CA: BCC Announces Equity Grant Funding

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SACRAMENTO – The Bureau of Cannabis Manage (Bureau) announced right now that it has awarded equity grant funding to nearby jurisdictions to be utilised for industrial cannabis equity applications that concentrate on inclusion and help of persons or communities that had been negatively or disproportionately impacted by cannabis criminalization. Grant funds are to be utilised to deliver 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 &amp 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 Price range 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 had been determined primarily based on the system recommendations up to the quantity requested by the nearby jurisdiction. The recommendations can be identified at

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