Grant opportunity · Maryland Department of Commerce

Cannabis Business Assistance Fund (CBAF)

Up to $131,250 per award

About this opportunity

The Cannabis Business Assistance Loan/Grant Fund (CBAF) is a financing resource operated by the Maryland Department of Commerce. It provides grants and loans to small businesses — including small, minority-owned, and small women-owned businesses — entering the adult-use cannabis industry. CBAF also provides grants to Historically Black Colleges and Universities (HBCUs) for cannabis-related programs and to business development organizations, including incubators, to train and assist small businesses, minority and women business owners, and entrepreneurs seeking to become licensed in the adult-use cannabis industry. The current active funding opportunity is the Social Equity Conditional Licensee Grant, which delivers milestone-based grant disbursements in four tranches to Social Equity Ap…

Who may apply

for-profit, non-profit, higher education institution

Deadline

See program details

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