The Governor’s Office of Business and Economic Development (GO-Biz) has announced the award winners of Cannabis Equity Grants for local programs, of which $15 million was available in the form of low/no-interest loans or grants. Cannabis Equity Grants seek to eliminate barriers for populations that were disproportionately harmed by cannabis prohibition by providing funding to local jurisdictions for programs to assist cannabis applicants and licensees gain entry into the state’s regulated marketplace. The counties of Humboldt, Lake and Mendocino received funding for their programs, while Sonoma and Trinity counties received grants to develop a local equity program. To date, the state has invested $40 million in cannabis equity funding. For more information, see here.
