New Hampshire SB 479: allowing alternative treatment centers to operate for profit.

Bill Text

SB 479-FN - AS INTRODUCED

2026 SESSION

 26-2039

 05/06

SENATE BILL 479-FN

AN ACT allowing alternative treatment centers to operate for profit.

SPONSORS: Sen. Innis, Dist 7; Sen. Fenton, Dist 10; Sen. Murphy, Dist 16; Sen. Pearl, Dist 17; Sen. Rochefort, Dist 1; Rep. Kofalt, Hills. 32; Rep. C. McGuire, Merr. 27; Rep. Edwards, Rock. 31; Rep. Ebel, Merr. 7; Rep. Seaworth, Merr. 12

COMMITTEE: Judiciary

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ANALYSIS

 This bill allows alternative treatment centers to operate for profit.

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Explanation: Matter added to current law appears in bold italics.

 Matter removed from current law appears [in brackets and struckthrough.]

 Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

 26-2039

 05/06

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty-Six

AN ACT allowing alternative treatment centers to operate for profit.

Be it Enacted by the Senate and House of Representatives in General Court convened:

 1 ?Public Health; Use of Cannabis for Therapeutic Purposes; Definitions; Alternative Treatment Center. ? Amend RSA 126-X:1, I to read as follows: 

 I. "Alternative treatment center" means a domestic business corporation organized under RSA 293-A, a domestic limited liability company organized under RSA 304-C, or a not-for-profit [entity] voluntary corporation organized under RSA 292 that is registered under RSA 126-X:7 and that acquires, possesses, cultivates, manufactures, delivers, transfers, transports, sells, supplies, and dispenses cannabis, and related supplies and educational materials, to qualifying patients, designated caregivers, other alternative treatment centers, and visiting qualifying patients. 

 2 Public Health; Use of Cannabis for Therapeutic Purposes; Departmental Administration; Alternative Treatment Centers; Application Form. ? Amend RSA 126-X:7, IV(a)(4) to read as follows: 

 (4) The name, address, and date of birth of each principal officer and board member of the alternative treatment center. The board of directors or board of managers, as applicable, for the [nonprofit] alternative treatment center shall include at least one physician, advance practice registered nurse, or pharmacist licensed to practice in New Hampshire and at least one patient qualified to register as a qualifying patient. The majority of board members or managers, as applicable, shall be New Hampshire residents. A medical professional listed in this subparagraph may be a member of the alternative treatment center board of directors or managers, as applicable, but shall not maintain an ownership interest in the center. 

 3 Public Health; Use of Cannabis for Therapeutic Purposes; Alternative Treatment Centers; Requirements. ? Amend RSA 126-X:8, I to read as follows: 

 I. An alternative treatment center [shall] may be operated on a for-profit or not-for-profit basis for the benefit of its patients. An alternative treatment center need not be recognized as a tax-exempt organization by the Internal Revenue Service. 

? 4 New Paragraphs; Public Health; Use of Cannabis for Therapeutic Purposes; Alternative Treatment Centers; Requirements. ? Amend RSA 126-X:8 by inserting after paragraph XVIII the following new paragraphs: 

 XIX. ? Except as otherwise provided in this chapter, an alternative treatment center shall be subject to RSA 293-A if organized as a domestic business corporation, RSA 304-C if organized as a domestic limited liability company, and RSA 292 if organized as a voluntary corporation. 

 XX. ? An alternative treatment center organized as a voluntary corporation under RSA 292 may convert from a voluntary corporation under RSA 292 to either a domestic business corporation organized under RSA 293-A or a limited liability company organized under RSA 304-C in any of the following ways: 

 (a) ?By adopting a plan of entity conversion in accordance with RSA 293-A or RSA 304-C, as applicable, that includes a provision prohibiting the sale of memberships or shares to a foreign corporation for a period of 3 years, provided that each such conversion shall be authorized by a vote of 2/3 of the members of the board of directors at a meeting duly called for the purpose or by unanimous written consent. 

 (b) ?By adopting a plan of merger in accordance with RSA 293-A that includes a provision prohibiting the sale of memberships or shares to a foreign corporation for a period of 3 years, for which the domestic business corporation shall be the surviving entity, provided that, such merger shall be authorized by a vote of 2/3 of the members of the board of directors of the alternative treatment center at a meeting duly called for the purpose or by unanimous written consent. 

 (c) ?By adopting a plan of merger in accordance with RSA 304-C that inclu