// Definition
Washington State's Initiative 502 (I-502) legalized recreational cannabis sales. By mid-2016, cumulative sales were approaching one billion dollars, demonstrating the massive economic scale of regulated cannabis markets.
// From the Episode
A guest on ep098 reported that 502 sales were just under a billion dollars total, with significant monthly tax revenue being generated for Washington State. This was presented as evidence of the viability and scale of legal cannabis markets. The guest ran a licensed grow and extraction operation under 502.
// Source
Ep. 098 Hash Church XCVI 96 →