Washington HB1348 allows employee stock ownership plans to own up to 100% of licensed cannabis businesses and revises who must be vetted as a true.
Washington HB1348 modifies the state's cannabis licensing laws to allow employee stock ownership plans to own up to 100% of licensed cannabis businesses. The bill specifies that corporate officers, directors, or equivalent title holders of businesses applying for or holding a cannabis license are considered the applicant or owner and must qualify for and be named on the cannabis license.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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