The bill amends Section 21-28.11-10.2 of the Rhode Island Cannabis Act to establish regulations for cannabis retail sales. It allows the commission to grant up to twenty-four retail licenses, with specific restrictions on geographic zones and the allocation of licenses for workers' cooperatives and social equity applicants. The bill outlines minimum qualifications for applicants, including age, residency, compliance with tax obligations, and municipal zoning approvals. Additionally, it introduces a requirement for an annual fee of $30,000 to be deposited into a social equity fund.

Notably, the bill mandates that cannabis retail sales licensees must comply with all applicable laws and regulations, including the Fair Employment Practices Act. A significant insertion is the requirement for dispensaries to display signage warning about the risks of marijuana and THC consumption during pregnancy. The bill also includes provisions for inspections, testing of cannabis products, and immunity for licensed retailers and their employees from certain legal repercussions when acting in accordance with the law. The act will take effect upon passage.

Statutes affected:
5249: 21-28.11-10.2