New York's Office of Cannabis Management is seeking to award $5 million to nonprofits around the state as part of its initial round of Community Reinvestment Program grants, which aim to support youth living in areas disproportionately impacted by cannabis prohibition.
The funding will be awarded to nonprofit organizations that support young people from the ages of 0 to 24. The program is funded through taxes collected from adult-use cannabis sales and aims to address issues of mental health, workforce development and housing in communities impacted by the war on drugs.
"If anyone needs another reason why buying cannabis from licensed dispensaries is the best option, here you go," Tabatha Robinson, OCM director of economic development, said in a statement. "Every dollar spent in a legal shop contributed to their important work of reinvesting in communities harmed by prohibition."
OCM is accepting applications seeking qualified nonprofits to award grant funding to. Each grant is worth $100,000.
Read more at The Daily Gazette.