Richmond gets grant to help create equity-based cannabis economy

The City of Richmond has gotten some green in the form of a $75,000 GO-Biz Cannabis Equity Type-I Grant to create an equity-based cannabis economy in Richmond.

“Cannabis prohibition and criminalization has had devastating impacts on generations of Californians,” said Nicole Elliott, senior advisor on cannabis to Governor Newsom.

Once the City has completed the Equity Assessment—which looks to ensure that access and opportunities in the emerging cannabis industry are equitable—and has drafted an Equity Ordinance, it will be permitted to request up to $5,000,000 in a Type II grant to administer an equity program and fund programs, according to the weekly report.

Also in the weekly report, the City outlined its plans to collaborate with SCI Consulting Group—which assisted the Planning Department on previous cannabis ordinances—to analyze data and work with elected officials, existing/potential commercial cannabis business owners and other community stakeholders to complete this project.

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