A Washington, D.C. councilman introduced a bill this week that would expand opportunities for formerly incarcerated people to participate in the medical marijuana market. In addition to ending the ban on industry participation by people with felony convictions, this bill would establish two programs meant to encourage cannabis business ownership by “returning citizens.” One would provide an “application fee waiver, technical assistance with the application” for those seeking a marijuana license for businesses with at least 51 percent ownership by formerly incarcerated individuals. The other would offer “assistance in developing a business plan and a plan for raising capital for approved applicants” for businesses with at least 51 percent “returning citizen” ownership.
Kyle Jaeger, Marijuana Moment, 10/14/2020 10:03:26