Just yesterday, the Connecticut Department of Consumer Protection announced that it would begin accepting applications for adult-use licenses early next month.
Tomorrow, January 4, the Connecticut Social Equity Council will meet to move forward with their plan to begin accepting applications for adult-use licenses within the next several weeks. Under the Connecticut legalization law, the Department of Consumer of Protection (DCP) is allowed to set limits on the number of licenses that will be issued for each of the nine categories. We are calling on DCP to not set license caps, and if they must set license caps, that they be high.
Congress is now negotiating the fate of a bill that would make it easier for cannabis businesses to get basic banking services. The SAFE Banking Act, which would allow banks to legally work with state-licensed cannabis businesses, was recently added to a must-pass piece of legislation currently under consideration — the National Defense Authorization Act (NDAA). We are asking for your help to ensure it passes.