WA cannabis market faces pressure from federal changes and oversupply

Federal cannabis policy changes, market consolidation and difficulties with illicit-market enforcement remain among the biggest challenges facing Washington’s legal marijuana industry, according to leaders of the Washington State Liquor and Cannabis Board.

During a wide-ranging discussion of cannabis regulation and enforcement with host Austin Jenkins on TVW’s “Inside Olympia,” Executive Director Will Lukela and Director of Policy and External Relations Justin Nordhorn described a market facing uncertainty from both federal and state developments.

One of …