Hilary Bricken in The Seattle Times

Washington state moves into uncharted territory in 2014 with the licensing and opening of legal recreational pot businesses. We asked experts in the state and elsewhere to predict the year ahead for pot, not just here, but also around the country and the world.

Because of federal prohibition, pot businesses are also denied standard business tax deductions, in effect lowering their profits.

Without the pillars of banking and tax deductions, (Hilary) Bricken said, legalization could fail unless other states follow the path of Colorado and Washington, creating more political momentum for solving these two problems.