![](https://media.necn.com/2022/10/cannabis-26900xx6720-4480-0-0.jpg?quality=85&strip=all&resize=320%2C180)
Struggling cannabis equity businesses may soon — finally — see millions of dollars in promised state funding after more than a year of waiting now that Gov. Maura Healey has signed a supplemental budget into law.
The Cannabis Social Equity Trust Fund was created in August 2022 as part of a major cannabis bill. The fund was intended to collect 15% of cannabis sales taxes in order to help cannabis entrepreneurs from communities disproportionately harmed by the war on drugs.
More on this story from Boston Business Journal
Get New England news, weather forecasts and entertainment stories to your inbox. Sign up for NECN newsletters.
Copyright Boston Business Journal