On December 7, the Connecticut Social Equity Council approved income and residency documentation requirements for social equity applicants and cannabis businesses seeking to operate as Equity Joint Ventures. The approval is contingent upon the Council’s acceptance of an implementation plan for the accelerator and technical assistance programs, which will provide important business support to potential applicants.
On Monday, Governor Phil Scott signed S. 25, a bill that will strengthen the social equity provisions in Vermont’s cannabis legalization law. S. 25 requires the Cannabis Control Board to reduce or eliminate licensing fees for social equity applicants, which are defined as “individuals from communities that historically have been disproportionately impacted by cannabis prohibition or individuals directly and personally impacted by cannabis prohibition,” and it creates a Cannabis Business Development…
Exciting news! Last night, the Connecticut Senate approved a bill that would legalize cannabis for adults in a 19-17 vote. The measure now heads to the House of Representatives where a vote is anticipated later today. If passed, Gov. Lamont is expected to sign the bill into law.
On March 25, the Vermont Senate passed S. 25, a bill that would strengthen the social equity provisions in Vermont’s cannabis legalization law. The bill would require the Cannabis Control Board to reduce or eliminate licensing fees for social equity applicants, which are defined as “individuals from communities that historically have been disproportionately impacted by cannabis prohibition or individuals directly and personally impacted by cannabis prohibition.”