A social equity applicant in the United States cannabis industry is an individual or entity that meets specific criteria related to ownership, control, and residency, with the goal of promoting economic empowerment and representation for communities historically impacted by cannabis prohibition.
Social equity grants minoritized groups with equitable access to the resources that they need to achieve an equal outcome to more advantaged groups.
Social equity is the fair, just and equitable management of all institutions serving the public directly or by contract, and the fair and equitable distribution of public services, and implementation of public policy, and the commitment to promote fairness, justice, and equity in the formation of public policy.
(i) “Social Equity Individual Applicant” means an individual who meets two of the following three criteria: (1) Low-Income; (2) a prior California Cannabis Arrest or Conviction; (3) ten years' cumulative residency in a Disproportionately Impacted Area.
(i) “Social Equity Individual Applicant” means an individual who meets two of the following three criteria: (1) Low-Income; (2) a prior California Cannabis Arrest or Conviction; (3) ten years' cumulative residency in a Disproportionately Impacted Area.
A person who meets the eligibility criteria for a Social Equity Licensee can participate in the Division's “Accelerator Program” or may apply to independently own and operate a Regulated Marijuana Business license.
There are 29 Top Private Equity Firms in Los Angeles listed on Axial's lower middle market Directory. This Directory is populated with data from Axial's digital deal marketing and deal sourcing platform. You can access more profiles of Top Private Equity Firms in Los Angeles like these, by becoming a member of Axial.
The Digital Equity Initiative is a multi-year project of the California Community Foundation (CCF) that will seed a digital equity movement in Los Angeles County with the power and capacity to successfully advocate for fast, reliable, and affordable broadband for all Angelenos.
Business and professional management services, health services and research, and finance are important, as are trade and tourism. The bulk of the workforce is now employed in services such as retail, restaurants and hotels, government agencies, and schools and colleges.