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State and Local Government Social Equity Programs Investment Funds

Husch Blackwell LLP

OCM Guidance Regarding Ownership Transfers Provides Pathway for Funding Social Equity Licensees

Husch Blackwell LLP on

The Minnesota Office of Cannabis Management (“OCM”) conducted its license lottery for social equity applicants on June 5, 2025. Lottery winners received preliminary approval and must secure a business location and, in many...more

Foley Hoag LLP - Cannabis and the Law

New York State Cannabis Social Equity Investment Fund Secures $150M in Debt to Provide Loans to CAURDs

Last week, New York Governor Kathy Hochul unveiled a noteworthy development regarding the New York State Cannabis Social Equity Investment Fund (the “Fund”), as it secured a substantial investment of $150 million from Chicago...more

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