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Article: LA’s legal cannabis owners say multi-million dollar program to give them a hand up, instead left ‘complete debt and devastation’ | Cannabis Law Report | Where to order Skittles Moonrock online

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LAist

The city may need to return up to $10 million in grants meant for cannabis businesses after a state audit found those funds may not have been spent as intended.

There’s no question people in L.A. County consume a lot of pot — nearly a million pounds of cannabis each year according to official reports. While the demand is clearly there, legal cannabis businesses in the city of Los Angeles say they are struggling just to stay open.

Cannabis business owners told LAist they struggle to pay high taxes and fees while they watch illegal operations go unchecked. They say when they’ve tried to talk to city officials, they’ve been stonewalled and shut out.

Some licensed cannabis business owners have had to close. Others say they are months — if not weeks — from having to shut their doors, leading to lawsuits and a rowdy, confetti-filled confrontation at a public meeting.

Many of these business owners are part of L.A.’s Social Equity Program, which was supposed to provide a boost to Black and Brown communities disproportionately targeted by previous criminalization of pot. Instead of a leg up, the business owners told LAist the program has led to a cycle of stress, debts and broken promises.

They’re not the only ones with debts to pay.

One state audit found that grant funds meant to help cannabis businesses may not have been spent as intended. The L.A. Department of Cannabis Regulation (DCR) estimated the city may need to return up to $10 million they received from that grant to the state.

Read more

https://laist.com/news/legal-cannabis-business-city-los-angeles-social-equity-department-of-cannabis-regulation?utm_source=policy-decoded.beehiiv.com&utm_medium=dailybrief&utm_campaign=policy-decoded

https://cannabis.lacity.gov/social-equity/about-program/about-program

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