Connecticut SEC governance committee approves bylaws after closed session
Connecticut has received 23,487 applications for social equity licenses, all of which must be reviewed and approved by the Council.
Connecticut has received 23,487 applications for social equity licenses, all of which must be reviewed and approved by the Council.
The SEC will also evaluate social equity lottery winners for retail licenses, which were selected about three weeks ago by the University of Connecticut’s Department of Pharmacy Practice.
By October 2021, public comments had become a fixture of the Council’s monthly meetings, but not in this month’s meeting.
The new state law outlaws gifting cannabis as a transaction, which means there is an exchange. Smaller interchanges, such as handing a joint to a random person with no expectation is still permitted.
The state will issue a total 12 provisional retail licenses, half of which will be reserved for social equity applicants who will have reduced application fees.
After an April 21 meeting, many members decided that they had been convinced that social equity backers should not have to recluse their tax return information.
In one week’s time, the total number of applications for the Cannabis license lotteries jumped from 1,039 as of the morning of April 21, to 4,714 on April 28. The largest jumps were in the lotteries for retail, micro-cultivation, medical-adult-use hybrid licenses. The window for retail applications closes on Wednesday, April 4.
The anti-gifting component of the bill came after the emergence of large gifting events following the legalization of adult use cannabis in Connecticut in July, 2021.
The state’s adult use cannabis law includes a stipulation that all prospective adult use retailers obtain a labor peace agreement with a local union before they can be awarded a license.
The suit alleges Illinois Gov. J.B. Pritzker’s family, the Wrigley chewing gum family, and GTI founder Ben Kovler colluded to create a cartel to freeze out social equity applicants.