Included in the law that made the recreational use of cannabis legal in Connecticut is a provision to create a small business accelerator program.
Open to people granted a cannabis social equity license, the idea is to impart knowledge about running a cannabis business to help get those businesses off the ground.
“The social equity applicants, if they were approved by the council, they’re eligible for this first program,” said social equity council spokesperson Kristina Diamond. “The program does all the technical business assistance. They go through the soup-to-nuts of a cannabis business, what they need to know, how to launch a program, how to get funders attracted to your business.”
The state went through an RFP process and settled on a California-based school called Oaksterdam University, where Dale Sky Jones is executive chancellor.
The year-long $1 million contract was ultimately signed with Oaksterdam and Hartford-based reSet because, Diamond said, “We did feel it was important to have somebody from Connecticut, as well as part of the process.”
Read more at ctinsider.com