Colorado lawmakers pass cannabis social equity measure
Under the legislation, social equity license holders would qualify for mentorship programs and financial incentives to help get their business off the ground.
Introduced only a week ago after the death of George Floyd in Minneapolis, House Bill 20-1424 changes the term “accelerator licensee” to “social equity licensee” in the state’s marijuana regulations.
If signed by Gov. Jared Polis, a social equity licensee could participate in the state’s accelerator program, which provides mentorship opportunities and financial incentives for prospective cannabis entrepreneurs.