The Delaware Office of the Marijuana Commissioner announced the Social Equity Financial Assistance (SEFA) Grant Program is underway.
This initiative provides direct financial support to eligible social equity licensees.
Currently personal use marijuana sales are limited to medical marijuana stores that have been licensed for recreational use sales,
The SEFA Grant Program is designed to reduce barriers to entry that have limited opportunities for individuals and communities disproportionately impacted by prior marijuana laws that were part of the "war on drugs.
Through milestone-based grant funding, approved licensees will receive support for business needs, including facility build-out, equipment acquisition, and other essential start-up expenditures.
“By launching the SEFA Grant Program, Delaware is taking a significant step toward ensuring that the state’s adult-use marijuana industry develops in a manner that is inclusive, diverse, and sustainable,” said Commissioner Joshua Sanderlin. “This program is an essential component of our broader effort to build a regulated market that both protects public health and promotes equitable economic opportunity.”
Overview:
Eligibility is limited to approved social equity marijuana licensees in Delaware.
Funding amounts vary by license type.
Grants will be disbursed in phases as operational milestones are achieved.
Funds are restricted to approved business expenses and subject to oversight.
The initial distribution of SEFA Grant funding is scheduled to commence in the coming weeks as qualifying licensees reach designated operational milestones, a release stated.
The office will host a webinar to assist licensees in navigating the SEFA grant process. Interested participants can register and join the event at the following link: OMC SEFA Webinar Registration.
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