The San Francisco Board of Supervisors retroactively authorized the Office of Cannabis to accept and expend a grant award of $3,324,052.50 from the Governor’s Office of Business and Economic Development. This funding is part of the Cannabis Equity Grants Program for Local Jurisdictions. The grant aims to assist local equity applicants and licensees with their startup and ongoing costs, helping them gain entry to and successfully operate in the regulated cannabis marketplace. The grant term is from April 1, 2025, through October 31, 2026. The allocated budget includes $2,808,810.00 for direct grants and loans to businesses, $200,000.00 for direct technical assistance, and $315,242.50 for administrative costs. The program also requires $1,793,767.00 in matching funds, sourced from eligible personnel costs and equity contributions. The resolution formally approves the grant agreement.