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WACs > Title 314 > Chapter 314-55 > Section 314-55-135
314-55-130
314-55-140
Agency filings affecting this section
WAC 314-55-135
Discontinue marijuana sales.
(1) Notification: You must notify the board's enforcement and education division in writing if you plan to stop doing business for more than thirty days, or if you plan to permanently discontinue marijuana sales. (2) Discontinued business: Sale of marijuana inventory and stock after discontinuance of business. Notwithstanding any other provision of Title 69 RCW or 314 WAC, a producer, processor or retail licensee who permanently discontinues business for any reason shall dispose of the salable inventory and remaining stock to a board approved licensed business at fair market value. Sales below cost are prohibited. The board shall require tax expressed as a percent of the total price of the gross sales as reported on the profit and loss statement in the last published monthly report of the board. In the event of remaining inventory after sale, the licensee shall notify the enforcement and education division of the liquor control board. The enforcement division will establish conditions for destruction or arrange for the removal of product. (3) Assumptions: Assumption of license and purchases by licensee of certain marijuana inventory and stock. In the case of a sale of business with a licensee, after obtaining the approval of the board and under the supervision of a representative of the board, the licensee may sell the entire inventory at a negotiated fair market price. Sales below cost are prohibited. (4) Evictions. You must notify the board's enforcement and education division immediately in writing upon notice of eviction from a licensed premises. Conditions to temporarily relocate and secure inventory will be established by the board. (5) Abandoned marijuana inventory or product. In the event a licensee abandons any marijuana on the premises, the property owner or their designated representative should notify the enforcement and education division of the liquor control board. The enforcement division will work with the property owner to arrange for the removal and/or destruction of product. Any sales or distribution of marijuana by an unlicensed person is subject to the criminal provisions of Title 69 RCW. [Statutory Authority: RCW 69.50.342 and 69.50.345. WSR 15-11-107, § 314-55-135, filed 5/20/15, effective 6/20/15. Statutory Authority: RCW 69.50.325, 69.50.331, 69.50.342, 69.50.345. WSR 13-21-104, § 314-55-135, filed 10/21/13, effective 11/21/13.]
