Subject: Social Equity Opportunity! - Do you qualify?


Do you qualify for the Social Equity Program? Or know anybody who does? 

What is the Social Equity program?

A program aimed to assist people who were unreasonably impacted by the war on drugs in the Los Angeles area. 

The DCR is assisting and promoting equitable ownership and employment opportunities in the cannabis industry in order to decrease disparities in life outcomes for marginalized communities and to address the disproportionate impacts of the war on drugs in those communities

We at 420 College are at the forefront of this program.  We have secured 5 locations in Los Angeles area and are looking for folks that will qualify under this program to be part owners of our dispensaries.

See if you qualify?









Qualifications

Tier 1:
Low Income (earnings of less than $41,230 annually) and either have (a) cannabis conviction prior to November 8, 2016 that could have been prosecuted as a misdemeanor or citation under current law OR (b) 5 years cumulative residency in a qualifying zip code: 90057, 90037, 90062, 90003, 90061, 90059, 90061, 90001, 90011, 90008, 90016, 90013, 90059, 90002, 90014, 90021, 90044, 90043, 90037, 90058, 90008, 90027, 90033.


Benefits

Tier 1: 
1. business, licensing and compliance assistance; 2. expedited renewal processing; 3. program site specific conditions; 4. the potential for fee deferrals if the City Council adopts a fee deferral program; and 5. access to an Industry Investment Fund if established.  Qualified applicants will receive 51% equity in 1 of our dispensaries.


Requirements

Tier 1 and 2:
a good faith effort to employ 50% of the weekly hourly workforce from the residents living within a 3 mile radius of the cannabis business premises, with 20% Social Equity Workers (same requirements as Tier 1 SEP applicants) and 10% Transitional Workers.

This is a terrific opportunity for anyone who has been looking to get in the cannabis industry but could not.  Well, now there's is a way.

Still not sure? You want more details?
Let us help you!

Give us a call and we will gladly assist you.

855-420-8255


420 College, PO Box 16389, Fresno, CA 93755, United States
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