The bill amends existing laws to authorize agricultural cooperatives specifically for licensed cannabis producers in Washington State. It introduces provisions that allow licensed cannabis producers to form associations or cooperatives, enabling them to collectively engage in activities related to the production and marketing of cannabis. Notably, the bill stipulates that no single association or cooperative can represent more than three cannabis producer licenses issued by the liquor and cannabis board at any given time. Additionally, it clarifies that cannabis is considered an agricultural product for the purposes of these cooperatives, aligning it with other agricultural products.

Furthermore, the bill modifies the application and annual renewal fees for cannabis producer, processor, and retailer licenses, maintaining the application fee at $250 while adjusting the annual renewal fee to $1,381. It also establishes a process for the forfeiture of cannabis retailer licenses if they are not fully operational within a specified timeframe, with certain protections in place for licensees affected by local regulations. Overall, the bill aims to enhance the operational framework for cannabis producers and promote cooperative efforts within the industry.

Statutes affected:
Original Bill: 69.50.325, 69.50.335
Engrossed bill: 69.50.325, 69.50.335
Bill as passed Legislature: 69.50.325, 69.50.335