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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 [ [link removed] ] 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:


* Notice to Stakeholders [ [link removed] ]
* Memorandum [ [link removed] ]
* May 22, 2024 Response to Petition for Rulemaking [ [link removed] ]
* CR 101 filed as WSR 24-21-050 on October 9, 2024 [ [link removed] ]

More information is available on the LCB Current Rulemaking Activity [ [link removed] ] webpage. If you have any questions about this announcement, please contact [email protected].

 








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