Social Equity Archives - Page 4 of 5 - Cannabis Business Executive

Social equity in marijuana industry still largely pipe dream

Terrence Hewing was working for a package delivery company in 2007 when police approached his cargo van in suburban Denver. He was early for a pick up, and someone out for a walk called authorities after seeing him napping in…

Virginia Cannabis: Let’s Talk About Licenses

On April 21, 2021 Governor Northam signed Virginia's recreational cannabis bill and made it law. Legal possession of up to one ounce and four plants for home cultivation will go live on July 1. More importantly for businesses looking to…

What You Need to Know When Buying a Cannabis Business, Part 2: The Regulatory Environment

By Jonathan Bench, Attorney at Harris Bricken Buying a cannabis business does not occur in a matter of days, and transactions fall apart for a variety of reasons, as we discussed in Part 1 of this blog series focused on…

Flourish Software Releases Social Equity Program Offering Cannabis Software For $420

PRESS RELEASE Atlanta, April 19, 2021 – Flourish Software is pleased to announce its new social equity program. This program will provide seed-to-sale tracking and supply chain management software to those helping to propel the cannabis industry forward. Qualified social…

Washington State Considers the Future of Its Cannabis Industry

I absolutely loved Washington State when I lived there. I lived in Seattle for seven years and was one of the first attorneys in the state to take on medical cannabis business clients in 2010 and then again with adult…

‘An important day for cannabis equity in Illinois:’ New bill aims to address flawed licensing rollout, add 115 pot shop permits

State Rep. La Shawn Ford framed the planned bill as the next step in ensuring Illinois meets its goal of diversifying the white-dominated weed industry. But he acknowledged that work won’t be complete until “Black and brown people start making…

New cannabis stores, marijuana tours, and protecting pets from pot on Illinois legislative agenda, but social equity remains a big issue

Plans to create 150 new marijuana stores, allow cannabis tours and make it a crime to get a pet sick from pot are among proposals Illinois lawmakers are expected to consider this spring. The proposed legislation comes as the state’s…

Can the cannabis industry be an agent of social justice? Or is it just another big business?

Jason White has created dazzling advertising and marketing campaigns for Nike and Disney, the World Cup and Olympic Games, to name a few. But when the Georgetown alumnus told his parents he was exiting Apple-owned Beats by Dre for the…

New York’s Two Marijuana Legalization Paths: Will Lawmakers Get It Right?

January 27, 2021
AggregatedNews
New York
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After two years of false starts, could 2021 be the year that New York finally legalizes marijuana? All the stars seem to be aligned: Governor Cuomo and leaders in the legislature have endorsed legalization, voters elected a historically progressive state legislature, and neighboring New…

Big money and a big stumble mark first year of Illinois’ recreational weed law

January 27, 2021
AggregatedNews
Illinois
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A year after legalization, social equity remains a pipe dream. CHICAGO — Illinois’ coffers have enjoyed a boost in tax revenue approaching the amount generated by booze sales thanks to the year that recreational marijuana has been legal there. But…

How Black businesspeople were left out of Washington’s green gold rush after marijuana was legalized

The news spread like wildfire: Basketball legend Shawn Kemp would break barriers by opening a Seattle cannabis retail store. The October news release proclaimed Kemp’s Cannabis would be the city’s first Black-owned retail cannabis store. But much like racial equity…

Curio Wellness launches $30M fund to help women and minorities own a cannabis dispensary

December 2, 2020
AggregatedNews
Banking, Finance & Real Estate, Social Equity
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“We think of diversity as a keystone issue for the cannabis industry,” said Curio WMBE Fund managing director Jerel Registre in a conversation with TechCrunch. Registre’s conviction around this program is obvious as he explains the problem the fund is…

Equity obstacles in Virginia push to legalize marijuana

November 25, 2020
AggregatedNews
Virginia
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RICHMOND, Va. — Could legalizing marijuana in Virginia help address social disparities and inequities? That’s one of the topics the state’s legislative watchdog agency explores in a new report examining how the commonwealth could legalize marijuana. The Joint Legislative Audit…

Cannabis Ballot Wins Pave The Way For Social Justice Action By States And Companies

In the Unites States, cannabis drug laws have disproportionately affected Black and brown people, while newly-legal marijuana endeavors are predominantly owned by people who are white and male. This fall’s ballot wins for cannabis legalization give states and private businesses…

He Was Arrested for Weed at 13, and He’s Selling It Legally at 27

In the hinterlands of central Massachusetts, Seun Adedeji works the crowd with an evangelist’s flair. “We’re here to get you guys medicated and elevated,” he says. At his store’s grand opening this month, he and his customers—some in khakis and…