Corrected Notice of LCB Action: Cannabis Rules Updates – Employee Stock Ownership

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Oct. 14, 2024

Corrected Notice of LCB Action: Cannabis Rules Updates – Employee Stock Ownership

 

On Oct. 9, 2024, the Liquor and Cannabis Board (LCB) took the following action:

 

Employee Stock Ownership Plans (ESOP) - Preproposal Statement of Inquiry (CR 101) Filed

 

The Board approved a Preproposal Statement of Inquiry (CR 101) to consider amending WAC 314-55-035 and amending, repealing, or creating other sections of Title 314 WAC as needed to specifically allow Employee Stock Ownership Plans (ESOP) in connection with a cannabis license in a way that is consistent with other Washington laws and regulations.

 

A previous notice had the incorrect hyperlinks. The corrected hyperlinks are below:

More information is available on the LCB Current Rulemaking Activity webpage. If you have any questions about this announcement, please contact rules@lcb.wa.gov.