New Hampshire’s medical marijuana industry concerned about its future under legalization proposal

May 27, 2023
AggregatedNews
New Hampshire
0 Comments

New Hampshire’s medical marijuana industry, which has dispensed cannabis to thousands of ailing people, could face an existential threat if it is not protected under a proposal to legalize the drug for recreational use, lawmakers were told this past week.

The N.H. House Committee on Commerce and Consumer Affairs will meet Tuesday to consider legalization legislation.

A proposal under consideration calls for state-run cannabis stores to sell the drug for recreational use, similar to how liquor is sold in New Hampshire. Republican Gov. Chris Sununu favors such an approach, which no other state has taken.

An alternative would be to allow these centers to join state-run stores in selling the drug at competitive prices, Michael Holt, administrator for the state’s therapeutic cannabis program, told the committee.

New Hampshire buys liquor at wholesale prices in large quantities and makes revenue by selling it retail at relatively low prices. A similar scenario for marijuana is envisioned under the proposal Sununu backs.

[Read more at The Keene Sentinel]

This Post Has 0 Comments

Recent Stories

Pot Industry High on Florida’s Marijuana Legalization Referendum

Voters will now get to decide whether to legalize recreational marijuana in a state that has a well-established medical pot marketplace. When the Florida Supreme Court earlier this month approved a November referendum on…

US Marijuana Industry Hits All-Time High

The legal cannabis industry is thriving in the U.S., reaching its highest-ever number of jobs and sales, a new report shows. Vangst, a cannabis industry job platform, found that at…

Black market marijuana tied to Chinese criminal networks infiltrates Maine

Maine is the newest frontier for the illicit marijuana trade, with potentially hundreds of suspected unlicensed grow houses operating in the state, a CBS News investigation has found. It’s part…

Iowa’s medical marijuana program is 10 years old. How does it compare with other states?

Ten years ago this month, Iowa policymakers made it legal to use cannabis for certain medical treatment, marking the start of what would eventually become Iowa’s existing medical cannabidiol program.…