States / Washington / HB 1940

HB 1940 Reported from Committee

Concerning the cannabis industry.

Introduced
In Committee
Floor
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 H-1287.1

HOUSE BILL 1940

State of Washington

69th Legislature

2025 Regular Session

By Representatives Morgan, Wylie, Reed, Parshley, and Hill

Read first time 02/11/25. Referred to Committee on Consumer Protection & Business.

AN ACT Relating to reducing barriers in Washington's cannabis industry; amending RCW 69.50.325 and 69.50.331 ; adding a new section to chapter 82.04 RCW; creating new sections; and providing an expiration date.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. (1) The legislature finds that Washington state, being one of the first two states in the nation to legalize cannabis for adult use, has a mature cannabis industry that has earned its position as a national leader in industry efficiencies, product and brand development, and longevity of active operations.

(2) The legislature recognizes that Washington's licensed cannabis industry's tax revenues now provide over two percent of the state's operating budget.

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