Government grants, contracts, and loans can be an important source of funding. There are many state and federal programs for which hemp businesses are eligible, as well as state programs for marijuana businesses. Vicente LLP is well-positioned to help your business identify these opportunities and navigate the complex processes they typically entail. We are also uniquely qualified to assist state and local governments in developing innovative new opportunities, procedures and policies.
Application and bidding processes are often complicated and time-intensive. Our attorneys and technical writers can guide you through them from start to finish and ensure the information you provide is accurate and compliant with all applicable laws and regulations (including those that are cannabis-related). They can also assist in the event you believe a contract was improperly awarded by a government agency.
Our team members have extensive experience applying for government grants and contracts, as well as previous public sector experience drafting and awarding them. We have helped businesses excel in several of the most competitive cannabis-related application processes in the country. We know what it takes to complete applications correctly and on deadline, as well as what it takes to distinguish them and maximize the likelihood of success.
Select a category below to learn more about our Grants & Loans services:
By Brandon Kurtzman, Bridgette Nikisher
Oct 31, 2024
The Cannabis NYC Loan Fund is offering loans of up to $100,000 for cannabis entrepreneurs. Applications for the first phase, which is available to Conditional Adult-Use Retail Dispensary licensees, will be accepted through November 4. Learn more about this program!
By David M. Ullian
Feb 13, 2024
Massachusetts launched the Cannabis Social Equity Trust Fund to aid qualified cannabis businesses disproportionately impacted by marijuana prohibition. Licensed businesses or applicants meeting specific criteria, like Social Equity Program participants, can access grants or loans (up to $50,000 now!). Apply online and learn more about future programs before the February 15th deadline.
By Meg Nash, Bridgette Nikisher
Feb 7, 2024
Maryland's Cannabis Business Assistance Loan/Grant Fund is offering grants to help social equity applicants cover costs associated with obtaining a cannabis business license. The program reimburses up to 50% of eligible expenses, with a maximum of $5,000. Applications open February 19th and close March 20th. Read this Insights post to learn more about eligibility, qualifying expenses, and how to apply.
By Jason Tarasek
Oct 23, 2023
The Minnesota legislature has established three grant programs designed to help entrepreneurs start and grow their businesses and to create a more equitable cannabis industry. Read more about them in this Insights article.
Aug 20, 2021
VS attorney Michelle Bodian discusses the hemp industry's environmental challenges and opportunities in this on-demand CLE from the INCBA
Mar 29, 2021
An updated overview and FAQ of the federal stimulus bills for coronavirus, with specific guidance for marijuana, hemp and ancillary businesses.
Nov 25, 2020
Update on hemp legislation and rulemaking, regulatory changes, and other noteworthy hemp news and events.
Oct 22, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Oct 21, 2020
An overview and FAQ of the federal stimulus bills for coronavirus, with specific guidance for marijuana, hemp and ancillary businesses.
Aug 24, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Aug 5, 2020
Learn about grant and loan opportunities for hemp farmers and hemp-related businesses in this session with VS's Michelle Bodian and Eric Steenstra of Vote Hemp.
Jul 13, 2020
Update on hemp legislation, regulatory changes, and other noteworthy hemp news and events.
Apr 20, 2020
Shawn Hauser and Dwight Clark talked about SBA loans for cannabis businesses and political advocacy during Texas NORML's 420 Stream-A-Thon.