With his signature, Brown approved the distribution of grants to cities with local cannabis equity programs – such as Los Angeles, Oakland, Sacramento, and San Francisco – that assist persons most harmed by cannabis prohibition and generational poverty enter the cannabis industry.
The grants will be used to offer equity applicants and licensees business loans or grants, licensing fee waivers, technical assistance, and other supportive services. S
B 1294 reflects a nationwide movement to ensure that this growing industry is representative and accessible to all persons, no matter their financial or criminal history background.
For more background on this bill, visit Leg Info.