H180
An Act regularizing accounts receivable in the cannabis industry
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to establish clearer rules and procedures for handling accounts receivable – essentially, unpaid bills – within the Massachusetts cannabis industry. Currently, there’s a lack of standardized practices, which can create challenges for businesses operating in this sector. The legislation seeks to create a more predictable and transparent system for managing these debts, potentially fostering stability and growth within the cannabis market. It’s intended to address a significant operational hurdle for cannabis businesses in the state.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Priscila S. Sousa
Cosponsors
Aaron L. Saunders
Priscila S. Sousa
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