Cannabis legalization.

Legalizes cannabis and establishes the cannabis regulatory agency (CRA) to regulate cannabis, including the permitting of growers, processors, dispensaries, and cannabis researchers. Requires the CRA to adopt rules limiting the number of dispensaries that may be established in a city, town, or county, and to ensure that a sufficient number of dispensary permits are awarded to minority business enterprises and women's business enterprises. Establishes permit fees. Creates the CRA advisory committee to advise the CRA. Changes references to "marijuana" in the Indiana Code to "cannabis". Legalizes possession of cannabis and possession of paraphernalia used in connection with cannabis. Legalizes the manufacture and delivery of cannabis and paraphernalia if done in substantial compliance with cannabis legalization provisions. Makes: (1) possession of cannabis by a person less than 21 years of age; (2) delivery of cannabis to a person less than 21 years of age; and (3) consumption of cannabis in a public place; a Class B misdemeanor. Allows a person sentenced for a cannabis offense committed before July 1, 2021, to petition for sentence modification even if the person would otherwise be barred from seeking sentence modification. Makes conforming amendments.