Connecticut's Highly-Anticipated Canna-Business Revolving Loan Fund is Launched: Informational Webinars this Week

Pullman & Comley, LLC

On August 28, 2023 the Social Equity Council (SEC) and Connecticut’s Department of Economic and Community Development (DECD) announced the launch of the much anticipated Canna-Business Revolving Loan Fund that will provide licensed Connecticut social equity cannabis business owners with financial assistance. The fund was approved by the legislature when the adult-use cannabis program was created and is open to social equity partners with provisional licenses.

The SEC and DECD will host two webinars this week to answer questions and provide technical guidance  on the program:

Title:  Loan Program Live Webinar for Social Equity Approved Businesses

Date:   August 31, 2023 - 12:00 noon - 1:00 p.m.

Register in advance via this link:  https://us06web.zoom.us/webinar/register/WN_CZzPyoWmQP6yS932nxZ4VA

Title:  Loan Program Live Webinar for Social Equity Approved Businesses - Evening Program

Date:   August 31, 2023 - 6:00 - 7:00 p.m.

Register in advance via this link: https://us06web.zoom.us/webinar/register/WN_aaDMvAqoSHG6OpkVNLu-Kg

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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