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Join us in this episode as we speak with Aaron P. from Harris Slaski Law Firm about navigating the complex process of obtaining a cannabis license in Washington State. Learn about the different types of permits, the steps to become a licensed producer or processor, and the key legal requirements. Aaron also shares his insights on the current cannabis market and future trends. Perfect for aspiring cannabis entrepreneurs looking for expert guidance. Timestamps: 0:00 Introduction Introducing the video, emphasizing educational purposes, and welcoming Aaron P. from Harris Slaski Law Firm. 0:22 Overview Aaron shares his expertise on obtaining a cannabis license in Washington and the complexity of the process. 1:00 Types of Licenses Aaron explains the different types of cannabis licenses in Washington, focusing on producers, processors, and retailers. 2:00 Separation of Licenses Discussing the Tied House Theory and the separation of producer, processor, and retail licenses in Washington. 2:45 Producers and Processors Detailing the producer and processor licenses, relevant to the podcast audience. 3:20 Starting a Cannabis Farm Aaron explains the initial steps to start a cannabis farm, including the types and sizes of production licenses. 4:00 License Sizes Describe the three tiers of production licenses and the square footage allowed for each tier. 6:00 License Pricing Discussing the pricing trends for cannabis licenses and the factors affecting their cost in the market. 6:45 Applying for a License Outlining the steps to apply for a license after purchasing one, including necessary documentation and qualifications. 8:50 Funding and Investment Discussing the forensic vetting of funds by the Washington State Liquor and Cannabis Board and the allowance of out-of-state money. 10:50 Compliance Inspections Describing the compliance inspections by enforcement officers and the importance of meeting regulatory standards. 12:10 Processor License Costs Discussing the varying costs of processor licenses and market changes over time. 13:30 Timeline for Changes Detailing the expected duration for location change approvals and possible extensions due to additional checks. 15:30 Black Market Influence Discussing the impact of black market cannabis on the legal market and efforts to control illicit activities. 16:50 Market Prospects Exploring the future prospects of the cannabis market in Washington and the potential for industry recovery. 18:10 Advice for New Entrants Aaron encourages new entrepreneurs to enter the cannabis industry, emphasizing the importance of passion and perseverance. 19:30 Industry Growth Discussing the growth and development of the cannabis industry in Washington and its potential for the future. 20:40 Closing Remarks Wrapping up the interview, thanking Aaron for his insights, and inviting viewers to reach out for further information.