Long Beach

City Council

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