California Announces Additional $30 Million for Social Equity

On Tuesday, California supplemented its October 2019 grant of $10 million, with an additional $30 million in grant funding for local programs focused on support of individuals in California’s legal cannabis marketplace who are from communities negatively impacted by cannabis criminalization. A majority of this $30 million — at least $23 million — is earmarked for low or no interest loan and grant funding to cannabis business license applicants or holders identified by local jurisdictions as being from communities most harmed by cannabis prohibition.

Tagged: california, cannabis, social equity, drug war