Colorado Gov. Announces 16 Recipients of Cannabis Business Grant

Colorado Gov. Announces 16 Recipients of Cannabis Business Grant
High Times

Colorado Gov. Jared Polis last week announced the first businesses to receive funding through the state’s Cannabis Business Pilot Grant. A total of 16 aspiring cannabis retailers received the grants through a program that seeks “to save small businesses money, foster equity and diversity in the cannabis industry, and create good-paying jobs for Coloradans.” “Our nation-leading work promoting equity and supporting innovation in Colorado’s thriving cannabis industry supports our economy, saves small businesses money, and ensures our state remains the best business-friendly destination in the country,” Polis, a Democrat, said in a statement on Thursday. “I’m proud to see this multi-year effort result in transformative grants to deserving applicants.” The pilot grant program is part of a concerted effort to ensure that the state-regulated cannabis market benefits individuals from communities that have been disproportionately affected by the War on Drugs. In addition to facilitating economic opportunities through its new marijuana law, Colorado, like other states, have also offered a pathway for previous pot-related offenders to clean their record. In January, Polis rang in the new year with an executive order that granted pardons to more than 1,300 individuals who had been convicted of possession of two ounces or less of cannabis. The executive order was a byproduct of a bill signed into law by Polis that “authorized the Governor to grant pardons to a class of defendants who were convicted of the possession of up to two ounces of marijuana,” according to Polis’s office. “Adults can legally possess marijuana in Colorado, just as they can beer or wine. It’s unfair that 1,351 additional Coloradans had permanent blemishes on their record that interfered with employment, credit, and gun ownership, but today we have fixed that by pardoning their possession of small amounts of marijuana that occurred during the failed prohibition era,”…

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Source : Colorado Gov. Announces 16 Recipients of Cannabis Business Grant

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