House Panel Hears Bill to Tax Medical Pot Sales - Spokane, North Idaho News & Weather KHQ.com

House Panel Hears Bill to Tax Medical Pot Sales

Posted: Updated:

OLYMPIA, Wash. - A House committee is holding a public hearing Monday on a measure to tax medical marijuana dispensaries. It is an effort to undermine any black market when sale of state-taxed recreational marijuana starts at the end of the year.

The measure would hit dispensaries with a tax equal to 25% of their sales of cannabis and cannabis-infused products.

Under Initiative 502 adults over 21 can have up to an ounce of pot. The state plans to start issuing licenses to marijuana growers, processors, and retail stores with the marijuana taxed 25% at each stage.

The state Liquor Control Board is still coming up with rules for the industry. Sales are set to begin late this year.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Throwback Thursday! Look At 'Sunshine Shelly' Through The Years!

    Thursday, March 20 2014 1:04 PM EDT2014-03-20 17:04:11 GMT
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>
    KHQ.COM - It's throwback Thursday! Here is a slideshow we would like to share of Shelly Monahan through the years! For those of you who have been in Spokane for many years, and saw her through her "Sunshine Shelly" days, you will probably remember the Shelly from back in those days. Enjoy!>>
  • VIRAL VIDEO: Holy Moly! This girl is definitely NOT afraid of spiders!

    VIRAL VIDEO: Holy Moly! This girl is definitely NOT afraid of spiders!

    Monday, September 1 2014 12:00 PM EDT2014-09-01 16:00:12 GMT
    KHQ.COM - You don't even know what this girl is about to do to prove she is definitely NOT afraid of spiders! Is she crazy or just fearless? Would you do this for $500? $1,000? $20,000? >>>WATCH>>>>>
    KHQ.COM - You don't even know what this girl is about to do to prove she is definitely NOT afraid of spiders! Is she crazy or just fearless? Would you do this for $500? $1,000? $20,000? >>>WATCH>>>>>
  • Barista-stand owner faces prostitution charge

    Barista-stand owner faces prostitution charge

    Monday, September 1 2014 10:10 AM EDT2014-09-01 14:10:27 GMT
    EVERETT, Wash. (AP) - Authorities say the owner of bikini coffee stands in Washington state banked more than $2 million in just three years because her baristas were also selling sex acts. Snohomish County prosecutors charged 52-year-old former nude dancer Carmela Panico with promoting prostitution and money laundering, alleging that she was the madam of drive-thru brothels throughout the county north of Seattle.>>
    EVERETT, Wash. (AP) - Authorities say the owner of bikini coffee stands in Washington state banked more than $2 million in just three years because her baristas were also selling sex acts. Snohomish County prosecutors charged 52-year-old former nude dancer Carmela Panico with promoting prostitution and money laundering, alleging that she was the madam of drive-thru brothels throughout the county north of Seattle.
    >>