Massachusetts’ marijuana social equity grant program awards $2.35M in launch
A long-delayed social equity fund intended to prop up small marijuana businesses in Massachusetts has launched.
A long-delayed social equity fund intended to prop up small marijuana businesses in Massachusetts has launched.
Predatory investors hijacked the cannabis social equity program in Arizona, where only three of the original 26 license winners still have a stake in their businesses, according to allegations filed in court and repeated in the state Legislature.
Maryland regulators have awarded 174 adult-use marijuana social equity licenses.
Nine of the 48 marijuana social equity licenses issued by Missouri regulators last fall have been revoked because the applicants were deemed ineligible.
Lawsuits by a white couple from California, Jeffrey and Justyna Jensen, have disrupted social equity programs in multiple cannabis markets.
Republican state Sen. Sonny Borrelli wants Arizona’s marijuana social equity licensees to regain control of their licenses, alleging that they were preyed upon by large operators and investors.
Maryland’s opening application round for adult-use social equity marijuana business licenses got off to a belated but booming start with 1,708 applicants seeking 179 available permits.
Colorado’s Cannabis Business Office (CBO) is launching an educational program designed to support marijuana social equity entrepreneurs in the industry.
A federal court in Washington state has rejected a cannabis entrepreneur’s initial effort to upend the market’s marijuana social equity program.
Missouri regulators could revoke up to 11 of the 48 marijuana social equity licenses issued earlier this fall after discovering the applicants were ineligible.
A Michigan resident who has won marijuana business licenses through litigation has now filed a lawsuit against Washington state regulators.
Cannabis industry financial services firm Safe Harbor Financial says it and its partners have provided a $1.17 million loan to a forthcoming Connecticut marijuana retailer operating under the Higher Collective brand.