WA People
BILL · 2025–26 SESSION · LATEST VERSION ESSB 5403

SB 5403: Cannabis industry agreements

Supporting a sustainable cannabis industry. (REVISED FOR ENGROSSED: Limiting financial interest agreements for licensed cannabis retailers.)

Summary

  • Prohibits a retail licensee and all other persons or entities with a financial or other ownership interest from entering into any agreement under specified law that confers a financial interest across more than five retail cannabis licenses.

From the Engrossed Substitute Senate Bill Report (ESSB 5403), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 250, Laws of 2025
  1. IntroducedJan 21, 2025
  2. Out of committeeFeb 21, 2025
  3. Passed SenateMar 12, 2025
  4. Passed HouseApr 11, 2025
  5. GovernorMay 12, 2025
  6. LawMay 12, 2025
Prime sponsor
Rebecca Saldaña (D-37)
Introduced
January 21, 2025 in the Senate
Last action
May 12, 2025
Session law
Chapter 250, Laws of 2025
Budget
Has a fiscal note
Versions
SB 5403, SSB 5403, ESSB 5403

AN ACT Relating to limiting financial interest agreements for licensed cannabis retailers;

Sponsors

Prime sponsor: Rebecca Saldaña (D-37)

2 co-sponsors (2 Democrats, 0 Republicans)

Deborah Krishnadasan D-26T'wina Nobles D-28

Votes

Senate · 3rd Reading & Final Passage

Passed March 12, 2025
Version voted on: ESSB 5403
41 Yea 7 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28101
Republican13600
How each member voted

Excused (1)

Permalink to this vote

House · Final Passage as Amended by the House

Passed April 11, 2025
Version voted on: ESSB 5403
57 Yea 37 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat57002
Republican03702
How each member voted

Yea (57)

Permalink to this vote

Senate · Final Passage as Amended by the House

Passed April 18, 2025
Version voted on: ESSB 5403
39 Yea 9 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat28101
Republican11800
How each member voted

Excused (1)

Permalink to this vote

History

  1. Effective date 1/1/2026. (ESSB 5403)
  2. Chapter 250, 2025 Laws. (ESSB 5403)
  3. Governor signed. (ESSB 5403)
  4. Delivered to Governor. (ESSB 5403)
  5. Speaker signed. (ESSB 5403)
  6. President signed. (ESSB 5403)
  7. Passed final passage; yeas, 39; nays, 9; absent, 0; excused, 1. (ESSB 5403)
  8. Senate concurred in House amendments. (ESSB 5403)
  9. Third reading, passed; yeas, 57; nays, 37; absent, 0; excused, 4. (ESSB 5403)
  10. Rules suspended. Placed on Third Reading. (ESSB 5403)
  11. Committee amendment(s) adopted as amended. (ESSB 5403)
  12. Rules Committee relieved of further consideration. Placed on second reading. (ESSB 5403)
  13. Referred to Rules 2 Review. (ESSB 5403)
  14. Minority; without recommendation. (ESSB 5403)
  15. CPB - Majority; do pass with amendment(s). (ESSB 5403)
  16. CPB - Executive action taken by committee. (ESSB 5403)
  17. First reading, referred to Consumer Protection & Business. (ESSB 5403)
  18. Third reading, passed; yeas, 41; nays, 7; absent, 0; excused, 1. (ESSB 5403)
  19. Rules suspended. Placed on Third Reading. (ESSB 5403)
  20. Floor amendment(s) adopted. (ESSB 5403)
  21. 1st substitute bill substituted. (ESSB 5403)
  22. 1st substitute bill substituted.
  23. Placed on second reading by Rules Committee. (ESSB 5403)
  24. Placed on second reading by Rules Committee.
  25. Minority; without recommendation. (ESSB 5403)
  26. LC - Majority; 1st substitute bill be substituted, do pass. (ESSB 5403)
  27. Minority; do not pass. (ESSB 5403)
  28. Passed to Rules Committee for second reading. (ESSB 5403)
  29. Passed to Rules Committee for second reading.
  30. Minority; do not pass.
  31. LC - Majority; 1st substitute bill be substituted, do pass.
  32. Minority; without recommendation.
  33. First reading, referred to Labor & Commerce.

SB 5403 in other sessions

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

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