOM MARKET — 820A WESTSIDE HWY, Kelso
CREATIVE RETAIL MANAGEMENT — 7046 PACIFIC AVE,Tacoma
CASCADE KROPZ — 19129 SMOKEY POINT BLVD, Arlington
CANNABIS CITY — 2733 4TH AVE S, Seattle
BUD HUT — 1123 E STATE ROUTE 532, Camano Island
AUSTIN LOTT — 29 HORIZON FLATS RD, Winthrop
ALTITUDE – 260 MERLOT DR, Prosser
4US RETAIL — 23251 HWY 20, Okanogan
420 CARPENTER — 422 CARPENTER RD, Lacey
2020 SOLUTIONS – 2018 IRON ST, Bellingham]