; equitable licensing grant program (1) Cannabis restorative opportunity program The Administrator of the Small Business Administration shall establish and carry out a program, to be known as the Cannabis Restorative Opportunity Program , to provide loans and technical assistance under section 7(m) of the Small Business Act ( 15 U.S.C. 636(m) ) to assist small business concerns owned and controlled by socially and economically disadvantaged individuals that operate in eligible States or localities. (2) Equitable licensing grant program The Administrator of the Small Business Administration shall establish and carry out a grant program, to be known as the Equitable Licensing Grant Program , to provide any eligible State or locality funds to develop and implement equitable cannabis licensing programs that minimize barriers to cannabis licensing and employment for individuals adversely impacted by the War on Drugs, provided that each grantee includes in its cannabis licensing program at least four of the following elements: (A) A waiver of cannabis license application fees for individuals who report an income below 250 percent of the Federal Poverty Level for at least 5 of the past 10 years and who are first-time applicants for a cannabis license. (B) A prohibition on the denial of a cannabis license based on a conviction for a cannabis offense that took place prior to State legalization of cannabis or the date of enactment of this Act, as appropriate. (C) A prohibition on restrictions for licensing relating to criminal convictions except with respect to a criminal conviction related to owning and operating a business. (D) A prohibition on cannabis license holders engaging in suspicionless cannabis drug testing of their prospective or current employees, except with respect to drug testing for safety-sensitive positions required under part 40 of title 49, Code of Federal Regulations. (E) The establishment of a cannabis licensing board that is reflective of the racial, ethnic, economic, and gender composition of the