San Francisco has tried to leverage the legal market to make up for the horrors visited upon certain of its communities by the War on Drugs and disproportionate policing. But while The City has a social equity program that offers a $5,000 licensing-fee waiver and access to equity incubators — which feature technical assistance or rent-free space for three years, eligible applicants must have a criminal record for cannabis or housing issues.
Progress has been slow in this wealthy municipality that’s leaking black people, but now there’s actually going to be a dispensary that’s owned by one.
- The second S.F. equity applicant, whomever that may be, is going to need a big-time partner of their own. Startup costs in high-traffic parts of town run between $1.5 and $3M.