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Entrepeneurs preparing to grow pot for state

Published On: Jun 14 2013 08:54:11 PM CDT   Updated On: Jan 06 2014 01:21:15 PM CST
SPOKANE, Wash. -

On December 1 everyone in Washington will find out who will be allowed to grow and sell marijuana, and already many people are constructing business plans to compete for coveted pot licenses.

On September 14, Washington will start accepting applications from people who want to grow, process, and sell marijuana.

They'll be selective. David, who asked not to be identified, hopes he gets picked.

"I've had other growers show me their grow operations and I feel like I could produce a good crop," he said.

David is close to closing on a piece of land in Eastern Washington -- more than 20-acres -- to grow and process cannabis.

"It would be similar to a government site where people had trade secrets or had security issues to where they wanted to make sure nobody accessed the site," he explained.

David says he's a pot user and has a degree in agriculture. His plans on the land would include a large home with grow rooms.

"The plans right now indicate we're going to have a safe. We're going to have a vault area," David said.

He'd also include an outdoor greenhouse all to the Washington State Liquor Control Board's standard.

"We'd want to have the facility occupied 24 hours a day," David said.

David believes his proposal will be competitive and he'll start growing at the end of the year. It's a gamble for a coveted cannabis license, but worth the risk.

"Until the federal government signs off then there's always that concern of investing a lot of money for naught," he said.

"You can't win, if you don't play," he added.