SENATE DOCKET, NO. 1206        FILED ON: 1/15/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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PRESENTED BY:

Pavel Payano

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act to study supply and demand for cannabis cultivation.

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PETITION OF:

SENATE DOCKET, NO. 1206        FILED ON: 1/15/2025

SENATE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No.         

The Commonwealth of Massachusetts

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In the One Hundred and Ninety-Fourth General Court
(2025-2026)

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An Act to study supply and demand for cannabis cultivation.

Whereas, The deferred operation of this act would tend to defeat its purpose, which is to analyze whether the Cannabis Control Commission permitting of marijuana cultivator or marijuana product manufacturer licenses is over-supplying the market and putting existing market players at risk of failure, therefore it is hereby declared to be an emergency law, necessary for the immediate preservation of the public convenience.
 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

Whereas the overall supply of cannabis determines the market’s price per ounce and price per ounce determines the profitability and sustainability of current market participants,

Hereby, we require the Cannabis Control Commission to analyze whether its permitting of marijuana cultivator or marijuana product manufacturer licenses is over-supplying the market and putting existing market players at risk of failure.

SECTION 1. (a) The Cannabis Control Commission shall conduct or retain an outside expert in economic analysis to conduct and publish a study on supply and demand in the cannabis market, including the legally licensed businesses and the existing black market. The study shall review the current cannabis canopy supply for patients and consumers; project future trends in consumption; provide an in-depth look at the price per pound as a market driver for consumers; and analyze the adequacy of the commission’s regulations on cultivation tiers. The study will offer projections for the appropriate number of licenses to enter the market per year given demand projections.