The Next Generation Cannabis Platform slide image

The Next Generation Cannabis Platform

Primary Markets Regulatory Updates Pennsylvania Governor Shapiro is considered hands-on and looking to drive policy On record several times as supporting an adult-use market (⁹) Members of both the House and Senate are in active conversations about adult-use legislation On July 6, 2023, bipartisan Senate Bill 846 was introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) (10) • The bill addresses the following: ● • Keeps cannabis out of the hands of anyone under 21 while giving adults 21 years and older the freedom to make responsible choices that benefit their health and wellness • Provides a fresh start to those with cannabis convictions, enabling them to expunge all non-violent marijuana convictions Allows medical cannabis operators such as Jushi to add adult-use operations to existing medical operations ● Governor Shapiro has an adult-use line item in the PA budget starting no later than 1/1/25 (¹1) New leadership within DOH continues to allow for growth in current market (12) On October 3, 2023, the House approved 280E state tax relief (13) On November 1, 2023, the House held an informational meeting to chart a path for adult-use reform (14) 15
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