ISLETON'S CANNABIS LOCAL EQUITY PROGRAM

The Governor's Office of Business and Economic Development (GO-Biz)

GO-Biz serves as the State of California's leader for job growth, economic development, and business assistance efforts.  On November 8, 2016, California voters approved Proposition 64, the Control, Regulate, and Tax Adult Use of Marijuana Act (AUMA).   In its statement of purpose  and intent, AUMA calls for regulating cannabis in a way that “reduces barriers to entry into the legal, regulated market.”  For more information go to https://business.ca.gov/cannabis-equity-grants-program-for-local-jurisdictions/#

Isleton's Local Equity Assessment

In 2021 the City was awarded Funding Request Type 1:  Assistance for Cannabis Equity Program Applicants and Licenses.   In 2022 the City contracted with Cal Poly Humboldt's California Center for Rural Policy to perform a comprehensive analysis of the impact of cannabis criminalization and poverty in the City of Isleton.  This analysis, know as the City of Isleton Cannabis Equity Assessment established certain persons in the City have been substantially and adversely affected by poverty and the re-criminalization of cannabis.  The purpose of the assessment is to describe program participation qualifications for the City of Isleton's Local Equity Program (LEP).

Isleton's Cannabis Local Equity Program

On November 9, 2022 the City Council of the City of Isleton adopted Isleton's Local Equity Program and is now in implemented.  This program will provide significant assistance to communities impacted by cannabis criminalization and the war on drugs, especially those that are struggling to transition to the regulated market.  The City is accepting applications for individual's not business entities are the only ones eligible to apply for the LEP.  Applications are required to have at least 51% ownership of their business.   Applications are being accepted until May 1, 2023.