Smoke Alarm - The Cannabis and Tobacco Education Initiative
  A Community Interest Companymore information
 

Community interest companies (CIC) are a new type of limited company designed specifically for those wishing to operate for the benefit of the community rather than for the benefit of the owners of the company. This means that a CIC cannot be formed or used solely for the personal gain of a particular person, or group of people.

CICs can be limited by shares, or by guarantee, and will have a statutory "Asset Lock" to prevent the assets and profits being distributed, except as permitted by legislation. This ensures the assets and profits are retained within the CIC for community purposes, or transferred to another asset-locked organization, such as another CIC or charity.

It is anticipated that 30% of income generated after expenses from Smoke Alarm training and workshops will go toward subsidizing regional support groups to help individuals who want to make positive changes concerning their cannabis use.