Bill > S78

This bill modifies Massachusetts cannabis industry regulations by introducing new definitions and limiting the number of licenses a single entity can control. Specifically, the bill defines "Person or Entity Having Direct Control" as owners, those with 10% or more voting interest, close associates, or entities with significant operational control over a marijuana establishment. It also defines an "Owner" as any person or entity owning 10% or more interest in a licensee. The most significant provision restricts any single entity from controlling more than 6 marijuana retailers, 3 medical marijuana treatment centers, 3 product manufacturer licenses, and 3 cultivator licenses, with a graduated approach that initially limits retailers to 4 licenses in the first year and 5 in the second year. The bill also requires that when an entity seeks to control more than 3 retailers, they must purchase an existing license, with priority given to licenses owned by social equity businesses, economic empowerment businesses, and certified minority, women-owned, or veteran-owned businesses. This approach aims to promote diversity and prevent market consolidation in the cannabis industry while providing a structured pathway for business expansion.

Budget and Finance, Health and Social Services

https://malegislature.gov/Bills/194/S78