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utality and racial injustice all across the globe, Colorado state legislature signed House Bill 20-1424 that woul
d set aside cannabis social equity licenses for entrepreneurs of color and now has been sent to Governor Jared Polis office for his signature. Under the legislation, social equity license holders would qualify for mentorship programs and financial incentives to help get their business off the ground.
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In addition, the Colorado Senate added an amendment that would clar
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ify a process to have convictions for possessing up to 2 ounces of marijuana expunged from a person’s record and allow that person to apply for a cannabis business license.