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Richmond gets grant to help create equity-based cannabis economy

By Kathy Chouteau The City of Richmond has gotten some green in the form of a $75,000 GO-Biz Cannabis Equity Type-I Grant to create an equity-based cannabis economy in Richmond. With the funding, the City will conduct an Equity Assessment and draft a new Cannabis Equity Ordinance, according to the Richmond City Manager’s Office, Economic Development, in City Manager Laura Snideman’s weekly report. The funding from the Governor’s Office of Business and Economic Development (GO-Biz), in partnership with the Bureau of Cannabis Control, aims to advance economic justice for populations and communities disproportionately affected by cannabis prohibition by providing funding to local jurisdictions that are committed to promoting equity in the legal cannabis marketplace and eliminating barriers to entering the regulated cannabis industry, per GO-Biz.

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