Promising practices adopted by local jurisdictions
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Practices that support business ownership by equity entrepreneurs.
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Practices that support business ownership by equity entrepreneurs.
The City of Los Angeles enshrines equitable profit distribution and voting rights into their Municipal Code and all equity businesses are reviewed for their compliance with these “Equity Share Requirements.” Violations of the Equity Share Requirements in agreements between equity owners and equity investors may result in suspension of the local license.
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Promising practices adopted by local jurisdictions<
If you are an equity entrepreneur not doing business in the City of Los Angeles, or the City and County of San Francisco, you may wish to consider whether these programs offer a potential model for your business to follow. You can also contact your local jurisdiction to identify what promising practices exist in the local cannabis program. If you are doing business in one of these local jurisdictions, make sure you comply with all applicable laws.
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Promising practices for local equity grant programs
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Promising practices for local equity grant programs
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Through discussions with equity licensees, we are uncovering the most effective and innovative equity policies from jurisdictions throughout the state. This list of promising practices will help local jurisdictions develop equity resources that fit the needs of their local cannabis businesses.
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Through discussions with equity licensees, we are uncovering the most effective and innovative equity policies from jurisdictions throughout the state. This list of promising practices will help local jurisdictions develop equity resources that fit the needs of their local cannabis businesses.
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These promising practices also serve business owners looking for equity programs and can be used by regulators looking for ideas on how to achieve equity goals. We’re happy to share these stories as we work together to continue supporting local efforts.
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These promising practices also serve business owners looking for equity programs and can be used by regulators looking for ideas on how to achieve equity goals. We’re happy to share these stories as we work together to continue supporting local efforts.
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Technical Assistance programs
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Carrie Broadus, of Pot Luck Enterprises, LLC., took advantage of Los Angeles’ technical assistance program to learn how to navigate the local permitting process and form a locally verified equity business.
Maisha Bahati is the CEO of Crystal Nugs, the first Black and woman owned non-storefront delivery business in Sacramento. She was one of the first equity applicants in Sacramento’s Cannabis Opportunity Reinvestment and Equity (CORE) Program and is in the process of expanding her business with a retail storefront.
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Reese Banton, of Posh Green Cannabis Boutique, worked with the City of San Francisco Office of Cannabis’ equity program to obtain a license and open her boutique.
Reese Benton, owner of Posh Green Cannabis Boutique, worked with the City of San Francisco Office of Cannabis’ equity program to obtain a license and open her boutique. As an advocate for cannabis equity, Benton has turned Posh Green Cannabis Boutique into a hub for knowledge and products from other equity businesses.
Carrie Broadus, owner of Pot Luck Enterprises, took advantage of Los Angeles’ technical assistance program to learn how to navigate the local permitting process and form a locally verified equity business. Broadus now uses the knowledge gained from the technical assistance program to advocate for cannabis equity in her community.
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Maisha Bahati, of Chrystal Nugs, was one of the first equity applicants in Sacramento’s Cannabis Opportunity Reinvestment and Equity (CORE) Program.
Your voice matters in advancing equity for communities harmed by cannabis criminalization. The DCC supports local communities by highlighting and lifting practices that are making a real difference. We’re reaching out to business owners affected by the War on Drugs to learn directly about the policies that have helped licensees like you start or grow…
Listen to equity entrepreneurs from throughout the state discuss the benefits of California’s equity programs, what’s worked well at the state and local levels, and their hopes and dreams for the legal cannabis market. Cannabis Conversations – Discussions with Oakland Equity Retail Operators Related resources
Explore local equity grant programs and promising practices for local jurisdictions in California. Learn about DCC equity relief initiatives and California’s equity tax credit programs designed to support equitable growth and community development. Local equity promising practices California supports cannabis equity through efforts at both the state and local levels. You may qualify for equity…
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