Campaign To Regulate Pot Sales In Washington State Hits $6 Milli - Spokane, North Idaho News & Weather KHQ.com

Campaign To Regulate Pot Sales In Washington State Hits $6 Million

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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. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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