Cannabis - Management Service Agreements, Advertising, and Penalties - Alterations (Cannabis Reform and Opportunity Act)

Summary

The bill changes how "control" of a cannabis license is defined, requires state approval of management service agreements, shortens the ownership‑transfer ban from five to three years, loosens ownership caps, and relaxes advertising restrictions while adding new age‑gate and signage rules. It also raises fines for illegal sales and creates a limited exemption for low‑THC hemp tinctures. The measure failed to pass in the House.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Economic Matters — Bill Hearing
  Economic Matters · Mar 4, 2026

History

1. Mar 3, 2026Hearing canceled
2. Mar 3, 2026Hearing 3/04 at 1:30 p.m.
3. Feb 17, 2026Hearing 3/04 at 1:00 p.m.
4. Feb 13, 2026First Reading Economic Matters

Sponsors

• Amprey · sponsor
• Boafo

Bill text

Opens the legislature’s own copy.

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