Cannabis Equity Grants Program for Local Jurisdictions
Governor's Office of Business and Economic Development
About this archived opportunity
On November 8, 2016, California voters approved Proposition 64, the Control, Regulate, and Tax Adult Use of Marijuana Act (AUMA). In its statement of purpose and intent, AUMA calls for regulating cannabis in a way that “reduces barriers to entry into the legal, regulated market.” GO-Biz administers the Cannabis Equity Grants Program for Local Jurisdictions to aid local equity program efforts to support equity applicants and equity licensees. Offering technical support, regulatory compliance assistance, and assistance with securing the capital necessary to begin a business will further the stated intent of the AUMA by reducing barriers to licensure and employment in the regulated industry. Offering these types of support will also aid the state in its goal of eliminating or reducing the illicit cannabis market by bringing more people into the legal marketplace.
Historical details
- Status
- Closed
- Deadline
- December 16, 2024
- First captured
- March 14, 2026
- Award
- $15,000,000
- Publisher reference
- 80891
Eligibility: A local jurisdiction (a city, county, or city and county) that demonstrates an intent to develop a cannabis equity program or that has adopted or operates a cannabis equity program.
This opportunity has closed
Cannabis Equity Grants Program for Local Jurisdictions
by Governor's Office of Business and Economic Development
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