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Potentially a model for the country as well.

Here’s your daily round up of pot news, excerpted from the newsletter WeedWeek.

Politico explains how California’s REC initiative, if passed, will disrupt the existing supply chain and provide a windfall to distributors. No other state has a similar model.

A majority of California Latinos oppose legalization, though it’s somewhat more popular among younger voters.

Graphic: AP/CBS

​A coalition of House lawmakers has reintroduced legislation that would legalize and regulate the “production, distribution and sale” of marijuana to adults in Washington state.

House Bill 1550 allows for the state-authorized cultivation and distribution of cannabis and marijuana-related products. It is similar to HB 2401, which in 2010 didn’t make it past the Committee on Public Safety & Emergency Preparedness.
A state fiscal analysis of the measure estimates that regulating and taxing marijuana sales could yield some $300 million in new revenue per biennium, while also reallocating an estimated $25 million annually in law enforcement costs.