Amendment #1260 to H4000

Economic Analysis Budget Amendment

Ms. Shand of Newburyport moves to amend the bill in Section 2 item 1070-0840 by inserting at the end thereof the following:

"provided further, that not less than $50,000 shall be expended for the Cannabis Control Commission to conduct or retain an outside expert in economic analysis to conduct and publish a study to evaluate the supply and demand in the Massachusetts 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 shall also offer projections for the appropriate number of licenses to enter the market per year given demand projections.”