Local News


Nonprofit creates cannabis reinvestment fund

Posted at 8:42 AM, Jun 17, 2020
and last updated 2020-06-17 13:24:58-04

Cannabis Equity and Inclusion Community (CEIC), a Nevada nonprofit organization, has established the Nevada Cannabis Community Reinvestment Fund (NCCRFund).

The nonprofit says the NCCRFund will invest directly into communities of color that have been directly affected by discriminatory cannabis policies, over policing and sentencing disparity, offer assistance to job seekers and entrepreneurs in need of technical support, regulatory compliance assistance, and reducing barriers to licensure and employment in the regulated industry.

The organization will pursue legislative reform to reduce the disparate impact on people of color of current policing and corrections policies. This effort will aid the state in its goal of diversifying Nevada’s cannabis industry, eliminating or reducing the cannabis underground market, aid in overall public education.

Donations to the NCCRFund will go towards programming, data tracking and reporting for disparity evaluations.

Programs include: mental health programs, legal services for pre-legalization cannabis related charges and other community-based support services, public education, community outreach and grant distribution to support designated community organizations who focus on cannabis education and providing services related to the industry such as skills training and job placement. Outreach will focus on communities in Nevada that have been disproportionately affected by past federal and state drug policies.

“We are excited to have Deep Roots, onboard in support of Nevada Cannabis Community Reinvestment Fund, with their support along with other stakeholders and members in the community who will stand with us in creating a space for change,” said A’Esha Goins, founder, CEIC. She continues, “This fund will create an opportunity for community members to support these potential organizations as well as understand how minority communities experience challenges within social justice and advocate for reform in policy.”

Funds raised will be distributed in the form of grants to local organizations, community based programs. Awardees will receive assistance and support for the work they are doing to combat racism, xenophobia, bias, and violence continue to be directed against people based on race, ethnicity, gender, sexuality, religion, SES, nationality, ability, and/or citizenship status across the world to ensure legal services for persons affected by cannabis related charges, mental health services and other wraparound services for criminal justice reform.

To learn more about the Nevada Cannabis Community Reinvestment Fund (NCCRFund) visit www.CEICNV.ORG or email contact@ceicnv.org.