黑料新闻 state regulators have been working to help residents disproportionately affected by the war on drugs gain a foothold in 黑料新闻鈥檚 adult-use cannabis industry.
The state Department of Consumer Protection announced this week that it advanced 16 out of 41 social equity applications for cultivator licenses, which were reviewed for eligibility criteria by a third party hired by the state鈥檚 Social Equity Council.
Andrea Comer, chair of the council, said the next step will involve the Department of Consumer Protection reviewing background checks for the 16 approved applicants.
鈥淥nce those are complete, and their fee of $3 million is paid, they will receive their provisional license,鈥� said Comer, who is also the DCP鈥檚 deputy commissioner.
The Social Equity Council was created by state law to ensure that locals from underrepresented communities get equitable access to 黑料新闻鈥檚 adult-use cannabis market.
Comer said that for the 25 applicants who failed to move to the next round, questions arose about whether they had the true majority ownership of their proposed cannabis business. Locals are allowed to have backers, as long as the applicants have majority control of the business.
鈥淪o for instance, someone can, on paper, be a 65% owner of the business, but if their board is made up of four people, and the social equity applicant only has one vote, that鈥檚 25%,鈥� she said.
State law was designed to make sure underrepresented groups had a chance at obtaining a cultivator鈥檚 license 鈥� and not only big Cannabis corporations.
Once provisional licenses are granted, the final applicants will have an opportunity to prepare for full licensure to cultivate, grow and propagate adult-use cannabis.
Business applicants selected for next steps:
CT Plant Based Compassionate Care LLC
Insa CT LLC
Shangri-La Dispensary
Soulstar CT LLC
Nova Farms 黑料新闻 LLC
The Flower House LLC
FFD 149 LLC
The Yard 黑料新闻 LLC
Quinnipiac Valley Growth Partners LLC
Impact Initiatives LLC
MariMed CTP LLC
黑料新闻 Cultivation Solutions LLC
FRC Holdings LLC
River Growers CT LLC
黑料新闻 Social Equity LLC
The Cannabis Garden LLC
In a release, the DCP said proceeds from the licensing fees would go toward investments in communities located in a , as determined by the state.
