NJ Spotlight News

EDA program to offer equity grants for cannabis startups

Clip: 12/28/2022 | 4m 4s

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Cannabis industry advocates are applauding the state's efforts to make sure everyone entering the new market has a fair shot. The New Jersey Economic Development Authority is launching a pilot program to help alleviate some of the costs that startups face. Under the cannabis equity grant program, up to $10 million in funding will be made available, with 60% dedicated to social equity applicants.

Aired: 12/28/22 | Rating: NR

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