Establishes the Cannabis Community Reinvestment Act, requiring cannabis operators to reinvest in communities disproportionately impacted by cannabis.
The Cannabis Community Reinvestment Act mandates cannabis operators to include a reinvestment plan in their applications, targeting communities disproportionately affected by cannabis prohibition. Operators must contribute at least two percent of their annual profits to these communities. The Department of Financial Services reviews these plans and can mark operators for further review if they fail to properly serve disadvantaged communities.
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- Legal Framework
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