Senate2025-26 sessionFiscal note

ESSB 5403 — Supporting a sustainable cannabis industry. (REVISED FOR ENGROSSED: Limiting financial interest agreements for licensed cannabis retailers.)

Signed into law — Chapter 250, Laws of 2025

Sponsor
Saldaña
Introduced
February 21, 2025
Status
C 250 L 25
Last action
Effective date 1/1/2026. (May 12, 2025)

What this bill does

Prohibits a cannabis retail licensee from entering into certain agreements that confer a financial interest across more than five cannabis retail licenses. Defines financial interest to include negotiating or coordinating purchases of products, any operational control over the business, or sharing profits, revenue, marketing costs, or employment decisions.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

  • House — Final Passage as Amended by the House · April 11, 2025
    57 yea · 37 nay · 4 not voting
  • Senate — Final Passage as Amended by the House · April 18, 2025
    39 yea · 9 nay · 1 not voting
  • Senate — 3rd Reading & Final Passage · March 12, 2025
    41 yea · 7 nay · 1 not voting

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Other bills sponsored by Saldaña

All 2025-26 Washington State bills →

Source: the Washington State Legislature. OlympiaTrack is an independent bill-tracking service and is not affiliated with the Legislature. View on leg.wa.gov ↗