What is a social equity joint venture? Connecticut Social Equity Joint Ventures will create new business in CT to benefit social equity applicants that qualify. Connecticut defines an Equity Joint Venture (EVJ) as a business entity, partnering with a licensed producer, DIA cultivator or dispensary facility, that is at least 50 percent owned and controlled […]
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Connecticut cannabis establishment licenses statutes include favorable conditions for social equity applicants. The following are some of the advantages offered to social equity applicants: (1) expedited or priority licensing; (2) 50 percent of all licenses will be awarded to social equity applicants; (3) reduced licensing fees for the first three renewal cycles; and (4) tax
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Connecticut Cannabis Establishment License: How to Apply In February of 2021 Gov. Ned Lamont proposed a legislation that would permit the sale and possession of recreational marijuana in Connecticut, starting in 2022 and relying on the existing infrastructure of medical cannabis producers and dispensaries for a fast start while also offering opportunity to newcomers.
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