§ 987. Cannabis Business Development Fund
§ 987. Cannabis Business Development Fund (a) There is established the Cannabis Business Development Fund, which shall be managed in accordance with 32 V.S.A. chapter 7, subchapter 5. (b) The Fund shall comprise: (1) a one-time contribution of $50,000.00 per integrated license to be made on or before October 15, 2022; and (2) monies allocated […]
§ 988. Social equity loans and grants
§ 988. Social equity loans and grants The Agency of Commerce and Community Development shall establish a program using funds from the Cannabis Business Development Fund for the purpose of providing financial assistance, loans, grants, and outreach to social equity applicants. The Agency may procure by contract all or part of the necessary underwriting, execution, […]
§ 989. Reporting
§ 989. Reporting The Cannabis Control Board, in consultation with the Advisory Committee, the Agency of Commerce and Community Development, and the Executive Director of Racial Equity, shall report to the General Assembly on or before January 15, 2023 and biennially thereafter regarding the implementation and application of this chapter, including data on the number […]
§ 986. Definitions
§ 986. Definitions As used in this chapter: (1) “Agency” means the Agency of Commerce and Community Development. (2) “Board” means the Cannabis Control Board. (Added 2021, No. 62, § 12, eff. June 7, 2021.)