Dedicated cannabis account.
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.
[ 2023 c 470 s 1014. Prior: 2022 c 169 s 1; 2022 c 16 s 100; 2018 c 299 s 909; 2016 sp.s. c 36 s 942; 2015 2nd sp.s. c 4 s 1101; 2013 c 3 s 26 (Initiative Measure No. 502, approved November 6, 2012).]
NOTES:
Explanatory statement—2023 c 470: See note following RCW 10.99.030.
Intent—Finding—2022 c 16: See note following RCW 69.50.101.
Effective date—2018 c 299: See note following RCW 43.41.433.
Effective date—2016 sp.s. c 36: See note following RCW 18.20.430.
Findings—Intent—Effective dates—2015 2nd sp.s. c 4: See notes following RCW 69.50.334.
Intent—2013 c 3 (Initiative Measure No. 502): See note following RCW 69.50.101.