Connecticut lawmakers said they had reached a deal with Gov. Ned Lamont (D) to legalize REC. Voting has to take place before the legislative deadline on Wednesday.
While the nearly 300 page bill isn’t public, equity activists pushed back at some of the details which emerged.
Marijuana Moment
- The language at issue, first reported in CT Post, requires equity businesses to partner with existing MED license holders to learn the business. Participating MED businesses would receive advantages in the REC market, such as lower fees, for participating in the program.
- The Minority Cannabis Business Association is calling on lawmakers to reject the bill. “You cannot repair the damage done to minority communities by erecting a regulatory regime that hands the industry over to corporate monopolies,” the group said in an email.
- A progressive lawmaker said a special legislative session focused on legalization is on the table, though Gov. Lamont and top lawmakers oppose holding one.
Quick Hits
- Cultivation accounts for about 10% of industrial electricity use in Massachusetts. (MJBiz suggests “playing in the carbon markets” can have benefits for hemp farmers.)
Worcester Business Journal - The clock is ticking for New York towns seeking to opt out of pot sales.
WSKG