California Increasing Incentives to Get Municipalities On Board with Cannabis Licensing

September 11, 2023 · Ganjapreneur

The California Department of Cannabis Control (DCC) is increasing eligibility for its Local Jurisdiction Retail Access Grant (LJRAG) along with the award amounts for municipalities that are given grants under the program. 

The LJRAG program is part of the state’s efforts to expand legal cannabis access in jurisdictions where adult-use cannabis operations do not currently exist. The Phase II funding is tied to the local jurisdiction’s issuance of local permits or licenses authorizing cannabis retail. Under the revised Phase II guidelines, eligible local jurisdictions may apply for funding regardless of whether they participated in Phase I. The DCC said the new guidelines will allow more than 300 cities and counties to pursue funding in Phase II. 

The state will award $15 million in grants under the Phase II program. Phase I awarded $4.1 million in grants to 18 cities and counties throughout the state.  

In a statement, DCC Director Nicole Elliott said “There are still many locations throughout the state where cannabis usage is notable, but existing consumers do not have convenient access to legal retail cannabis.” 

Phase II eligible applicants include jurisdictions that prior to July 1, 2022, did not have a cannabis retail licensing program in existence; have a plan to develop and implement a cannabis retail licensing program; and have issued one or more cannabis retail licenses to cannabis businesses within the jurisdiction of the city or county pursuant to that program. 

The Phase II funding amounts for the issuance of a retailer license and equity retailer license have been doubled. Jurisdictions may now receive $150,000 per eligible retailer license and $300,000 per eligible equity retailer license issued. The previous amounts were $75,000 and $150,000, respectively.  (Full Story)

In category:Legalization
Next Post

RFK Jr. Reaffirms That Legalizing Marijuana And Using Revenue To Fund Treatment Centers Would Be ‘Part Of My Presidency’

Robert F. Kennedy Jr., a 2024 presidential candidate, is again calling for federally legalizing marijuana, opening up banking services for the industry and using cannabis tax revenue to fund drug treatment and rehabilitation centers. During an appearance on C-SPAN’s Washington Journal…
Previous Post

Anti-Pot Group Drops a Dime on Legalization Agreement - SAM Rats Out Wells Fargo's Marijuana Tax Contract with Maryland

A group opposed to the legalization of marijuana is targeting a financial agreement between Wells Fargo and the state of Maryland. This arrangement enables state officials to collect and manage tax revenue from cannabis businesses operating legally within the state. The advocacy…
Random Post

Senate Vote on SAFE Banking Act Likely Delayed Until Fall

A bill to give cannabis operators access to common banking services will not see a vote in the US Senate this summer, according to media reports, despite the hopes of Democratic leaders and businesses in the regulated marijuana industry. Don…
Random Post

Cannabis MSOs set to enter NY adult-use market after policy change

New legislation and major policy shifts have been proposed to stabilize the shaky rollout of New York’s adult-use marijuana program, including allowing some of the nation’s largest multistate operators (MSOs) to enter the expanded market by year’s end. Regulators at…
Random Post

Tilt Holdings marijuana vape subsidiary Jupiter Research refinances debt

Jupiter Research, a marijuana vape cartridge subsidiary of Phoenix-based Tilt Holdings, refinanced and extended its revolving credit facility. The amount of credit available to Jupiter increased from $10 million to $12.5 million, according to a Tuesday news release. The debt now…
Random Post

Top Alabama Medical Marijuana Regulator Resigns Amid Lawsuits And Licensing Controversy

Dr. Steven Stokes, the chair of the Alabama Medical Cannabis Commission (AMCC), resigned from the commission Thursday morning. Stokes, an oncologist who had served as chair since 2021, said in an interview Thursday afternoon that he resigned to prevent the…