An annual report of the Executive Office of Economic Development (under Section 14A(d) of Chapter 94G of the General Laws) submitting the Cannabis Social Equity Trust Fund annual report for fiscal year 2025

This bill (HD 5006) requires the Executive Office of Economic Development (EOED) to submit an annual report on the Cannabis Social Equity Trust Fund (CSETF) for fiscal year 2025, as mandated by Section 14A(d) of Chapter 94G. The report details fund expenditures ($26.7 million in grants), recipient businesses (181 entities across Massachusetts, including minority-owned operations), geographic locations, funding types, and $12,001 in public donations. It ensures transparency for the House and Senate Ways and Means Committees, the Cannabis Policy Committee, and the public via EOED’s website. The report directly supports accountability for funds intended to advance equitable participation in Massachusetts’ cannabis industry for communities disproportionately impacted by marijuana prohibition.