Business | Law | National

Suquamish Tribe debuts second marijuana outlet in Washington






Agate Dreams is located at 15915B State HWY 305 NE in Poulsbo, Washington. Photo from Facebook

The Suquamish Tribe of Washington opened a marijuana outlet on Tuesday.

Agate Dreams is the second marijuana store on a reservation in the state. The operations are governed by a compact that the tribe signed with the Washington State Liquor and Cannabis Board.

“We want to prove to the state and the nation that tribes can get into this business,” manager Calvin Medina told The Kitsap Sun.

The tribe is imposing the same 37 percent tax as the state as well as an additional 8.2 percent tax, The Stranger reported. All revenues will be retained by the tribe.

The Squaxin Island Tribe opened its Elevation store last month. The tribe also has a compact with the state.

Washington has legalized marijuana for recreational and medicinal purposes. In fiscal year 2015 -- the first year of sales -- marijuana generated $259.8 million, according to the Washington State Liquor and Cannabis Board. Taxes generated nearly $65 million for the state.

So far in fiscal year 2016, which started on July 1, sales have generated $361.6 million. Taxes have totaled nearly $69 million.

Get the Story:
Suquamish Tribe opens marijuana shop (The Kitsap Sun 12/9)
Washington State’s Second Native American-Owned Pot Shop Is a Big Win for Tribal Sovereignty (The Stranger 12/9)

Related Stories:
Hilary Bricken: DOJ sending mixed signals on tribal marijuana (11/17)
Squaxin Island Tribe set for grand opening of marijuana store (11/12)
Squaxin Island Tribe to open marijuana store on November 12 (11/10)
Colville Tribes pass resolution for small amounts of marijuana (10/06)
Colville Tribes weigh amendment for small amounts of marijuana (09/30)
Hilary Bricken: Suquamish Tribe enters landmark marijuana deal (9/22)
Suquamish Tribe signs first marijuana compact in Washington (09/15)

Join the Conversation