CANNABIS EQUITY ISN’T WORKING

(Photo by Spencer Platt/Getty Images)

For years, progressive cannabis activists have called for “equity.” They mean that the communities of color who have suffered most from the war on drugs and mass incarceration should profit from the industry’s rise. It’s an admirable idea that has proven very difficult to implement.   

I spoke to Eaze executive Elizabeth Ashford, 4thMVMT CEO Karim Webb and former Massachusetts regulator Shaleen Title about what’s not working, and how to fix it.
WeedWeek

• Our conversations took place as industry consolidation makes it more difficult for smaller equity-designated businesses to compete.
   

Here’s what they said.

Related:

• For MLK Day, Canna Law Blog has a post on cannabis and civil rights.
• Illinois is sitting on $62M in pot tax revenue earmarked for equity purposes.
  Chicago Tribune