Seattle's Only Legal Pot Shop Runs Out of Marijuana After Three Days

Image: Seattle's Only Legal Pot Shop Runs Out of Marijuana After Three Days Patron, left, counts money to purchase marijuana at Cannabis City, Washington's first recreational marijuana store to open July, 8, 2014 in Seattle.

Friday, 11 Jul 2014 06:27 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Cannabis City in Seattle, the only shop in Washington’s largest city to legally offer marijuana, ran out of stock on the third day of state-approved retail sales, its owner said.

The store, one of 25 licensed statewide this week, had 11 pounds — or 4,990 grams — of pot when it opened July 8 and sold out about 5 p.m. local time yesterday, owner James Lathrop said. With taxes, 2-gram bags sold for $46.77, he said.

"We knew it was coming," Lathrop said. "We didn’t have any guaranteed additional deliveries."

Washington, home to Amazon, Microsof, and Starbucks, became the second state after Colorado to permit the sale of marijuana for recreational use. Voters in both states approved ballot initiatives in 2012, and Colorado retailers began sales in January.

Lathrop said growers didn’t receive licenses in time to produce enough marijuana for the store openings this week. The plants take three to four months to mature, he said.

Washington issued 90 licenses to pot growers and processors as of last week, according to Brian Smith, a spokesman for the Washington State Liquor Control Board, the agency charged with regulating the industry.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Low-Carb Diet Beats Low-Fat for Weight Loss: Study

Monday, 01 Sep 2014 21:26 PM

Alow-carbohydrate diet is better for losing weight and may also be better for lowering the risk of heart disease than a  . . .

NYPD's Bratton Defends Response in Custody Death

Monday, 01 Sep 2014 19:48 PM

It appears New York City police officers behaved appropriately when they put a protective body wrap on drug user who lat . . .

Fast-Food Workers Seeking Raises Plan Strike in 150 Cities

Monday, 01 Sep 2014 19:42 PM

Fast-food workers in 150 U.S. cities plan to protest this week in what could be the largest strike since the demonstrati . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved