More States Allocating Cannabis Tax Revenue For Social Equity

Washington is one of several states that have set aside monies from marijuana tax proceeds to support social equality initiatives. Gov. Jay Inslee wants $125 million per year to be allocated to areas that are experiencing social and economic inequities as a result of drug-related punishments. Funds will be sent directly to areas that have been struck the hardest, particularly those populated by people of color.

For example, in New York, 40 percent of the tax income from cannabis sales will be sent to minority neighborhoods that have had a disproportionate number of marijuana arrests in the last decade. The state legislature of Washington has budgeted $125 million for social equality projects in the cannabis business, according to reports.

The purpose is to guarantee that a particular amount of license holders and workers come from underrepresented groups, such as women and veterans, to achieve this goal. Restorative justice funds in Illinois have benefited civil legal assistance, economic development, reintegration, and youth development, with millions of dollars in tax monies going to these causes. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Oregon International Airshow Innovation This Weekend

"As the daughter of Mexican immigrants, whose university education was made possible by an Air Force ROTC scholarship and who later enjoyed a fascinating career as an Air Force officer and aviator,...more

Ace Champions Innovation in Historic Year, Celebrates Triumph at Annual Graduation

"When a body works together, great things happen," St. Thomas Adult Continuing Education Principal Rhona Pinney-Simon said at the school's annual graduation ceremony Friday, per a press...more

Gujarat'S Msme Marvels and Other Top Smb Stories of the Week

If you're looking for a cheap way to spice up your next meal, there's a new kid on the block that's got you covered. Havi is a robotic toy company based in the Indian state of Gujarat, and it's...more

Ysu Celebrates Its New Williamson Innovation Park

When Warren "Bud" Williamson died in October at the age of 92, he left behind 243 acres in Youngstown, Ohio, the Youngstown Business Journal reports. According to the AP, Williamson's passion for...more

Science City Organise Students Innovation Congress

The Indian state of Punjab has taken a big step toward becoming the first in the country to ban smoking in public places, the Times of India reports. The ban was announced by the state's chief...more

Sanwo-Olu sets Sail Abiru's innovation project for youth empowerment, entrepreneurship

A lawmaker in Nigeria has opened an innovation lab in an effort to turn around the country's youth, the Guardian reports. Mukhail Adetokunbo Abiru, a senator from Lagos East, says the lab, called...more

WIN THE BARÇA FOUNDATION SHIRT SIGNED BY 9 PLAYERS!

The NBA's Golden State Warriors are taking on the Cleveland Cavaliers in the second game of a second-round playoff series on Sunday, reports AP. The first game is Tuesday night in...more

Upbring Unveils Transformative Child Wellbeing Efforts

"We need to institute holistic systemic change now." That's the message from Michael Loo, CEO of Upbring, a Texas nonprofit that's been working to improve the lives of at-risk children since it...more

Rady Children'S Hospital Takes a Team-Based Approach to Care Innovation

"We're all really doing a lot of the same things, but in different ways. If we can sit down and have that discussion, we'll see these ideas develop." Those are the words of Rady Children's...more

Upbring Unveils Transformative Child Wellbeing Efforts

"We need to institute holistic systemic change now." That's the message from Michael Loo, CEO of Upbring, a Texas nonprofit that has been working to improve the lives of at-risk children for more...more





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Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.




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