WA People
BILL · 2021–22 SESSION

HB 1667: Cannabis business ownership

Concerning ownership of cannabis-related businesses.

Summary

  • Eliminates the six-month residency requirement for a cannabis license.
  • Requires natural persons who have an ownership interest of more than 10 percent of an entity that holds or is applying for a cannabis license to qualify for and be named on the license.
  • Requires the natural person with the largest ownership interest to qualify for and be named on the cannabis license if no natural person owns more 10 percent of the entity.
  • Requires disclosure to the Liquor and Cannabis Board (LCB) of the identification of any natural person who is not named on the cannabis license and who owns more than one percent of the entity.
  • Authorizes the LCB to deny license issuance or renewal in certain circumstances if the LCB is unable to investigate a nonresident owner.
  • Requires the LCB to establish an additional application fee for cannabis license applicants that are business or nonprofit entities, including applications to add an owner to an existing license.

From the House Bill Analysis 2022 (HB 1667), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 10, 2022
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Sharon Wylie (D-49)
Introduced
January 10, 2022 in the House
Last action
January 10, 2022
Budget
Has a fiscal note

AN ACT Relating to ownership of cannabis-related businesses;

Sponsors

Prime sponsor: Sharon Wylie (D-49)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Commerce & Gaming.
  2. Prefiled for introduction.

HB 1667 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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