California Cannabis Regulator Offers $100M To Aid Development Of Local Cannabis Businesses
California’s cannabis department has awarded nearly $100 million in funding to support local marijuana markets through the Local Jurisdiction Assistance Grant Program. Seventeen cities and counties with a disproportionate number of provisional marijuana licenses, rather than full-year licenses, were awarded grant funding in amounts ranging from $400,000 to $22,000,000, according to a recent announcement from the Department of Cannabis Control. California officially opened applications for the program In October. Created to facilitate the transition of…