Bill > S3096

This bill aims to promote equity in the cannabis industry in Massachusetts. Key provisions include: 1. Allowing businesses in the cannabis industry to deduct certain expenses that are currently disallowed under federal law. 2. Establishing a 1% distribution from cannabis sales at social equity businesses to the cities and towns hosting those businesses. 3. Defining "social equity business" and providing requirements for host community agreements to promote participation from disproportionately impacted communities. 4. Creating a Cannabis Social Equity Trust Fund to provide grants, loans, and other support to help entrepreneurs from communities harmed by cannabis prohibition participate in the regulated industry. 5. Requiring the expungement of certain cannabis-related criminal records and establishing procedures for public education on cannabis health risks. 6. Directing the Cannabis Control Commission to study and make recommendations on accommodating medical cannabis use by students in public and private schools. Overall, the bill seeks to address historical inequities in the cannabis industry and enable greater participation and economic opportunities for individuals and communities that have been disproportionately impacted by marijuana prohibition and enforcement.

Joint Committee on Cannabis Policy (J), Senate Committee on Ways and Means (S)

https://malegislature.gov/Bills/192/S3096