§ 4.1-1500 Definitions
As used in this chapter, unless the context requires a different meaning:
“CDFI” means a community development financial institution that provides credit and financial services for underserved communities.
“Fund” means the Virginia Cannabis Equity Business Loan Fund established in § 4.1-1501.
“Funding” means loans made from the Fund.
“Program” means the Virginia Cannabis Equity Business Loan Program established in § 4.1-1502.
“Social equity qualified cannabis licensee” means a person or business who meets the criteria in § 4.1-606 to qualify as a social equity applicant and who either holds or is in the final stages of acquiring, as determined by the Board, a license to operate a marijuana establishment.
History
2021, Sp. Sess. I, cc. 550, 551.