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Proposal would tax marijuana trade names, devote money to agriculture research

Creators can’t exactly go to the patent office to trademark their creative names for a federally illegal product, but with recreational marijuana sales about to be legal and taxed in Washington, those names could be worth a lot of money. And it could mean extra revenue for state government, said Rep. Jeff Morris, D-Anacortes, who is sponsoring House Bill 1976.

Published: March 5, 2013 at 9:50 p.m. PST
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Creators can’t exactly go to the patent office to trademark their creative names for a federally illegal product, but with recreational marijuana sales about to be legal and taxed in Washington, those names could be worth a lot of money. And it could mean extra revenue for state government, said Rep. Jeff Morris, D-Anacortes, who is sponsoring House Bill 1976.

Read more: http://blog.thenewstribune.com/politics/2013/03/05/proposal-would-tax-marijuana-trade-names-devote-money-to-ag-research/

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