Arizona bill aims to reclaim social equity licenses from investors, corporate marijuana dispensaries
Arizona lawmakers are pushing to return social equity licenses for marijuana dispensaries to their original owners, alleging private investors and cannabis corporations used predatory tactics to seize control of nearly all the lucrative licenses. Senate Bill 1262, introduced by Republican Sen. Sonny Borrelli, seeks to restore power to those the state’s social equity program was actually meant to benefit: people from marginalized communities disproportionately affected by past marijuana convictions. It would also allow the state Attorney General’s Office to investigate and punish entities that exploited those individuals. “What we have here is an injustice that needs to be fixed,” Borrelli,…
