I-502

Associated Press

Washington’s former “pot czar” says a proposed overhaul of medical marijuana could drive lots of business to the coming state-licensed pot stores. And though they’ve come in for criticism from some advocates, Mark Kleiman says the proposed changes would probably be good for patients, too.

Kleiman is the UCLA professor hired to advise the Washington state Liquor Control Board. That contract has now ended.

Right now, medical marijuana users in Seattle buy pot at one of an estimated 240 loosely-regulated dispensaries. But state agencies are recommending rules that would basically shut those stores down. Patients would have to shop instead at one of the state-licensed stores set to open next year under Initiative 502.

Keith Seinfeld / kplu

Verity Credit Union has backed away from helping marijuana businesses open checking accounts. The move is a major setback for pot businesses as the Seattle credit union had been the only financial institution in the state openly providing banking to those shops.