Incentives to Minority Marijuana Business Owners

Minority Marijuana Business Owners Get Incentives in Nine States

In an effort to address the disproportionate effects of marijuana prohibition on Hispanic and black communities, and to ensure equality in the emerging cannabis industry, many states are offering incentives to minority marijuana business owners. Currently, nine states have programs in place to encourage blacks and Hispanics to enter the weed market, and this a look at these efforts: 1. California Voters in California approved recreational marijuana in November 2016, and we can only expect first retail sales of it in January 2018. Despite this, some cities, Oakland in particular, are setting aside half of its cannabis licenses for those previously convicted of cannabis crimes, those who live in areas where drug enforcement was especially intense, and those considered low-income minority residents. Advocates of this program are lobbying for its acceptance statewide and demanding similar measures in places like Los Angeles and San Francisco. According to expert analysis of data …

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