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MA H149
Bill
Status
2/27/2025
Primary Sponsor
Mark Cusack
Click for details
AI Summary
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Limits any person or entity with direct or indirect control to a maximum of 6 marijuana retailers, 3 medical marijuana treatment centers, 3 product manufacturer licenses, and 3 cultivator licenses
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Phases in the retail cap gradually: maximum of 4 retailers until 1 year after passage, 5 retailers until 2 years after passage, then 6 retailers thereafter
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Defines "direct control" to include owners, those with 10% or greater voting interest, ability to appoint 50%+ of directors, authority to appoint/remove officers, or earning 10%+ of profits or dividends
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Requires entities seeking control of more than 3 marijuana retailers to purchase an existing licensed marijuana establishment or medical treatment center already authorized to operate
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Mandates priority consideration for purchases of licenses majority-owned by social equity businesses, economic empowerment businesses, or certified MBE, WBE, or VBE enterprises
Legislative Description
Related to cannabis retail licensees
Last Action
Accompanied a new draft, see H4160
5/29/2025