Massachusetts H180 aims to regulate accounts receivable in the cannabis industry by setting credit terms and penalties for delinquent licensees.

Massachusetts H180 introduces provisions to manage accounts receivable within the cannabis industry. It sets a maximum credit period of 60 days for marijuana or marijuana product sales between licensees. If a licensee does not settle their debt within this period, they are considered delinquent and cannot purchase or accept delivery of products from other licensees unless paid in cash. The commission must post the names of delinquent licensees on its website.

Massachusetts H180 aims to regulate accounts receivable in the cannabis industry by setting credit terms and penalties for delinquent licensees.

Massachusetts H180 introduces provisions to manage accounts receivable within the cannabis industry. It sets a maximum credit period of 60 days for marijuana or marijuana product sales between licensees. If a licensee does not settle their debt within this period, they are considered delinquent and cannot purchase or accept delivery of products from other licensees unless paid in cash. The commission must post the names of delinquent licensees on its website.