Delaware General Assembly

Passed 6/18/24

HB 408 w/ HA 1, HA 2

6/13/24

Osienski

This Amendment to House Bill No. 408 makes the following changes to the provisions contained in House Bill No. 408: (1) It increases the fee for cultivation conversion licenses from $100,000 to $200,000. (2) It removes a 5% discount for up-front payment of the conversion license fee. (3) It changes the conversion license expiration period from 48 months to 24 months. (4) It requires applicants seeking a conversion license to operate a retail facility to provide an attestation that they will serve medical cardholders in accordance with the Medical Marijuana Act. (5) It provides additional criteria that conversion licensees must meet to operate a retail facility, which include continuing to operate the facility as a medical dispensing location, prioritizing the distribution of marijuana products to qualifying patients, maintaining or increasing the diversity of medical marijuana products available, providing product and pricing information to the Commissioner within 7 days of increasing the maximum price for any marijuana or marijuana product or a new product is being offered, and abide by an agreement to continue medical marijuana operations and to maintain an adequate and diverse supply as well as justifiable pricing with respect to medical marijuana and medical marijuana products. (6) It requires conversion licensees with cultivation or manufacturing conversion licenses to provide monthly wholesale pricing information to the Commissioner.

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