The Washington State Office of Financial Management has finally released its much anticipated report on the marijuana “legalization” initiative, I-502. (See link to the report at the end of this article)

While it claims that the state could see a financial windfall in the billions from the taxation and regulation of cannabis, it also warns of some very serious consequences and the possibility of zero revenue.

Steve Sarich, a well known Seattle area medical marijuana personality and anti-I-502 activist, sued the Office last month, stating the early numbers being used “are so far off it’s incredulous.”

He and the other activists that joined the lawsuit demanding a new report that included all the risks, including possible results from federal lawsuits.