New Wash. Law Invites Tribes Mulling Marijuana Biz

Law360, New York (May 29, 2015, 4:59 PM EDT) -- A first-of-its-kind Washington law allowing the state to negotiate compacts with Native American tribes to sell and distribute marijuana offers the enticement of a reliable regulatory framework while shielding the state from the risk of revenue loss and federal intervention should tribes strike out on their own, experts say.

Signed on May 8 by Washington Gov. Jay Inslee, HB 2000 authorizes the governor to reach compacts with tribes on a wide variety of issues, including the processing, sale and possession of marijuana for recreational and medical...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.