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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.”