Preventing an oversupply of cannabis.

HB 2315 establishes sales-based tier requirements for cannabis producers to prevent oversupply. Tier 3 producers (10,000-30,000 sq ft) must show $288,000 annual sales to maintain their tier; failing this converts them to Tier 2 (max 10,000 sq ft). Tier 2 producers (4,000-10,000 sq ft) must show $96,000 annual sales to stay in Tier 2; failure converts them to Tier 1 (max 4,000 sq ft). Tier 1 producers (under 4,000 sq ft) are exempt from these rules. The bill allows one-year exemptions for natural disasters or other extraordinary events.