Posts from January 2023.
NJEDA Announces New Cannabis Grant Program
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New businesses in the cannabis industry may be eligible for state funding for their start-up expenses.

The New Jersey Economic Development Authority (NJEDA) Board recently announced the creation of the Cannabis Equity Grant Program. The initial pilot program will provide $10 million to help start-ups in New Jersey with startup expenses and technical training.

Sixty percent of funds will be reserved for qualifying social equity applicants, such as individuals who have previous cannabis convictions or live in economically disadvantaged areas, defined as zip codes that meet ...

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