SACRAMENTO – The Bureau of Cannabis Manage (Bureau) announced currently that it has awarded equity grant funding to nearby jurisdictions to be applied for industrial cannabis equity applications that concentrate on inclusion and assistance of persons or communities that have been negatively or disproportionately impacted by cannabis criminalization. Grant funds are to be applied to give help and solutions to nearby equity applicants and licensees.
The Bureau awarded a total of $10 million in equity grant funding to 10 nearby jurisdictions, as follows:
- City of Los Angeles – Awarded $1,834,156.38
- City of Oakland – Awarded $1,657,201.65
- County of Humboldt – Awarded $1,338,683.13
- City & County of San Francisco – Awarded $1,338,683.13
- City of Sacramento Awarded – $1,197,119.34
- City of Lengthy Beach Awarded – $913,991.77
- City of San Jose Awarded $560,082.30
- County of Santa Cruz Awarded – $560,082.30
- City of Coachella Awarded – $500,000.00
- City of Palm Springs Awarded – $100,000.00
The equity grant funding is authorized by the California Cannabis Equity Act of 2018 established by Senate Bill 1294 (Bradford 2018) and the Spending budget Act of 2019, Item 1111-490 – Reappropriation.
All qualifying nearby jurisdiction applicants that met the criteria and specifications for grant funding received a minimum grant of $100,000. Fund awards have been determined primarily based on the system recommendations up to the quantity requested by the nearby jurisdiction. The recommendations can be discovered at https://www.bcc.ca.gov/about_us/documents/equity_grant_recommendations_2019.pdf.
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