City Council

11. 26-54126\nRecommendation to adopt Specifications No. RFP ED-25-618 and award contracts\nto Launch Industries, LLC, of Seattle, WA, and Tkach Ventures, Inc., of Temple\nCity, CA, to provide eligible participants in the City of Long Beach’s Cannabis\nSocial Equity Program direct technical assistance to facilitate business ownership\nin the cannabis industry in a total annual aggregate amount not to exceed\n$150,000, through February 28, 2027, with the option for two additional one-year\nrenewals at the City's discretion, not exceeding a total of three years, at the\ndiscretion of the City Manager; and, authorize City Manager, or designee, to\nexecute all documents necessary to enter into the contracts, including any\nnecessary subsequent amendments. (Citywide)\nOffice or Department:\nEconomic Development and Opportunity\nSuggested Action:\nApprove recommendation.