Total Grant Disbursement Amount: $8.1 million

Grant Program 1: Community Reinvestment Fund

• Community Reinvestment Fund is $3,000,000
• All funding to be issued in Round 1 (by June 15, 2024)
• Funding will be split Equally amongst LCB-approved Social Equity ​Applicants (SEA) who are ALSO certified by the Community ​Reinvestment Fund as “By and For” Organizations
  
• Anticipated award amounts under this Grant are $65,000 to $75,000+
  

Grant Program 2: WA State Designated Cannabis Fund

WA State Designated Cannabis Fund ($5,100,000)

• Round 1: WA State Designated Cannabis Fund ($2,527,500)
  
• Split Equally to 45 Social Equity Applicants (SEA) - approx. $56,000
  
• Designation as “By and For” Applicant is not required
  
• Funding disbursement by June 15, 2024

• Round 2: WA State Designated Cannabis Fund ($2,572,500)
• Split Equally to Social Equity Applicants (SEA) - approx. $57,000
  
• Designation as “By and For” Applicant is not required
• Funding disbursement will occur after Round 1 Quarterly & Closeout ​Reports have been completed

Round 1 Closed on April 30, 2024

Basic Info

• Total fund amount: $5,527,500, includes:
• Community Reinvestment Fund ($3,000,000)
• WA State Designated Cannabis Fund ($2,527,500)
  
• Application opened: April 1, 2024
  
• Application closes: April 30, 2024
  
• Award notices: May 31, 2024
  
• Anticipated distribution: June 15, 2024
  

Eligibility Criteria

• All grant recipients must be WA Liquor and Cannabis Board (LCB)-​approved Social Equity Applicant (SEA) licensees or Title Certificate ​Holders who are opening retail stores
  
• License must be issued after April 1, 2023, and before July 1, 2024
  
• Entity status with WA Secretary of State must be “Active”
  

Round 2 Closed August 31, 2024

Basic Info

• Total fund amount: $2,572,500
  
• Application opened: August 1, 2024
  
• Application closed: August 31, 2024
  
• Award notices anticipated: September 30, 2024
  
• Anticipated distribution: This disbursement will occur after Round 1 ​Quarterly & Closeout Reports have been completed
  

Eligibility Criteria

• All grant recipients must be Cannabis Social Equity Applicant (SEA) ​licensees or Title Certificate Holders who are opening retail locations
  
• License must be issued after April 1, 2023, and before July 1, 2024
  
• Entity status with WA Secretary of State must be “Active”
  
• Additional criteria TBD