OCS Launches Social Impact Fund to Champion a Socially Responsible Industry

April 25, 2023 (TORONTO) – Today the Ontario Cannabis Store (OCS) announced the launch of its Social Impact Fund (the Fund) to promote social responsibility in connection with cannabis through the funding of community projects and research.

The OCS invites incorporated not-for-profits, registered charitable organizations and research teams affiliated with academic or research institutions to apply for funding, which can range from $25,000 to $100,000 for projects that are eight to 12 months in length. The OCS has earmarked up to $500,000 for this pilot year, and the application window will remain open until May 25, 2023, at 5:00 p.m. EST.

The funding available will go to initiatives aligned with the three key pillars of OCS’s social responsibility strategy: establishing a foundation for environmental sustainability, supporting a diverse and inclusive cannabis industry in Ontario and advancing cannabis knowledge and responsible consumption.

"The Social Impact Fund is part of our commitment to champion a socially responsible cannabis industry by investing in education, research and initiatives," said OCS President and CEO, David Lobo. "The launch of the Social Impact Fund is an opportunity to support and amplify the work that many community organizations and researchers are leading related to cannabis, and we're looking forward to enabling more of that work across Ontario.”

The Fund, which is a part of the OCS’ multi-year Social Responsibility Strategy, will help advance the OCS’ mandate of championing a socially responsible industry, promoting the responsible consumption of cannabis, and protecting youth and vulnerable populations.

Details on the application requirements and process can be found at OCS.ca/SocialImpactFund.