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| 2 | 2 | | SENATE DOCKET, NO. 1206 FILED ON: 1/15/2025 |
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| 3 | 3 | | SENATE . . . . . . . . . . . . . . No. 100 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Pavel M. Payano |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act to study supply and demand for cannabis cultivation. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :Pavel M. PayanoFirst Essex 1 of 2 |
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| 16 | 16 | | SENATE DOCKET, NO. 1206 FILED ON: 1/15/2025 |
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| 17 | 17 | | SENATE . . . . . . . . . . . . . . No. 100 |
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| 18 | 18 | | By Mr. Payano, a petition (accompanied by bill, Senate, No. 100) of Pavel M. Payano for |
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| 19 | 19 | | legislation to study supply and demand for cannabis permitting. Cannabis Policy. |
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| 20 | 20 | | The Commonwealth of Massachusetts |
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| 21 | 21 | | _______________ |
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| 22 | 22 | | In the One Hundred and Ninety-Fourth General Court |
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| 23 | 23 | | (2025-2026) |
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| 24 | 24 | | _______________ |
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| 25 | 25 | | An Act to study supply and demand for cannabis cultivation. |
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| 26 | 26 | | Whereas, The deferred operation of this act would tend to defeat its purpose, which is to |
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| 27 | 27 | | analyze whether the Cannabis Control Commission permitting of marijuana cultivator or |
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| 28 | 28 | | marijuana product manufacturer licenses is over-supplying the market and putting existing |
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| 29 | 29 | | market players at risk of failure, therefore it is hereby declared to be an emergency law, |
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| 30 | 30 | | necessary for the immediate preservation of the public convenience. |
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| 31 | 31 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 32 | 32 | | of the same, as follows: |
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| 33 | 33 | | 1 Whereas the overall supply of cannabis determines the market’s price per ounce and price |
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| 34 | 34 | | 2per ounce determines the profitability and sustainability of current market participants, |
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| 35 | 35 | | 3 Hereby, we require the Cannabis Control Commission to analyze whether its permitting |
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| 36 | 36 | | 4of marijuana cultivator or marijuana product manufacturer licenses is over-supplying the market |
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| 37 | 37 | | 5and putting existing market players at risk of failure. |
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| 38 | 38 | | 6 SECTION 1. (a) The Cannabis Control Commission shall conduct or retain an outside |
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| 39 | 39 | | 7expert in economic analysis to conduct and publish a study on supply and demand in the |
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| 40 | 40 | | 8cannabis market, including the legally licensed businesses and the existing black market. The |
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| 41 | 41 | | 9study shall review the current cannabis canopy supply for patients and consumers; project future 2 of 2 |
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| 42 | 42 | | 10trends in consumption; provide an in-depth look at the price per pound as a market driver for |
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| 43 | 43 | | 11consumers; and analyze the adequacy of the commission’s regulations on cultivation tiers. The |
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| 44 | 44 | | 12study will offer projections for the appropriate number of licenses to enter the market per year |
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| 45 | 45 | | 13given demand projections. |
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