(Tedd Wetherbee is pictured inside the planned location for The Gallery, his marijuana retail outlet in Gig Harbor, Washington May 7, 2014. Gig Harbor has enacted a six month emergency moratorium on retail marijuana, leaving Wetherbee in a difficult position. Â REUTERS/David Ryder)
Local pot bans and temporary moratoria are throwing a wrench in some folks’ cannabis business plans. Here’s an excerpt from Eric Johnson’s story:
Tedd Wetherbee spent months, and at least $30,000, setting up his marijuana shop in the Puget Sound hamlet of Gig Harbor, and planned a grand opening once his Washington state retail license was issued in July.
Then, with no word of warning, the local city council voted unanimously last month to enact a 6-month emergency moratorium on pot businesses, citing concerns they could violate a buffer zone between marijuana sales and schools.
“I was just shocked. I’ve signed a 5-year lease here. I’ve got $6,000 worth of tile arriving next week,” said Wetherbee, standing in his unfinished shop, The Gallery. “It’s dead now.”
Have a look a the full story here at Yahoo News.