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September 30, 2014

Pot industry lobby is small but growing fast

  • In Washington state, the industry's contributions are channeled into reducing the tax rate on pot and kicking some marijuana revenue back to cities and counties.
  • By KRISTEN WYATT
    Associated Press

    DENVER — The entrepreneurs of the young U.S. marijuana industry are taking another step into the mainstream, becoming political donors who use some of their profits to support cannabis-friendly candidates and ballot questions that could bring legal pot to more states.

    The political activity includes swanky fundraisers at Four Seasons hotels and art auctions at law firms. And members of Congress who once politely returned the industry's contribution checks are now keeping them.


     
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