OPEN A MEDICAL MARIJUANA DISPENSARY IN NEW HAMPSHIRE

On June 26, 2013 the Legislature voted 284-66 Wednesday on compromise legislation that Gov. Maggie Hassan has said she will sign. The bill allows patients diagnosed with cancer, Crohn’s disease and other conditions to possess up to 2 ounces of marijuana obtained from one of four dispensaries authorized by the state. On July 23, 2013 Governor Maggie Hassan signed the bill into law. 2 Alternative Treatment Centers (ATCs) are slated to open in 2015, and the process for 2 more ATCs should open in July 2015.

NEW HAMPSHIRE MEDICAL MARIJUANA SUMMARY

• Requires non-profit corporation
• Dispensary location and one additional cultivation site
• Security, operations and record keeping as well as other plans the division recommends

DEMOGRAPHICS – NEW HAMPSHIRE

DECRIMINALIZED

Medical Use

DATE PASSED

July 23, 2013

PROGRAM OVERVIEW

HB 573 passed in 2013 which allow patients with qualifying medical conditions to register with the state Department of Health and Human Services to possess up to two ounces of marijuana at a time. The department will also register four non-profit alternative treatment centers (ATCs) to grow and sell marijuana to patients. Patients could also designate a caregiver to pick up their medicine for them, but neither patients nor caregivers may cultivate marijuana under any circumstances. Caregivers typically could assist no more than five patients.

QUALIFYING MEDICAL CONDITIONS

Cancer, glaucoma, positive status for human immunodeficiency virus, acquired immune deficiency syndrome, hepatitis C currently receiving antiviral treatment, amyotrophic lateral sclerosis, muscular dystrophy, Crohn’s disease, agitation of Alzheimer’s disease, multiple sclerosis, chronic pancreatitis, spinal cord injury or disease, traumatic brain injury, or one or more injuries that significantly interferes with daily activities as documented by the patient’s provider; A severely debilitating or terminal medical condition or its treatment that has produced at least one of the following: elevated intraocular pressure, cachexia, chemotherapy-induced anorexia, wasting syndrome, severe pain that has not responded to previously prescribed medication or surgical measures or for which other treatment options produced serious side effects, constant or severe nausea, moderate to severe vomiting, seizures, or severe, persistent muscle spasms.

CURRENT OPPORTUNITIES

No current opportunities

PATIENT BASE

3,000

NUMBER OF DISPENSARIES

4

NEW HAMPSHIRE RESOURCES

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Substantial capital is required to respond to a state RFA/RFP. How would you appraise your liquid financial assets?