After investing months of work and tens of thousands of dollars in their Tacoma business, Tyler Severy and his partners last spring won a state license to grow, process and package marijuana – seemingly something akin to a golden ticket.
But Severy says Torch NW, formerly Commencement Bay Production and Processing, is limping from payday to payday because it’s sitting on bud that stores can’t sell.
He blames the competition.
Hundreds of shops around the state – an estimated 250 to 350 in King County alone – sell marijuana intended for medicinal use. They vastly outnumber the more than 60 state-licensed stores that have opened so far, including about five in most-populous King County.
