Bill > S2497

This bill amends the Rhode Island Cannabis Act by changing the definition of an "applicant" for a cannabis business license to remove the requirement that the applicant must be a Rhode Island resident or a business with its principal place of business in Rhode Island where at least 51% of the equity is owned by Rhode Island residents. Instead, it broadens the definition to include any person or business entity, such as a corporation, limited liability company, or partnership, that applies for a license to own or operate a cannabis business. The bill also makes similar changes to the residency requirements for cannabis cultivators, cannabis product manufacturers, and cannabis testing laboratories, replacing the specific "resident of the state" requirement with a general "proof of residency" requirement. These changes are intended to adjust the criteria for who can apply for and obtain licenses within Rhode Island's cannabis industry.

Justice

https://status.rilegislature.gov/