Alaska pot regulators OK first retail license

Article by Mark Thiessen, The Associated Press via News 1130

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The owners of Frozen Budz have high hopes now that they’ve received Alaska’s first retail marijuana license.

Destiny Neade, co-owner of the Fairbanks business, received a round of applause from the audience after she won unanimous approval for the inaugural permit from the five-man Alaska Marijuana Control Board.

She clapped with both hands above her head after getting the OK. As she walked back to her seat, she told the audience, “Now all I need is some herb.”

“I’m excited because I really need to start making some money,” Neade told The Associated Press.

She and her husband Nick Neade have poured more than $150,000 into their fledgling business. They hope to open shop by Oct. 1.

The board has been working on rules for the industry since the November 2014 vote approving the recreational use of marijuana. Pot is also legal for adults in Washington state, Oregon, Colorado and the District of Columbia.

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