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*Dec. 18, 2024*




*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 [ [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.


* Withdrawal of CR-101 filed as WSR 25-01-157 on Dec. 18, 2024 [ [link removed] ]
* CR 101 filed as WSR 24-21-050 on October 9, 2024 [ [link removed] ]

 

*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 [ [link removed] ]) to implement Engrossed Second Substitute Senate Bill (E2SSB) 5080 (chapter 220, Laws of 2023) [ [link removed] ], in law as RCW 69.50.335 [ [link removed] ]. This law expands and improves the Social Equity in Cannabis Program The amendments take effect Jan. 18, 2025.


* Concise Explanatory Statement [ [link removed] ]
* Memorandum [ [link removed] ]
* CR 103P filed as WSR 25-01-159 on Dec. 18, 2024 [ [link removed] ]

 

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

 

*Quick Reminder*: The short survey [ [link removed] ] 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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