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AI Summary: The "Marijuana Industry & Social Equity" bill aims to regulate the marijuana industry while addressing social equity concerns. It proposes provisions for licensing, taxation, and regulation of marijuana businesses, with a focus on promoting diversity and inclusion in ownership. The bill seeks to create opportunities for individuals disproportionately affected by past marijuana laws to participate in the industry. Additionally, it includes measures to support communities impacted by the war on drugs through reinvestment initiatives. This bill could have a significant impact on the marijuana industry by fostering a more equitable and diverse marketplace while addressing historical injustices related to cannabis prohibition.
Latest Action: Introduced In House - Assigned to Business Affairs & Labor
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Actions (2):
2024-01-10 : Introduced In House - Assigned to Business Affairs & Labor
2024-03-21 : House Committee on Business Affairs & Labor Postpone Indefinitely
Democrat Republican