IndustryDevelopments | International & State Colorado Gov. Jared Polis signed a measure with initial funding of $4 million that will provide loans, grants and technical assistance to social equity marijuana licensees. The so-called marijuana entrepreneur program will be funded initially with $4 million from the state's marijuana tax cash fund and will offer loans and grants to social equity licensees as well as technical assistance such as business-plan development, consulting services and funding to augment existing technical assistance programs. Florida The state Supreme Court voted 5-2 against an effort to put adult-use marijuana legalization on the ballot in 2022, killing any chance it would appear in that election. The justices called the initiative " misleading " and said the the amendment didn't properly advise residents that marijuana still would be illegal at the federal level. Additionally, Gov. Ron DeSantis said he does not support capping THC in Florida's medical cannabis market. However, DeSantis did express concerns about the strength of marijuana products. Florida's House Bill 1455 would cap THC at 10% for flower and 60% for concentrates. 28 Marijuana Business Magazine | May-June 2021https://www.gznalite.com/