allowing alternative treatment centers to operate for profit.
Pending Motion Inexpedient to Legislate; 02/19/2026; SJ 4
Summary
The proposal changes state law so that alternative treatment centers—entities that grow, sell, and dispense medical cannabis—could be organized as for‑profit corporations or LLCs instead of only as nonprofit voluntary corporations. It also sets board composition rules and creates a process for existing nonprofit centers to convert to for‑profit status. The measure failed after a motion declared it inexpedient to legislate.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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