Preventing an oversupply of cannabis.
What changed between versions
Added specific definitions for indoor cultivation, light deprivation, mixed-light cultivation, and outdoor cultivation to clarify how different growing methods are classified.
Changed revenue thresholds from a single flat rate to varying amounts based on cultivation method, with outdoor growers facing lower minimum sales requirements than indoor growers.
Introduced rules for aggregating sales data when multiple cannabis licenses share the same business identifier, treating them as a single entity for threshold calculations.
Extended the evaluation period for revenue thresholds from two years to one year to better reflect current market conditions.
Established a specific effective date of December 11, 2026, and created an 18-month grace period for new license transfers before revenue thresholds apply.
Added exemptions for social equity licenses that are protected from tier conversion for five years from initial issuance.