NH HB54

Expands the definition of "alternative treatment center" (medical cannabis dispensary) to include for-profit domestic business corporations and limited liability companies, in addition to the existing not-for-profit voluntary corporations

Requires the board of directors or managers to include at least one physician, advanced practice registered nurse, or pharmacist licensed in New Hampshire, plus at least one qualifying patient, with a majority being New Hampshire residents

Allows existing nonprofit alternative treatment centers to convert to for-profit corporations or LLCs through entity conversion or merger, with a 2/3 vote of board members and a 3-year prohibition on selling shares to foreign corporations

Estimated one-time state expenditure of $13,000 in FY 2026 for software changes at the Department of State, funded from non-general fund sources

Takes effect 60 days after passage