“With the Cannabis Social Equity Trust Fund, we are rewriting this narrative and providing a secure path for aspiring social equity cannabis entrepreneurs to succeed.”
Some $50,000 grantees have been contacted by the state, formal announcement coming soon
Grant and loan program for communities harmed by war on drugs has been mired by delays since creation, including supplemental budget debate, but now compromise could move Cannabis Social Equity Trust Fund forward
Group requests a “one-time emergency transfer of $50 million to the Cannabis Social Equity Trust Fund … to compensate for the persistent delays in distributing these funds.”
Will be first meeting since members learned initial trust fund balance will be much less than expected
There’s still not a dollar in the state’s Cannabis Social Equity Trust Fund, and there’s not as much coming as predicted
