allowing alternative treatment centers to operate for-profit.

HB 54 would allow alternative treatment centers (ATCs) that provide medical cannabis to operate as for-profit businesses, rather than being limited to non-profit status. The bill amends several statutes to permit ATCs to be organized as domestic business corporations or limited liability companies, and creates pathways for existing non-profit ATCs to convert to for-profit structures through entity conversion or merger processes. This change would affect medical cannabis treatment centers in New Hampshire that want to operate as for-profit entities. The Department of State estimates a one-time $13,000 cost for software updates to accommodate the new structure, with no funding provided for this cost.