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For medical marijuana users in Washington, things are about to change.

\n

Although the state's medical marijuana program is 17 years old,\nWashington is just now moving to regulate production and distribution of\nmedical marijuana. Additionally, more regulation is coming with the\nlegalization of recreational cannabis use that was voted into law in\n2012.\nAlthough these things may seem positive on the surface, medical\nmarijuana cardholders aren't so sure.

\n

What the Future Holds for Medical Marijuana Users in Washington

\n

Although the state's new laws are supported by politicians on both sides\nof the aisle, critics are concerned that the changes will make medical\nmarijuana more difficult to access. Many fear dramatically increased\nprices, limits on possession amounts, and restricted access to specific\nmedical marijuana products needed by high-use patients. Additionally,\nmedical marijuana cardholders are concerned that the supply of medicinal\ncannabis could decline drastically once the state implements limits on\ngrowing.

\n

Changing Tax Status

\n

Until now, most of Washington's marijuana dispensaries have been untaxed\nand unregulated. With the new changes, however, consumers are concerned\nthat the high taxes (often up to\n37%)\nfaced by recreational consumer. What's more, it seems like their\nconcerns are spot-on. Washington's new regulations will be in place by\nJuly 1, 2016 and, at that time, medical users can begin to expect high\ntaxes and a retail market-like environment. It is worth noting, however,\nthat taxation on marijuana can be very lucrative for states and their\ncitizens. For example, in Colorado, taxes on recreational and medicinal\nmarijuana\nin 2014 alone pulled in $63 million. All of that tax revenue will be\nused to improve social services in the state and the excess may be paid\nback to\ncitizens\nin the form of a dividend.

\n

The Upside of the New Regulations

\n

Although medical marijuana users in Washington are concerned about what\nthe changes in regulation and taxation mean for them, there are a few\ndefinite upsides. In the past, medical cannabis has been completely\nunregulated, which means that everything from production method to\npesticide use has been completely up to the grower. Although many\ngrowers are ethical and careful about their products, some are not. That\nsaid, it's easy to see how Washington's new production and distribution\nregulations will provide better consumer protection. Additionally,\nstricter regulations have the potential to produce purer, higher quality\nproducts that are better for medical consumers.

\n

Change is always uncomfortable and it seems that Washington's new\nlegislation\nwill offer a trade-off: higher taxes and the potential for a decreased\nsupply in exchange for a safer product and better regulation.

\n

Photo Credit.

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