California Awards $15 Million In Grants To Support Local Marijuana Equity Programs

Marijuana Moment write

California officials on Friday announced that they’ve awarded $15 million in grants to support local efforts to promote equity in the marijuana industry.

The Governor’s Office of Business and Economic Development (GO-Biz) distributed the funds to 16 cities and counties across the state through the Cannabis Equity Grants Program for Local Jurisdictions. Applications opened for the program late last year.

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The grants for this fiscal year’s awardees range from $350,000 for the San Diego County to $1,996,487 for Oakland.

GO-Biz started accepting applications for an earlier round of grants under the program in 2021, with a total of $35 million made available for localities across the state. This and the next year’s funding cap is set at $15 million.

The department separately distributed a round of community reinvestment grants last year totaling $35.5 million with tax revenue generated from recreational marijuana sales.

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California Awards $15 Million In Grants To Support Local Marijuana Equity Programs

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