What is LCB Doing Now?

The LCB approved final rule amendments to the Cannabis Social Equity Program (WAC 314–55–570) to implement Senate Bill 5080 in law as RCW 69.50.335. This law expands and improves the Cannabis Social Equity Program. The amendments went into effect Jan. 18, 2025. 

Alta Point Consulting is the third-party contractor for the Cannabis Social Equity Program. This contractor will be responsible for gathering, verifying, and scoring application materials for the next round of the Cannabis Social Equity Program. Alta Point Consulting is a Seattle-based organization with over 40 years of experience and a nationwide network of over 400 consultants, bringing a deep understanding of federal, state, and local government processes. 

LCB contracted with Whitney Economics to forecast the number of cannabis producer, processor, and retail licenses that may be economically viable in Washington through the year 2032. You can view the full report and key takeaways here.