DENVER – Today, the Business Support division of the Colorado Office of Economic Development and International Trade (OEDIT) announced 17 businesses selected to receive the Cannabis Business Office’s (CBO) Cannabis Business Grant, an innovative program to support small businesses, bolster the industry, foster equity and diversity in the cannabis industry, and create good-paying jobs for Coloradans.
“The grants announced today support Colorado cannabis businesses at every stage of growth, saving small business owners money and creating and retaining jobs,” said OEDIT Executive Director, Eve Lieberman.
Since 2022, the Cannabis Business Grant has helped qualifying businesses prepare for operational success and grow over time. Three funding pathways support grant applicants at every stage of their business journey. Including the grant recipients announced today, the Cannabis Business Grant has supported approximately 75% of active social equity licensed cannabis businesses in the state while helping to create or retain nearly 300 jobs and launch 55 new businesses.
Grant recipients are social equity licensed cannabis businesses that have been awarded, or are actively pursuing, a regulated business license from the Marijuana Enforcement Division.
The recipients announced today include:
Foundational Grant ($25,000) - To assist early stage cannabis businesses with their startup needs
- The Fireplace
- Puff Tuff Cannabis
- Xi Farms
Foundational Plus ($20,000) - To aid businesses with early success to reach the next stage of development
- BACHAZ
- Better Days Delivery
- Canna CabanaBus
- C'est La Vie Coffee
- Gogi Cannabis Delivery
- GreenDoor Box
- Jungle Feva
- Nature’s Transport Service
- The Cannabis Experience
Growth ($50,000) - To support existing cannabis businesses as they grow or refine their operations
- EV Jason St
- Floraco
- N Federal Social
- Soiku Bano
- The Herbal Cure
Please visit CBO’s website for information about the grant paths and the office’s additional programs.