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Current as of January 01, 2025 | Updated by Findlaw Staff
The dedicated cannabis account is created in the state treasury. All moneys received by the board, or any employee thereof, from cannabis-related activities must be deposited in the account. Unless otherwise provided in chapter 4, Laws of 2015 2nd sp. sess., all cannabis excise taxes collected from sales of cannabis, useable cannabis, cannabis concentrates, and cannabis-infused products under RCW 69.50.535, and the license fees, penalties, and forfeitures derived under this chapter from cannabis producer, cannabis processor, cannabis researcher, and cannabis retailer licenses, must be deposited in the account. Moneys in the account may only be spent after appropriation.
Cite this article: FindLaw.com - Washington Revised Code Title 69. Food, Drugs, Cosmetics, and Poisons § 69.50.530. Dedicated cannabis account - last updated January 01, 2025 | https://codes.findlaw.com/wa/title-69-food-drugs-cosmetics-and-poisons/wa-rev-code-69-50-530/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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