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Legislation watch
2019 House Bill 1794: Concerning agreements between licensed marijuana businesses and other people and businesses, including royalty and licensing agreements relating to the use of intellectual property
Introduced by Rep. Derek Stanford (Bothell) (D) on January 31, 2019
Referred to the House Commerce & Gaming Committee on January 31, 2019
Substitute offered in the House on February 14, 2019
Updates terminology regarding authorized agreements that licensed marijuana businesses may enter with other parties related to goods or services with trademark or other intellectual property protections.
Amendment offered by Rep. Derek Stanford (Bothell) (D) on March 7, 2019
Provides that a royalty fee or flat rate in an authorized intellectual property agreement involving a licensed marijuana business may also be calculated based on sales of each product that was sold using the licensed intellectual property or service (in addition to a royalty fee or flat rate calculated based on sales of each product that includes the intellectual property or was manufactured using the licensed intellectual property or service).
The amendment passed by voice vote in the House on March 7, 2019
Received in the Senate on March 11, 2019
Referred to the Senate Labor & Commerce Committee on March 11, 2019
Referred to the Senate Rules Committee on March 29, 2019
Signed by Gov. Jay Inslee on May 13, 2019