Lawmakers previously passed the bill, SB21-111, by a vote of 19-15 in the Senate and 40-23 in the House.
The so-called marijuana entrepreneur program will be funded initially with $4 million from the state’s marijuana tax cash fund.
The program will include:
- Loans to social equity licensees for seed capital and ongoing business expenses.
- Grants to social equity licensees to support innovation and job creation.
- Technical assistance such as business-plan development, consulting services and funding to augment existing technical assistance programs.