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Cannabis equity businesses and Equitable Opportunities Now team up to oppose license cap changes & address industry challenges

“The Commonwealth’s license cap is vital to protecting a competitive market and our legally mandated mission to foster equitable participation in this new market,” said EON Policy Co-Chair and MCEC founding member Armani White, who owns provisionally licensed Firehouse. “With lobbyists and lawyers for large multistate operators working with a handful of business leaders to undermine small business protections, it’s vital for cannabis equity businesses to have a voice in the policymaking process.”

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Cannabis Social Equity Fund Policy State Legislation What's Happening

Passage of FY23 closeout supplemental budget advances Cannabis Social Equity Fund

Yesterday, the Legislature passed, and Gov. Maura Healey signed, the closeout FY23 supplemental budget that will unlock millions of dollars in grants and loans to cannabis equity businesses. This is an important step toward creating economic opportunity for communities harmed by the war on drugs, as envisioned by voters when they passed Question 4.

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Cannabis equity advocates celebrate progress for grant & loan program in FY23 supplemental budget

“The law passed by the Legislature and signed by Gov. Maura Healey today will unlock millions of dollars in grants and loans to cannabis equity businesses. This is an important step toward creating economic opportunity for communities harmed by the war on drugs, as envisioned by voters when they passed Question 4.

“We appreciate all the work that Gov. Healey’s Administration has done in preparation for the launch of the Cannabis Social Equity Trust Fund and hope they will work quickly to roll out a simple, transparent, user-friendly application process as soon as possible.”

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Guest Opinion: Black And Brown Cannabis Entrepreneurs Can’t Afford To Keep Waiting | Talking Joints Memo

The investments and policy decisions we make now will have a lasting impact on whether we create a truly equitable industry.