Venture Philanthropy
Our philanthropy model
The Social Equity Cannabis Loan Fund provides philanthropists the opportunity to have a tremendous impact on our mission. The Fund is a donation-only model and will provide low-cost financing to social equity & minority licensees countrywide. 501(c)(3) non-profit.
To participate in the Social Equity Cannabis Loan Fund, donors make a contribution which can be spread over many years. Donors do not receive a return on their investment.
Donors receive regular updates on investments and enjoy a highly curated stewardship experience.
If you’re interested in making a philanthropic contribution to Social Equity Cannabis Loan Fund, please reach out to Francis Kanneh at francis@socialequitycapital.com or Make a Donation.
“I created the Social Equity Capital Fund to both advance an emerging legal industry while also righting the wrongs of previous, discriminatory cannabis policy,” SECF President and CEO Francis Kanneh says.
“Minority cannabis businesses are forced to use high-interest lenders or forgo capital improvements. As states approve marijuana decriminalization legislation, communities of color are frequently left behind in the booming and very successful cannabis business, with revenues expected to reach $50 billion by 2026. Social equity programs, on the other hand, can help repair the harm done to these communities by years of discriminatory marijuana enforcement practices. These equity programs, in particular, can help individuals from disproportionately affected communities join and sustain firms in the legal marijuana industry by offering support for loans, grants, business trainings, and other resources.”
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