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The Massachusetts Cannabis Social Equity Trust Fund: What You Need to Know

By David M. Ullian
Feb 13, 2024

Massachusetts launched the Cannabis Social Equity Trust Fund to aid qualified cannabis businesses disproportionately impacted by marijuana prohibition. Licensed businesses or applicants meeting specific criteria, like Social Equity Program participants, can access grants or loans (up to $50,000 now!). Apply online and learn more about future programs before the February 15th deadline.

New Funding Opportunity for Maryland’s Social Equity Cannabis Business Applicants

By Meg Nash, Bridgette Nikisher
Feb 7, 2024

Maryland's Cannabis Business Assistance Loan/Grant Fund is offering grants to help social equity applicants cover costs associated with obtaining a cannabis business license. The program reimburses up to 50% of eligible expenses, with a maximum of $5,000. Applications open February 19th and close March 20th. Read this Insights post to learn more about eligibility, qualifying expenses, and how to apply.

Upcoming Cannabis Business Licensing Opportunities Across the U.S.

By Jerrico Perez
May 22, 2023

Opportunities for growth across the nation are currently abundant for cannabis businesses, and our experienced team is here to help you navigate these increasingly complex and competitive licensing processes. With more winning merit-based applications than any other law firm in the country, our team’s work ethic, dedication, and experience will help elevate your application above the competition and set your business up for long-term success.

Michelle Bodian Will Discuss Connecticut Cannabis Licensing and Regulatory Updates at Xpocanna Cannabis Convention

Mar 15, 2023

Are you ready to jump into the Connecticut cannabis market? Attend this Xpocanna session with Vicente partner Michelle Bodian on March 25 for reflections on the Nutmeg State’s 2022 licensing lottery process, guidance for applying in 2023, and insight into what’s might be coming during this year from the legislature, Dept of Consumer Protection, and the Social Equity Council.

Connecticut Adult Use Sales Open: How Much Will Customers Pay in Taxes?

By Michelle Bodian
Jan 10, 2023

Adult-use cannabis sales started in Connecticut on January 10, 2023. While this historic moment has been in decades in the making, the tax collector still wants its piece of the pie. Read this for a quick recap of the applicable taxes and registration process for Connecticut cannabis retailers, hybrid retailers, and micro-cultivators, and a look at how much their customers will pay in taxes.

Tax Credits Available for Investing in Connecticut Cannabis Companies

By Michelle Bodian, Bridgette Nikisher
Nov 15, 2022

Who wants free money for investing in a Connecticut cannabis company? CT's Cannabis Angel Tax Credit Program provides a way for investors to receive a 25% tax credit against the state income tax when they invest at least $25k in an approved social equity cannabis licensee.