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From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

Released Friday, 2nd July 2021
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From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

From CEP to SIP: Social Impact Plans and Annual Reports for Denver Cannabis Businesses

Friday, 2nd July 2021
Good episode? Give it some love!
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In April 2021, Denver City Council approved the Marijuana Omnibus Ordinance which revised the Municipal Code and established new marijuana license application and renewal requirements. As part of the Omnibus Ordinance, the city moved to transition licensees from requiring Community Engagement Plans (CEPs) to requiring more rigorous Social Impact Plans (SIPs).

A live session featuring a member of Denver’s Department of Excise & Licensing, along with attorneys from VS’s Impact & ESG and Regulatory Compliance Departments! During the session, we dive into what you need to know about the new requirements, including:

  • History of CEPs to SIPs and key differences between the plans
  • What the new SIPs require from licensees
  • Annual SIP tracking, transparency, and reporting obligations
  • Risks of failing to maintain SIPs

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