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Cannabis companies share how they launched social equity funding, programs

SpeedWeed

(This story appears in the March issue of Marijuana Business Magazine.). In response, some companies have launched their own programs aimed at providing women and people of color with more opportunities to succeed in the space. Mentorship Programs. As the business matures, the entrepreneur buys back that stake, Registre said.

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Fortune: Black cannabis entrepreneurs account for less than 2% of the nation’s marijuana businesses

Cannabis Law Report

Even with diversity efforts, in 2020, only 11 total licenses had been granted to the 143 participants of the Massachusetts social equity program and the 122 certified economic empowerment applicants, as reported by WGBH News. So the question is: Why don’t more Black entrepreneurs have licenses or cannabis businesses?

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The Birds Are Chirping About Cannabis Advertising

Veriheal

Your cannabis business is also not allowed to bank, which means no access to loans or other financial opportunities. There are cannabis festivals, events, expos, and magazines all offer you great opportunities. Beyond newspapers and magazines, what other options are there for cannabis businesses to advertise? What do you do?

Media 74
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P.L. Light Systems Celebrates 40 Years in Business

SpeedWeed

the publisher of Hemp Grower magazine, announced today the launch of Hemp Grower Conference , which will take place Nov. The Hemp Grower Conference education program will be created by the editors of Hemp Grower magazine and a conference advisory board of professional hemp growers and other industry leaders.

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UCANN Drops Patent Lawsuit Against Pure Hemp Collective

SpeedWeed

the publisher of Hemp Grower magazine, announced today the launch of Hemp Grower Conference , which will take place Nov. The Hemp Grower Conference education program will be created by the editors of Hemp Grower magazine and a conference advisory board of professional hemp growers and other industry leaders.

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Denver Firm Vicente Sederberg Launches ESG Practice, Aims to Help Marijuana and Hemp Industries Lead on Sustainability, Social Responsibility, and Diversity

Cannabis Law Report

Investors seeking opportunities in the cannabis industry are increasingly asking about companies’ ESG initiatives, programs, and progress,” said Kim Napoli, VS counsel and director of DEI. VS has advocated for cannabis social equity programs across the U.S. Employee engagement surveying and planning. Kim Napoli. Christian Sederberg.

Hemp 90
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Paper: Racial Capitalism and the African American Experience Entering the Cannabis Industry By Dr. Ayoka Nurse

Cannabis Law Report

The current public policies in local and state cannabis ordinance and equity programs may enhance racial disparities if they follow the pattern of exclusion and criminalization that encompass past policies promoted as beneficial to African Americans but uphold racial capitalistic practices. Theme 3 involved access to capital.

Policy 105