Draft Grant Solicitation & Comment Period
On December 18, 2019, GO-Biz released for public review and comment the Draft Grant Solicitation for the Cannabis Equity Grants Program for Local Jurisdictions.
The Draft Grant Solicitation can be viewed at http://bit.ly/2sGe21D.
GO-Biz welcomes feedback and questions on the Draft Grant Solicitation. Stakeholders may submit feedback by emailing CEG@gobiz.ca.gov or calling (916) 322-2683 to speak with a Community and Local Equity Grants Unit staff member. Feedback must be submitted no later than 5:00 pm on January 10, 2020.
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.”
In accordance with the California Cannabis Equity Act as amended by AB 97 (Stats. 2019, Ch. 40), the California Bureau of Cannabis Control entered into an interagency agreement with GO-Biz for fiscal year 2019-2020 to administer 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 entry into the regulated cannabis 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.
For questions or technical assistance about the Cannabis Equity Grants program for Local Jurisdictions, email us at CEG@gobiz.ca.gov or call (916) 322-2683.
If you would like to receive periodic updates about the implementation and administration of the Cannabis Equity Grants Program for Local Jurisdictions, please subscribe to the program’s email distribution list by selecting the "Subscribe" button below.