PRESS RELEASE OLYMPIA – The Washington State Liquor and Cannabis Board (WSLCB) today issued the state’s first license to produce, process and possess marijuana for... Washington State Liquor and Cannabis Board Issues First Marijuana Research License

PRESS RELEASE

OLYMPIA – The Washington State Liquor and Cannabis Board (WSLCB) today issued the state’s first license to produce, process and possess marijuana for research purposes. The license was issued to Verda Bio Research in Seattle, who are conducting research on cannabinoid based therapeutics.

“This is an important milestone for Washington’s marijuana industry,” said Director Rick Garza. “We’re hopeful that the research will assist policy makers as we grapple with this emerging industry.”

Research licensees are permitted to produce, process and possess marijuana for limited research purposes: to test chemical potency and composition levels; conduct clinical investigations of marijuana-derived drug products; conduct research on the efficacy and safety of administering marijuana as part of medical treatment; and to conduct genomic or agricultural research. Applicants are investigated and must meet the same criteria as other marijuana businesses including security, distance from restricted areas, traceability, etc.

In addition to the above requirements applications are also vetted through an independent third-party scientific reviewer. The role of the reviewer is to assess the project’s quality, study design, value, and/or impact. They also review whether applicants have the appropriate personnel, expertise, facilities/infrastructure, funding, and human/animal/other federal approvals in place to successfully conduct the project.

Research projects must pass both the scientific review and licensing requirements before the application is approved.

Contact:            Brian Smith, WSLCB Communications, (360) 664-1774

                            Jessica Tonani, Verda Bio Research, (206) 669-4402

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