HB 1236: Marijuana businesses

Summary

• Requires natural persons owning more than 10 percent of the business to qualify for and be named on the marijuana license, while generally natural persons owning 10 percent or less of the business are not required to qualify for or be named on the license.
• Requires disclosure to the Washington State Liquor and Cannabis Board (LCB) of the identification of the owners of 10 percent or less but more than 1 percent of the business who are not named on the license, and requires all owners of marijuana businesses that do not have in effect a labor peace agreement to be Washington residents.
• Creates an exception to the residency requirement for marijuana businesses with labor peace agreements in effect, to authorize out-of-state ownership of these marijuana businesses, and authorizes the LCB to impose additional licensing fees to recover any additional costs incurred in investigating a nonresident requiring investigation.
• Authorizes marijuana retailers with a labor peace agreement in effect to hold a collective total of seven marijuana retail licenses (opposed to five), and marijuana producers or processors to hold up to two additional licenses than any license limit otherwise applicable under the LCB's rules.
• Includes provisions addressing inheritance of a business with a marijuana license, and adds definitions, including "labor peace agreement."

From the House Bill Report (HB 1236), written by the Legislature's nonpartisan staff. Read the full report ↗