Last week we learned about growing and processing Cannabis, and this week our own member, Brad Kihm, spoke about the retail end of the new business in Washington State.
 
 

Brad Kihm

Brad Kihm is a co-owner of Cascade Kropz, graduated Snohomish High 2002, own Cascade Kropz with his mother.
 
Initially he was going to grow and applied for a grow license but many others were applying for the grow licenses so they also applied for a retail license.  Arlington was attractive for the business as there were moratoriums in other cities. 
 
They were the only retail applicant that followed the appropriate processes for the retail location.
Fourth store in the state to open.  First in Snohomish County.
 
Eighth most successful store in the state.
 
Seed to Sale program:  Plants are bar coded when cloned and that barcode stays with it until it is sold.  The plants are tracked all the way though sale (height, etc.).
 
Over 100 strains of marijuana are available at Cascade Kropz. 
400+ people visit the store on a busy Friday.
 
High security at the store.  Secure hallway where ID is checked prior to entering the store.
Legal to sell to Canadian and other states’ residents.  21+
 
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Can have up to three stores on one 502 license but there has to be a spot open.  No other spots open in Arlington.
Average client age is 45ish.  More 21 year olds coming in.
 
At every level the product is taxed at 25%.  Arlington gets 10% of the tax.  Since July the state has received $21 million in excise tax on marijuana.  Sales tax is on top of that.