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Bill

A 4306

Expands who can hold membership in an adult-use cooperative license

2025 Regular Session Introduced by Jeffrey Dinowitz

A 4306 expands who can hold membership in adult-use cannabis cooperatives, widening ownership and governance by allowing more groups to join cooperatives.

REFERRED TO ECONOMIC DEVELOPMENT
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Bill Summary · A 4306

Bill Summary: A 4306 — Expands who can hold membership in an adult-use cooperative license

Overview

  • Bill number: A 4306
  • Title: Expands who can hold membership in an adult-use cooperative license
  • Sponsor: Jeffrey Dinowitz (primary)
  • Status: Referred to Economic Development
  • Introduced: February 4, 2025
  • Classification: Bill

Purpose and intent

  • The bill aims to broaden the eligibility criteria for individuals or entities that can hold membership in an adult-use cannabis cooperative license. In practical terms, it would expand who is permitted to be a member of a cooperative licensed to engage in adult-use cannabis activities.

Key provisions (as reported)

  • Specific text of the bill is not provided in the summary materials available here. The core stated purpose is to expand eligibility to hold membership in an adult-use cooperative license.
  • If enacted, the bill would modify the statutory framework governing ownership, membership, or投 governance of adult-use cannabis cooperatives; exact definitions, eligibility categories, and any limits or qualifications would be set forth in the bill’s text.

Who would be affected

  • Current and prospective members of adult-use cannabis cooperatives that hold or seek cooperative licenses.
  • Entities and individuals seeking membership or investment in such cooperatives, including any broadened categories of eligible members that the bill specifies.
  • The governance and ownership structure of affected cooperatives could change to reflect the expanded membership eligibility.

Procedural and timeline aspects

  • Introduced on February 4, 2025.
  • Status shows the bill has been referred to the Economic Development committee (listed in the legislative actions on the same date). There is no publicly listed movement beyond referral in the provided material.
  • Related/companion legislation:
    • A 7694 (prior-session)
    • S 5277 (companion) — listed twice in the provided materials

Related bills and context

  • The bill has a companion in the Senate (S 5277) and a prior-session Assembly bill (A 7694), indicating alignment with ongoing or previously considered efforts to adjust ownership and membership rules for adult-use cannabis cooperatives.

Practical implications to watch

  • If enacted, the expansion of membership eligibility could affect licensing practices, ownership diversity, and governance dynamics within adult-use cannabis cooperatives.
  • Stakeholders may want to monitor: the exact definitions of eligible members, any residency or qualification requirements, oversight or licensing conditions, and how expanded membership interacts with equity and licensing goals.

If you’d like, I can pull the full bill text or committee bill analyses to extract the precise definitional changes, eligibility criteria, and any related regulatory amendments.

Compiled from official sources — confirm details with the bill’s official record.

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