Vermont passes law to assist cannabis social equity applicants
Vermont Gov. Phil Scott signed a bill into law to establish a fund to help people of color and others impacted by the war on drugs to open licensed cannabis companies.
According to Montpelier-based VTDigger, Senate Bill 25 sets aside $500,000 from the state coffers to establish a marijuana business-development fund that is slated to provide financial assistance, loans, grants and outreach to social equity business applicants.