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LCB Action: Cannabis Rulemaking Updates
On Dec. 18, 2024, during its regularly scheduled meeting the Liquor and Cannabis Board (LCB) took the following actions:
Employee Stock Ownership Plans (ESOP): Withdrawal of Preproposal Statement of Inquiry (CR-101)
The Board approved withdrawing a previously filed Preproposal Statement of Inquiry (CR-101) that considered 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.
E2SSB 5080 Final Rules (CR-103P) on Social Equity in Cannabis: Final rules filed
The Board approved final rule amendments to the Social Equity in Cannabis Program rule (WAC 314-55-570) to implement Engrossed Second Substitute Senate Bill (E2SSB) 5080 (chapter 220, Laws of 2023), in law as RCW 69.50.335. This law expands and improves the Social Equity in Cannabis Program The amendments take effect Jan. 18, 2025.
More information is available on the LCB Current Rulemaking Activity webpage. If you have questions about this announcement, please contact rules@lcb.wa.gov.
Quick Reminder: The short survey for cannabis licensees related to the Traceability Project closes soon. Please take a few minutes to give us your feedback as we work to make sure the future replacement for CCRS meets the needs of licensees, LCB, and the state’s reporting requirements.
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