Alaska regulators OK 1st retail licence for marijuana products
The owners of Frozen Budz have high hopes now that they've received Alaska's first retail marijuana licence.
Destiny Neade, co-owner of the Fairbanks business, received a round of applause from the audience after she won unanimous approval for the inaugural permit from the five-man Alaska Marijuana Control Board.
She clapped with both hands above her head after getting the OK.
As she walked back to her seat, she told the audience, "Now all I need is some herb."
"I'm excited because I really need to start making some money," Neade told The Associated Press.
She and her husband Nick Neade have poured more than $150,000 into their fledgling business. They hope to open the shop by Oct. 1.
The board has been working on rules for the industry since the November 2014 vote approving the recreational use of marijuana. Pot is also legal for adults in Washington state, Oregon, Colorado...
This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.
Follow us on Instagram
Connect with us on Linkedin