summary
Introduced
06/09/2020
06/09/2020
In Committee
06/12/2020
06/12/2020
Crossed Over
06/26/2020
06/26/2020
Passed
06/26/2020
06/26/2020
Dead
Signed/Enacted/Adopted
06/29/2020
06/29/2020
Introduced Session
2020 Regular Session
Bill Summary
In the "Colorado Marijuana Code", the bill changes the term "accelerator licensee" to "social equity licensee" and alters the qualifications. A social equity licensee may participate in the accelerator program on the premises of a retail marijuana licensee whereby the social equity licensee receives assistance from an experienced retail marijuana licensee. The bill expands the accelerator program to include a retail marijuana store licensee. A retail marijuana licensee participating in the accelerator program and a social equity licensee may be entitled to incentives from the department of revenue or the office of economic development and international trade.
AI Summary
This bill changes the term "accelerator licensee" to "social equity licensee" and alters the qualifications for these licenses. A social equity licensee may participate in the accelerator program on the premises of a retail marijuana licensee, where the social equity licensee receives assistance from an experienced retail marijuana licensee. The bill expands the accelerator program to include a retail marijuana store licensee. Retail marijuana licensees participating in the accelerator program and social equity licensees may be entitled to incentives from the Department of Revenue or the Office of Economic Development and International Trade.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
Governor Signed (on 06/29/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
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