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Friday, 10/16/2015 2:59:20 PM

Friday, October 16, 2015 2:59:20 PM

Post# of 11575
$NWGFF About the Washington I-502 Marijuana Market

In November 2012, the Washington State Liquor Control Board ("WSLCB") passed Initiative 502 ("I-502") pursuant to a vote by the people of the State of Washington. I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products. A recent WSLCB commissioned report by the Rand organization suggests that there are currently up to 650,000 recreational marijuana users in Washington State, worth approximately $1.25 - $1.5 Billion USD in annual sales.

For further information about New Age Farm, please consult the Company's profile on SEDAR at www.sedar.com.

http://finance.yahoo.com/news/age-farm-sumas-green-campus-101500283.html

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