NJEDA announces $12M funding to 48 cannabis equity grant …

Oct 4, 2023 · Forty-eight cannabis businesses have been awarded a total of $12 million in grant funding as part of Phase II of the Cannabis Equity Grant Program to enable entrepreneurs, …

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NJEDA Announces $12M Funding To 48 Cannabis Equity Grant …

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Oct 4, 2023 · Forty-eight cannabis businesses have been awarded a total of $12 million in grant funding as part of Phase II of the Cannabis Equity Grant Program to enable entrepreneurs, …

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NJEDA Announces $12 Million Funding To 48 Cannabis Equity …

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Oct 5, 2023 · NJEDA Announces $12 Million Funding to 48 Cannabis Equity Grant Awardees 10/4/2023 Second Phase of Cannabis Program Announced with Additional Funding; Increase …

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$12M In Cannabis Equity Grant Funding To 48 Awardees

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Oct 5, 2023 · “The announcement of the 48 Joint Ventures Grant awardees, along with millions more in funding, marks an important milestone for our pioneering Cannabis Equity Grant …

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New Jersey Cannabis Businesses Receive $12m Funding

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Oct 6, 2023 · The second phase of New Jersey’s Cannabis Equity Grant Programme has seen 48 cannabis businesses receive $12 million in grant funding. The grants have been made …

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New Jersey Boosts Cannabis Equity With $12M Grant To 48 …

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Oct 5, 2023 · The forthcoming Phase II, Seed Equity Grant, will also leverage the increased funding. This phase is dedicated entirely to the communities hardest hit by the War on Drugs. …

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New Jersey Awards $12 Million In Grants To 48 Marijuana …

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Oct 5, 2023 · “The Cannabis Equity Grant Program allows us to simultaneously expand the pool of cannabis businesses in our state while also focusing on those communities most impacted …

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NJEDA Announces $12M Funding To 48 Cannabis Equity Grant …

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This funding initiative is designed to eliminate longstanding barriers to entry and provides the startups with a $250,000 grant, the largest cannabis social equity grant of its kind in the nation.

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New Jersey Awards $12 Million In Grants To Marijuana Businesses

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Oct 5, 2023 · The New Jersey Economic Development Authority (NJEDA) awarded $12 million in grants to 48 marijuana businesses under the state’s new Cannabis Equity Grant Program. …

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US (NJ): $12 Million Funding To 48 Cannabis Companies

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Oct 6, 2023 · “Today’s announcement of the 48 Joint Ventures Grant awardees, along with millions more in funding, marks an important milestone for our pioneering Cannabis Equity …

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NJ Marijuana Businesses Get $12M In ‘Equity’ Funding From State

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Oct 4, 2023 · Our CEO Tim Sullivan announced additional funding for the Cannabis Equity Grant Program, doubling the number of Joint Ventures grantees from 24 to 48 for $12 million in …

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New Jersey’s $12 Million Funding To 48 Cannabis Businesses

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Oct 19, 2023 · Phase II is designated 100% to social equity applicants and was designed to ensure the communities most adversely impacted by the War on Drugs have equitable access …

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NJEDA Unveils Historic $12 Million Equity Grants - Black Cannabis …

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Oct 4, 2023 · New Jersey Makes Historic Strides in Cannabis Equity with $250K Grants A Pioneering Effort. In March 2023, we first reported on the New Jersey Economic Development …

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Cannabis Joint Equity Grant Program - NJEDA

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The Cannabis Equity Grant Program is aimed at assisting start-ups by providing businesses with grant funding for early-stage start-up expenses and operational costs. There is up to $20 …

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CanGrow Grant / Office Of Cannabis Management - Minnesota's …

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Grant awards for technical assistance in the first round of funding are expected to range from $10,000 to $50,000 per project. Grant awards for loan financing are expected to range from …

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FAQs about NJEDA announces $12M funding to 48 cannabis equity grant … Coupon?

What is the NJEDA cannabis equity grant program?

“The NJEDA has brought the Cannabis Equity Grant Program to fruition and, in so doing, has helped to set the New Jersey cannabis market as an example for the rest of the country,” Dianna Houenou, NJCRC chair, said. “We look forward to more grant funding for cannabis entrepreneurs that represent our local and diverse community. ...

Is the cannabis equity – joint ventures Grant still available?

Based on significant interest in the Cannabis Equity – Joint Ventures Grant, the NJEDA has already received applications that are significantly in excess of the amount of funding available under this program at this time. As a result, the application for the Cannabis Equity – Joint Ventures Grant is now closed. ...

What is the cannabis equity grant program?

The first phase of the Cannabis Equity Grant Program, known as the Joint Ventures Grant, launched earlier this year with a primary objective of assisting recreational cannabis startups with the capital to manage financial burdens and challenges when transitioning from a conditional license to an annual license. ...

How much money is being given to cannabis businesses in New Jersey?

Forty-eight cannabis businesses have been awarded a total of $12 million in grant funding as part of Phase II of the Cannabis Equity Grant Program to enable entrepreneurs, particularly those from communities historically harmed by the War on Drugs, to start and expand their cannabis businesses in New Jersey. ...

Does NJEDA offer financial assistance for cannabis businesses?

NJEDA is currently developing financial assistance products to support cannabis and cannabis-related businesses – more information will be shared on the NJEDA website, when available. The Cannabis Equity Grant Program is a $20 million pilot program that is open to conditional and annual New Jersey recreational cannabis license holders. ...

What is a cannabis social equity grant?

This funding initiative is designed to eliminate long-standing barriers to entry and provides the startups with a $250,000 grant, the largest cannabis social equity grant of its kind in the nation. ...