Regulatory Update: Illinois, Connecticut, Arizona

Illinois Grants $31M To Support Social Justice Initiatives; Expunges And Pardons 500K Records

The Prairie State took $31.5 million from cannabis tax revenue to support social justice initiatives.

According to Marijuana Moment, $28.3 million will be granted to service delivery, while $3.1 million will be used to sponsor “assessment and planning initiatives,”

Illinois officials provided the grant money to communities that have been negatively affected by the war on drugs. These funds are contained in the state’s Restore, Reinvest, and Renew (R3) program that was formed in accordance with Illinois adult-use cannabis legalization law.

Some 25% of cannabis tax dollars must be placed in that fund to further support those deprived of legal assistance and finances, or in need of community reentry.  

The Illinois Criminal Justice Information Authority (ICJIA) noted that there were 398 applicants for the grants, out of which 80 were selected, among which are various “faith-based organizations,” local governments, and companies.

“By awarding this first round of R3 grants, we are taking another important step toward undoing the harms of the past, and Lt. Governor Stratton and I will continue to ensure equity is a top priority …

Full story available on Benzinga.com

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