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growing weed in washington

Growing weed in washington

Phat Panda was founded in 2014 by Robert and Katrina McKinley. The original 30-Panda crew has now grown to over 550 employees.

From Bodhi: Our Mission is supported by our business and cultural foundation: “To Produce Premium Products that Awaken Your Senses” This reinforces our holistic mindedness and our intention to influence community growth; we dedicate ourselves to co-creating our world through intentional choices that are shaped by our strong foundation and are the very genesis of our work.

Frustrated that you have to stop by our Spokane dispensary, Bellingham pot shop, or other stores to pick up your goods? If you know you have a green thumb and wish you could cultivate marijuana, you’re not alone. In fact, there’s a growing push to allow adults over 21 to grow their own cannabis in Washington. Until then, you’ll have to stick to buying weed at a dispensary.

Many other states with legal recreational cannabis allow home cultivation. Oregon, Vermont, Nevada, Colorado, and California are just some examples.

Fire Cannabis

Fire Cannabis is a brand under the Viva Cannabis group. Fire Cannabis produces flower, packs of both infused and non-infused pre-rolled joints, and a line of concentrates.

Medical marijuana patients in Washington state are permitted to grow up to six plants for medical use. If there are multiple qualified patients in one household, up to 15 plants are allowed.

Brand for Everyone – Buddies™ is a West Coast Cannabis Brand rooted to the core elements of cannabis. With over 20 years experience in cultivation and processing, Buddies™ understands the craftsmanship that’s pushed the evolution of our industry to what we all know it to be today.

Buddies Cannabis

House Bill 1019, “Allowing residential marijuana agriculture” was proposed in early 2021, only to be dropped in February. Legislators explained that it was not a high-priority topic when they were busy focusing on COVID-19 economic relief, racial equity, and climate change.

Aside from being a medical marijuana patient, there is only one option to grow cannabis in Washington: a cultivation license.

Just note that when you buy a business, you don’t just get the good stuff. You also take on any debts or contracts, so be sure to do your research.

If you are operating an LLC, there is limited liability. This means that your personal assets are generally protected in case your LLC were to be sued or fall under any other financial or legal burden. It’s usually only the assets of your LLC that would be at risk, not yours personally. However, the corporate veil can be pierced and your assets can be at risk with poor business habits. For instance, if you were to put a personal dinner on your business account, or buy a big screen TV under your company’s name and take it home, this would give a plaintiff a foothold in coming after your personal assets. So with an LLC, your personal assets are protected, but it is not ironclad, bullet-proof protection.

Not currently. The number of licenses is capped, and the WSLCB isn’t opening up applications for new licenses anytime in the foreseeable future.

Does Washington require that my marijuana-producing facility be covered by a particular kind of insurance?

Registered agents are required for any business entity registered with the Secretary of State. When you hire Northwest Registered Agent as your registered agent, it’s a flat rate yearly price of $125 a year. You’ll have an online account that tracks your report due dates and when your yearly service with us is up. Any documents we receive locally for you are uploaded into your account immediately for complete viewing. If or when you get served with a lawsuit, we can email up to 4 people and your attorney at the same time for real-time complete viewing of a lawsuit. You’ll receive annual report reminders as well. Our service is the same price every year, and there are no weird fees or cancellation fees.

If you’re considering a sole proprietorship, realize that you personally will have unlimited liability. You are the business. There is no legal separation between you and your personal assets and the assets of your business. What this means for you is that you are personally responsible for all debts or actions on behalf of your business. Your assets are on the line in the case of a lawsuit or unpaid bills.

Who can hold a Washington marijuana producer license?

What makes growing weed more difficult than other businesses is that entrepreneurs may be hard-pressed to find financing options through traditional methods. Due to federal banking restrictions, banks may not want to offer a small-business loan to a “risky” venture existing in federal gray area. As a result, you may need to seek out investors.

Step 4: Choose a Business Entity