Washington weed industry in a funk


Washington weed industry in a funk

These are just a few of the weekly pitches offered by Shawn Kemp's Cannabis, one of the largest dispensaries in Seattle. The deals, which range from 55 to 65 percent off, reflect a larger trend in Washington's matured marijuana market: You can now buy more weed for less.

The total value of cannabis sales, which bring in hundreds of millions of dollars in tax revenue to the state each year, has declined in 2025, continuing a slump now in its fourth year. Local pot shops and the state's cannabis board point to a flooded market without a growing consumer base as a reason for the decreasing revenue, even as the volume of marijuana products sold holds steady.

With a 47 percent tax rate on cannabis products, some shops are barely breaking even. And in Seattle, a city with more than 50 licensed dispensaries, business owners are searching for creative ways to make their products stand out.

"You can buy twice as much (cannabis) for the same amount of money as a couple years ago," said Tran Du, manager and co-owner of Kemp's Cannabis.

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