New York’s Social Equity Fund Limited Partnership Agreement
Canna Law Blog
SEPTEMBER 26, 2022
During a little advertised Cannabis Control Board (CCB) meeting , the CCB announced and approved a Limited Partnership Agreement for New York’s Social Equity Fund. As a brief refresher, the Social Equity Fund was mandated by the Marijuana Regulation and Taxation Act (MRTA). On January 5, 2022, Governor Kathy Hochul announced that the fund would be, well, funded with $200 million of investments funds, $50 million of which would be invested by New York State from revenue deposited in the Cannabis
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