Preventing an oversupply of cannabis.

Summary

The bill creates three production tiers for licensed cannabis growers and sets minimum gross sales that tier‑two and tier‑three producers must achieve before their licenses can be renewed. Producers who fall short are automatically re‑classified to a lower tier with a smaller allowable growing area, while tier‑one growers are exempt. An exemption can be granted for a year if a producer shows extraordinary circumstances such as a natural disaster.

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

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