Washington state marijuana group wants its legislation withdrawn

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The
Washington
CannaBusiness
Association
(WACA)
on
Friday
requested
that
legislation

it
proposed

last
September
to
create
a
cannabis
social
equity
fund be
withdrawn

for
consideration
this
year.

WACA
requested
the
withdrawal
of
two
bills:
One
called
for
removing
barriers
to
capital
for
minority
business
owners.
The
other
sought
to
eliminate
a
residency
requirement
for
potential
investors
in
the
MJ
market.

The
group
made
the
withdrawal
request
following
a
state
House
committee
hearing
on
one
of
the
proposed
bills.
It
did
not
give
an
explanation
for
the
decision.

WACA,
however,
“remains
concerned
that
Washington’s
potentially
unconstitutional
ban
on
access
to
capital
continues
to
be
in
effect,”
Vicki
Christophersen,
executive
director
of
the
WACA,
said
in
a
statement.

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