The bill introduces a new section to chapter 69.50 RCW aimed at enhancing the detection and prevention of illegal inversion and diversion of cannabis and cannabis products within Washington's regulated cannabis system. It mandates that the board regularly audit data from the cannabis central reporting system to identify any anomalies or inconsistencies that may indicate unauthorized activities. Specifically, the bill addresses two main violations: the inversion of cannabis products from unauthorized sources by licensed producers, processors, or retailers, and the diversion of products to unauthorized recipients.
Additionally, the bill empowers the board to consider various data sources, including the status of cannabis and business licenses, as well as tax filings, to effectively monitor compliance and enforce regulations. It emphasizes the importance of ensuring that all cannabis licensees and third-party testing laboratories adhere to reporting requirements to maintain the integrity of the cannabis central reporting system. This legislative measure aims to strengthen oversight and accountability within the state's cannabis industry.