There is a non-lapsing Cannabis Reinvestment and Restoration Fund ("Fund"), into which shall be paid all monies received from the State Community Reinvestment and Repair Fund established pursuant to Sec. 1-322 of the Alcoholic Beverages and Cannabis Article of the State Code. The Cannabis Reinvestment and Restoration Board shall use this Fund to award monies pursuant to Subtitle 2, Division 9 of this Code.

The purpose of the Fund is to provide fund to community-based organizations that serve communities determined by the Office of Social Equity, in consultation with the Office of the Attorney General, to have been the most impacted by disproportionate enforcement of the cannabis prohibition before July 1, 2022. The Fund may only be used for: Funding community-based initiatives intended to benefit low-income communities; or Funding community-based initiatives that serve disproportionately impacted areas, as defined in Sec. 36-101 of the Alcoholic Beverages and Cannabis Article of the State Code; or Any related administrative expenses.

The Fund is supplemental to and may not supplant funding that otherwise would be appropriated for preexisting local government programs. The Fund shall not be used for any law enforcement agencies or activities.