California cannabis equity program funding applications open

DENVER (AP) — California regulators have reopened funding applications for marijuana social equity programs after unspecified delays.

The Marijuana Business Daily in Denver reported Wednesday that the California Bureau of Cannabis Control is expected to award state funds in June 2020 after original plans to award money this year.

Regulators say California cities and counties must apply by Aug. 30 to receive a portion of the $10 million in Legislature-established funds.

Officials say California regions that have adopted social equity regulations could receive at least $100,000 if approved, unless a smaller amount was requested.

Regulators say state funds may be split among Coachella, Humboldt County, Long Beach, Los Angeles, Oakland, Rio Dell, Sacramento and San Francisco.

Officials say social equity programs can repair some of the negative effects of the war on drugs.

___

Information from: Marijuana Business Daily, http://www.mjbizdaily.com

Categories: California News