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Find similar grantsConditional Adult-Use Retail Dispensary (CAURD) Grant Program is sponsored by New York State Office of Cannabis Management (OCM) and Empire State Development. This opportunity supports mission-aligned projects and measurable outcomes.
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SESC and the Conditional Adult-Use Retail Cannabis Dispensary Program | DASNY SESC and the Conditional Adult-Use Retail Cannabis Dispensary Program Supporting New York's Cannabis Industry DASNY works with the New York Cannabis Social Equity Investment Fund and the Office of Cannabis Management to build New York's cannabis industry on a foundation of social equity.
Supporting New York’s Cannabis Social Equity Entrepreneurs New York’s Cannabis Social Equity Investment Fund helps individuals impacted by the disproportionate enforcement of cannabis prohibition lease and equip suitable real estate for retail adult-use cannabis dispensaries.
The Cannabis Social Equity Investment Fund This up to $200 million Public-Private Fund, proposed by Governor Hochul and adopted by the Legislature, provides much needed support for justice-involved individuals who have received a Conditional Adult-Use Retail Dispensary (CAURD) license from the State Office of Cannabis Management.
The Fund was seeded with $50 million in State funds, to be repaid from tax revenue generated by cannabis sales, and up to $150 million in private investment. It is the first of its kind in the nation. Participating CAURD licensees receive a premium turn-key cannabis dispensary in an optimum retail location, with the licensee repaying the Fund’s investment over time.
This approach provides participating CAURD licensees with the best possible opportunity to succeed, overcome the unjust treatment of the past, and create generational wealth.
The Social Equity Servicing Corporation (SESC), a DASNY subsidiary works with the Fund to identify, acquire, design, construct, and outfit locations for cannabis dispensaries to be operated by individuals who have received a Conditional Adult-Use Retail Dispensary (CAURD) license issued by the Office of Cannabis Management.
Meet our Social Equity Entrepreneurs Information for CAURD Licensees (New: Cannabis Social Equity Investment Fund Search Tool) Frequently Asked Questions: CAURD Social Equity Investment Fund Program NY Cannabis Social Equity Investment Fund Program Report as of December 30, 2023 Click here for the New York State Office of Cannabis Management Public Policy Committee - Public Notice of Meetings and Webcast Social Equity Servicing Corporation (SESC) Meeting Info New York State Life Sciences Public Health Laboratory Wadsworth Center, New York State Department of Health Notices of Public Hearings Notices of Public Hearings NYS Freedom of Information Law (FOIL) Find out how DASNY can assist your institution, or the institution you represent, with financing, design and/or construction services.
According to the current listing, eligibility includes: All New York State-based businesses that hold an active, final CAURD license issued by the New York State Office of Cannabis Management (OCM) are eligible. Confirm the full requirements in the official notice before applying.
The current listing shows up to $30,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Conditional Adult-Use Retail Dispensary (CAURD) Grant Program is funded by New York State Office of Cannabis Management (OCM) and Empire State Development. Verify program details on the funder's official page before applying.
This opportunity targets applicants in New York. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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