Shelby Township-based Gage Cannabis Co. is piggybacking on marijuana regulators’ “social equity” program by divvying up $950,000 for cities disproportionately impacted by marijuana prohibition.
The grower and retailer plans to give up to $50,000 each to prospective business owners in 19 cities where the Michigan Marijuana Regulatory Agency is cutting marijuana licensing fees by up to 60 percent. The program targets minority, poorer communities such as Detroit and Flint and college towns whose residents were disproportionately impacted by the drug war.
Those getting reduced fees can also bring their business plans to Gage for additional money, as well as operations training. Gage has “witnessed the devastating impact marijuana prohibition has … Ultimately, our goal is to strengthen the entire cannabis community in Michigan,” said Rosie Riashy, the medical marijuana seller’s marketing and community manager.
To read more, click on https://www.crainsdetroit.com/marijuana/gage-cannabis-grant-nearly-1-million-companies-social-equity-cities?fbclid=IwAR3nKkkLeyHmSZi1GP2Tr0WQjZS58q1Gxd1L4sec4Xlzwl6Y5lG8hgm75lQ