Cultivation Warehouse (CW), along with AMCON Green, will award social equity programs across the country with up to $1.25 million in products and services necessary to launch or optimize a regulated commercial cannabis cultivation operation.
CW has pledged up to $1 million, and AMCON will provide up to $250,000 in professional services at no cost.
To be eligible for consideration, projects need to be verified or in the process of being verified as a "social equity" business by their governing jurisdiction, have secured a site, and provide a written plan that can be implemented within 12 months.
To apply or for more details, click here.
Selected new or existing social equity cannabis cultivation projects will receive awards ranging from a minimum of $25,000 up to $250,000 worth of a wide range of services, including site design with detailed mechanical, electrical, and plumbing schematics and equipment specs, regulatory compliance consulting, procurement, installation, and other assistance for all types and sizes of commercial cannabis operations in the U.S.
In making the announcement, Cultivation Warehouse principals Eric Paulin and Eric Shedlarski said, "We owe our success to the partnerships we've developed with many of the pioneers in cannabis cultivation. We've witnessed the harm caused by cannabis prohibition, and we're hopeful that this commitment of resources will help mitigate some of that and expand diversity within the cannabis industry."
"We've been fortunate to work with some of the best, most profitable businesses in the sector," they added. "We want to share the expertise we've gained from over 20 years of involvement in every type and size of operation to help reduce the barriers to entry inherent in the current highly competitive and highly regulated environment."
Applicants will be assessed for viability, and awardees will be selected based on various factors, including their needs, location, and timeline.
As part of this groundbreaking program, every eligible applicant will receive a free feasibility review of their proposed project.
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