Delaware lawmakers take first step toward legalizing an adult-use cannabis market

Be at the forefront of cannabis and psychedelics science and innovation. Register by March 14 & Save $100 on tickets to The Emerald Conference by MJBiz Science, April 1-3 in San Diego.

A state House committee in Delaware advanced an adult-use cannabis bill that focuses in large part on social equity and small businesses, the initial step toward legalizing a commercial market.

The House Health and Human Development Committee on Wednesday approved a Democratic-sponsored HB 305, the Delaware Marijuana Control Act, along mostly party lines.

The bill needs to be considered by the House Appropriations Committee before heading to the full chamber for a vote. There, it would need a 60% majority to pass, according to the Washington, DC-based Marijuana Policy Project.

The measure is slightly different from one approved by two House committees last year before the Legislature adjourned.

Within 19 months of the effective date of the legislation, the following licenses would be issued, according to a bill summary by MPP:

  • 30 retail, including 15 to social equity applicants.
  • 60 cultivation, including 20 to social equity applicants. Half the cultivation licenses would be set aside for small growers with less than 2,500 square feet of space.
  • 30 product manufacturers, including 10 to social equity applicants and 10 microbusinesses.
  • Five testing labs, including two to social equity applicants.

Are you a social equity cannabis license holder or applicant?

The MJBizCon team is now accepting 2023 Social Equity Scholarship Program applications.

The mission of this program is to provide social equity cannabis license holders or applicants access to the #1 global cannabis industry conference + tradeshow in Las Vegas.

Who can apply?

  • Students currently enrolled in a cannabis-related program at an accredited university or college.
  • Cannabis executives at licensed social equity cultivation, extraction/processing, retail, manufacturing/brand businesses (or awaiting application approval).

Don’t miss out on this potentially life-changing opportunity.

Apply to attend MJBizCon today – The application period will close on July 24!

A 15% tax would be levied on retail sales. Seven percent of the tax revenue would go to a Justice Reinvestment Fund.

State finance officials, according to the Associated Press, say the measure doesn’t adequately address tax enforcement, banking and indemnification of state employees who would be regulating a product still illegal under federal law.