Inslee: Wash. to keep moving forward on legal pot

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Associated Press

Posted on January 22, 2013 at 9:03 PM

SEATTLE (AP) — Hundreds of people have packed an inaugural public forum in Olympia on the topic of developing rules for a legal marijuana market in Washington state.

The state Liquor Control Board is charged with regulating marijuana under the ballot measure that Washington voters approved last fall.

Board Chairwoman Sharon Foster said the board is thinking about changing its name to include "cannabis."

Among those who showed up Tuesday night was a former Microsoft manager, Jamen Shively. He told the board he plans to create a high-end company selling only the best "artisan-grown, premium" marijuana. He urged the board to err on the side of caution - of more controls and more testing - "so the feds line up behind us" rather than block the state's efforts.

One speaker noted that banks typically won't finance marijuana businesses, and called for a prepaid state-run financing program.

Washington voted to legalize recreational marijuana use by adults over 21 and to create state-licensed systems of growers, processors and retail stores that sell heavily taxed pot.

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