Social Equity Licensees In Regulated Marijuana

In the "Colorado Marijuana Code", the act 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 act 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.

Under current law, before the governor is allowed to pardon any person, the application must include a certificate from the superintendent of a prison where the person was held and be submitted to the judge who sentenced the person, the district attorney for the judicial district, and the attorney who prosecuted the person for their comments. The act authorizes the governor to pardon a class of persons convicted of possession of up to 2 ounces of marijuana without the certificate or submitting the application to anyone else.

(Note: This summary applies to this bill as enacted.)