Connecticut’s $3 million fee for social equity cannabis grower permits raises obstacles – and eyebrows
But there’s a “huge catch” – the licensing fee is $3 million, noted Michelle Bodian, a senior associate attorney in Vicente Sederberg’s Boston and New York offices and the lead on Connecticut licensing.
“It’s a head-scratcher,” she said – and a huge barrier to entry.
The $3 million fee sticks out in a social equity program that otherwise is considered by some to be one of the best in the country in terms of promoting greater participation among minority entrepreneurs and individuals affected by the war on drugs.