California gives $ 15 million more in social equity grants on cannabis

California distributes $ 15 million in grants to 10 cities and counties that have adopted social equity programs to help minorities and those affected by the war on drugs involved in the legal marijuana market.

The new award, awarded by Governor Gavin Newsom’s Office of Affairs and Economic Development and the state’s Cannabis Control Office, builds on the $ 40 million previously awarded for the same cause.

A minimum of $ 11.5 million of the funds will go directly to social equity entrepreneurs in the form of loans or grants, according to a press release.

“As we work to safely reopen our economy, leading with fairness in all sectors will ensure a fair recovery and strengthen our commitment to creating a truly diverse legal industry,” said Nicole Elliott, Senior Cannabis Advisor to the Governor. .

It’s the third round of public funding for cities with existing social equity programs. Recipients and their scholarships include:

  • Oakland, $ 2.4 million
  • San Francisco, $ 2 million
  • Los Angeles, $ 2 million
  • Sacramento, $ 1.8 million
  • Long Beach, $ 1.2 million
  • Fresno, $ 1.2 million
  • Humboldt County, $ 1 million
  • Lake County, $ 888,000
  • Palm Springs, $ 869,000
  • Mendocino County, $ 832,000

Eight other local governments received up to $ 75,000 each to help create social equity programs:

  • San Diego County
  • Sonoma County
  • Trinity County
  • Escondido
  • Modesto
  • Richmond
  • San Diego
  • Isleton (received $ 22,000)

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