California's Bureau of Cannabis Control gives $500k to Coachella, other cities for cannabis equity
California’s Bureau of Cannabis Control has just announced a series of cannabis equity grants, awarding some significant funds to cities, mostly in Southern California, to help people and communities that have been negatively impacted by the federal prohibition of cannabis. The payouts range from $1.8 million for Los Angeles and $1.6 million for Oakland, down to $500k for Coachella, California, and just $100k for Palm Springs, and the money is meant to be used to “provide assistance and services to local equity applicants and licensees.” Ideally, for example, someone from a community that has been affected by the War on Drugs, could get a leg up in putting together a cannabis license application, or for starting up a cannabis-related business inside the jurisdiction.
You wouldn’t necessarily think of Coachella or Palm Springs as real hotspots in the War on Drugs, but there are probably some growers and sellers in both places that could use some extra help. And if nothing else, this money will probably be a big boost for cannabis businesses in those areas, which we’re in favor of for sure.
Coachella mayor Steven Hernandez promises the money will be used to help “small business applicants from communities with high levels of poverty or a history of drug arrests.” It is great to see California re-invest in the cannabis industry like this, both helping to grow the industry even more, and helping to make sure that the current industry helps to undo some of the problems that prohibition of cannabis has caused in the past.