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MA S78
Bill
Status
2/27/2025
Primary Sponsor
James Eldridge
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 retailer limits over 2 years: maximum 4 retailers in year one, 5 retailers in year two, then 6 retailers thereafter
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Prohibits obtaining 4 or more retailer licenses through new license applications; expansion beyond 3 retailers only permitted through acquiring existing licenses in good standing
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Defines "owner" as any person or entity holding 10% or more interest in a licensee, and establishes detailed criteria for "direct control" including 10% voting interest or profit-sharing thresholds
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Requires priority consideration for purchasing licenses from social equity businesses, economic empowerment businesses, and certified MBE, WBE, or VBE enterprises when expanding beyond 3 retailers
Legislative Description
Relative to economic opportunities in the cannabis industry
Last Action
Bill reported favorably by committee and referred to the committee on Senate Ways and Means
6/5/2025