SACRAMENTO – The Bureau of Cannabis Manage (Bureau) announced currently that it is accepting applications for grant funding authorized by the California Cannabis Equity Act of 2018 (Equity Act), established by Senate Bill 1294.
The Bureau was appropriated $10 million to award to cities and counties assisting equity applicants and licensees by way of their nearby equity applications focusing on inclusion and help of persons in the cannabis business who had been negatively or disproportionately impacted by cannabis prohibition.
“We’re excited to release the equity grant application method for nearby jurisdictions,” Bureau Chief Lori Ajax stated. “This funding is a substantial step toward supporting and encouraging equity applicants and licensees with entry into California’s industrial cannabis business.”
To apply for grant funding, a nearby jurisdiction ought to submit an application and the necessary documentation electronically by way of an on the net portal in between July 31, 2019 and August 30, 2019. The application and extra facts about the equity grant recommendations and method can be discovered right here – https://www.bcc.ca.gov/about_us/equity_grant.html, or, beneath the “About Us” section of the Bureau’s site.
All grant funds will be awarded no later than June 30, 2020. Nearby jurisdiction applicants that submit timely applications and meet the eligibility needs will obtain a minimum grant of $100,000 unless a lesser grant quantity is requested. Only nearby jurisdictions are eligible for grant funds.
To subscribe to e mail alerts to hear about updates as they grow to be offered, please take a look at the Bureau’s site at http://www.bcc.ca.gov/. For facts on all 3 state cannabis licensing authorities, please take a look at the state’s California Cannabis Portal at https://cannabis.ca.gov/. Adhere to the Bureau on Facebook, Twitter and Instagram for each day news and updates.
These hunting to get in touch with the Bureau of Cannabis Manage may possibly get in touch with us straight by way of e mail at [email protected].