An act relating to capping the number of cannabis establishment licenses issued by the Cannabis Control Board

This bill proposes to set a maximum limit on the number of cannabis business licenses that the Cannabis Control Board can issue in Vermont. It would directly affect cultivators, product manufacturers, and retailers by restricting how many new establishments can operate in the state. The legislation aims to control market saturation by preventing the issuance of additional licenses beyond a specified cap. If passed, this would require the Cannabis Control Board to stop approving new applications once the limit is reached. The measure focuses on regulating the quantity of licensed cannabis businesses rather than changing how existing ones operate.