LA County Board

29. Commercial Cannabis Program Recommendation: Authorize the Director of Consumer and Business Affairs to accept, receive, administer, and manage the Governor's Office of Business and Economic Development (GoBiz) Cannabis Equity Grants Program award, including any amendments, augmentations, extensions, or reallocations associated with the awarded grant. Authorize the Director to take the following actions: (Department of Consumer and Business Affairs) APPROVE Apply to and accept funds and future grants up to $5,000,000 per award through Fiscal Year 2031-32 related to implementing services and grant-funded activities supporting the County’s proposed County Commercial Cannabis Social Equity Program (Social Equity Program), by providing the Board advanced notification before acceptance of each grant. Execute, amend, and terminate agreements and other instruments related to implementing services and grant-funded activities supporting the County’s proposed Social Equity Program. Unless otherwise required by law or ordered by the Board, waive the requirements of County Board Policy No. 5.100 and authorize the Director to enter into or amend as necessary any agreements and other instruments to implement this program. Execute, amend, and terminate agreements for the administration of a lottery for licenses and/or grants, disbursement of awards post lottery, and auditing of lottery services. (26-5904)