New HampshireRegistered New Hampshire medical cannabis centers could operate for profit
If passed, registered New Hampshire medical cannabis centers could operate for profit or as nonprofits for their patients’ benefit.
What it does
If passed, registered medical cannabis centers could operate for profit or as nonprofits for their patients’ benefit. This provision would take effect 60 days after passage.
If passed, registered medical cannabis centers formed as voluntary corporations could become or merge into New Hampshire businesses with a two-thirds board vote or unanimous written consent. Their plans must bar sales of memberships or shares to corporations formed outside New Hampshire for three years.
Argument forFor-profit operation could help registered medical cannabis centers attract investment to support services for their patients.
Argument againstThe three-year ban on sales to corporations formed outside New Hampshire could limit who can buy a converting center’s shares or memberships.
More detail
Registered medical cannabis centers could operate for profit or as nonprofits. This applies to centers registered under New Hampshire’s medical cannabis program. Centers would operate for their patients’ benefit. The operation provision would take effect 60 days after passage.
A registered center formed as a voluntary corporation could convert to or merge into a New Hampshire business corporation or limited liability company. This applies to medical cannabis centers registered in New Hampshire and formed as voluntary corporations. The board must approve the plan by a two-thirds vote at a meeting called for that purpose or by unanimous written consent. The plan must bar sales of memberships or shares to corporations formed outside New Hampshire for three years. The center must file conversion or merger papers with the secretary of state, who must approve filings made under this section. The conversion and merger provisions would take effect 60 days after passage.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 9Pending Motion Interim Study; 04/09/2026; SJ 8Latest
- Apr 9Sen. Abbas Moved Laid on Table, MA, VV; 04/09/2026; SJ 8Minor
- Apr 1Committee Report: Referred to Interim Study, 04/09/2026, Vote 3-2; SC 13
- Feb 12Hearing: 02/17/2026, Room 100, SH, 01:40 pm; SC 6
- Jan 30Introduced 01/29/2026 and Referred to Judiciary; SJ 3Minor
- Jan 7Ought to Pass: MA VV 01/07/2026 HJ 1 P. 70Passed House
- 2025
- Nov 5Committee Report: Ought to Pass 10/30/2025 (Vote 25-0; CC) HC 51 P. 10Minor
- Oct 14Executive Session: 10/30/2025 10:00 am GP 230
- Sep 18Division I Work Session: 10/02/2025 01:00 pm GP 230
- Apr 2Retained in Committee
- Mar 26Executive Session: 04/01/2025 10:00 am LOB 210-211
- Mar 11Division III Work Session: 03/17/2025 10:00 am LOB 210-211
- Mar 6Referred to Finance 03/06/2025 HJ 7 P. 42Minor
- Mar 6Ought to Pass: MA RC 358-14 03/06/2025 HJ 7 P. 40
- Feb 19Committee Report: Ought to Pass 02/12/2025 (Vote 18-0; RC) HC 14 P. 21Minor
- Feb 19Executive Session: 02/05/2025 08:30 am LOB 301-303
- Feb 5Subcommittee Work Session: 02/05/2025 08:30 am LOB 301-303
- Jan 15Public Hearing: 01/22/2025 01:45 pm LOB 210-211
- 2024
- Dec 23Introduced 01/08/2025 and referred to Health, Human Services and Elderly Affairs HJ 2 P. 3Introduced
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