Social Equity in Cannabis

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June 25, 2024

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Social Equity in Cannabis

Join us for an information session on the verification process for prospective potential social equity applicants interested in entering Minnesota’s cannabis industry this summer.

Recent updates to the state’s cannabis laws have introduced a licensing preapproval and vetted lottery process specifically designed for qualified social equity applicants.

As of June 24, applicants can initiate the verification process to confirm their eligibility for social equity status. This phase closes on July 10. Verified social equity applicants can then proceed to apply for license preapproval starting July 24 until August 12, as mandated by law. Submitted applications will undergo thorough review and vetting, with qualified applicants entered into a lottery scheduled for this fall.

Interested parties can find a detailed, step-by-step guide through the verification process on Minnesota Office of Cannabis Management (OCM)’s website. Additional resources and technical assistance will also be accessible online.

All verification and preapproval processes will be conducted through OCM’s website. For more information and to stay updated, please visit OCM’s website. Detailed eligibility requirements for social equity can be reviewed at Social Equity Qualifications.

We look forward to helping community members navigate this exciting opportunity to participate in Minnesota’s emerging cannabis market.

Information Session:

Date: July 2, 2024

Time: 5:30 PM

Where: Virtual

$3.1 Million in Racial and Economic Justice Grants Awarded

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May 15, 2024

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$3.1 Million in Racial and Economic Justice Grants Awarded

In a significant step towards fostering racial and economic equity, The Minneapolis Foundation has announced the recipients of its Racial and Economic Justice Grants naming MCCD as a recipient. 

The funding supports organizations and projects that:

  • Advance structural and systems change through policy advocacy, organizing, and movement building.
  • Invest in economic systems and practices that build wealth and stabilize communities.
  • Advance narrative strategies focused on racial and economic justice.
“For too long, traditional economic development practices have inflicted economic, social, and political harm on BIPOC and low-wealth communities. At MCCD, we see shared ownership as an approach that repairs this harm and builds community wealth.” – Elena Gaarder, CEO of MCCD

With the support of The Minneapolis Foundation and racial and economic justice at the core of our work we will continue to advance policy, create access to capital, and provide technical assistance to expand worker owned cooperative development.