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Social Equity Cannabis Loan Program
Purpose
Subject to appropriations from the Cannabis Business Development Fund (CBDF), DCEO established the Social Equity Loan Program for the purposes of providing financial assistance to social equity applicants. Through this loan program, DCEO is able to offer low-interest loans to qualified social equity applicants applying for available licenses.
How to apply for a loan?
The Application for the Social Equity Cannabis Loan Program is currently closed. Future application deadlines will be added to this page when funding becomes available.
When a social equity applicant has been awarded a conditional license under the Cannabis Regulation & Tax Act (CRTA) to operate a cannabis business establishment, they are considered a “qualified social equity applicant.” Only qualified social equity applicants are eligible for social equity loans and grants from appropriations from the Cannabis Business Development Fund.
View the chart of eligible Cannabis Business Development Fund expenses.