Maryland Cannabis Business Assistance Fund (CBAF) – Social Equity Conditional Licensee Grant
Maryland's primary capital assistance grant for social equity cannabis licensees; fourth financing round announced June 2, 2025 by Governor Moore; portal opened June 3, 2025; structured as milestone-based tranches (up to 4) tied to MCA's Adequate Capital Requirement and progression toward a standard license; available to the 205 conditional Social Equity Cannabis Licenses awarded through 2024 lotteries across micro and standard grower, processor, and dispensary categories; Maryland was the first state in the nation to open a licensing round exclusively for social equity applicants in all license types.
About this program
Visit the program website for full details.
Eligibility
Holders of a conditional Maryland Cannabis Administration (MCA) Social Equity Cannabis License awarded through MCA's 2024 lottery; must have a lottery number assigned by MCA and a copy of the Conditional License Letter; owners must meet the personal net worth qualification; funding available to new licensees not funded in prior CBAF rounds.
Requirements
- Hold a conditional Maryland Social Equity Cannabis License awarded through MCA's 2024 lottery
- Have a lottery number assigned by MCA
- Have a copy of the MCA Social Equity Cannabis Business Conditional License Letter with issuance date