Just over two years into the state's social equity initiative, a bill proposing to overhaul the program was introduced on the first day of the 2023 legislative session.
have tried to make up for lost time and past injustices, the proposal from Representative Naquetta Ricks would add a slew of new features to the state program, including preferential delivery opportunities for social equity businesses and changes to Colorado's social equity licensing requirements.
's entrepreneurial assistance program for social equity marijuana business owners. She's on her second ten-week course for aspiring potrepreneurs and hopes to soon open a facility that would house nine infused-product manufacturers. But licensing priority and technical help still aren't enough to compete with better-funded operations that don't fit the spirit of the social equity effort, Woodson argues.
If HB 1020 is approved, Woodson says she's willing to work with Denver dispensaries to roll back the partnership requirement, which was just implemented a few months ago. "This could be a game changer and save a lot of social equity businesses," she predicts."I'm an optimist. Do I think [the marijuana industry] will negotiate? No, but I hope they do."
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