social equity

In June 2022, New York Gov. Kathy Hochul announced a deal had finally been reached to fund a $200 million public-private effort, which would finance cannabis dispensaries run by the people who have been the most impacted by the war on drugs. The much-anticipated public-private fund is now coming...

The Maryland Cannabis Administration (MCA) allocated 174 social equity cannabis licenses via lottery from over 1,700 submissions, with 1,500 qualifying for consideration. This initiative, noted the Green Market Report, is part of a broader effort to ensure fair industry access, allowing for...

Cannabis industry jobs platform Vangst announced on Tuesday that it has signed a government contract with the Cannabis Business Office (CBO) – a part of the Office of Economic Development and International Trade (OEDIT) – to create CannaBusiness Growth. The new educational program seeks to...

Speaking in Las Vegas this week, Martin Luther King III, son of the civil rights advocate, emphasized the significance of fostering equity and inclusion within the cannabis industry. “If we are able to create successful businesses and entrepreneurs that is one of the steps that helps build...

Social equity businesses in Maryland will have exclusive access to the first round of applications for new recreational cannabis dispensary, cultivation and processing licenses, state officials said on Friday. The Maryland Cannabis Administration (MCA) will begin accepting applications on...

TILT Holdings Inc. (NEO: TILT) (OTC: TLLTF) announced on Tuesday that its subsidiaries, SFNY Holdings Inc. and Standard Farms New York LLC have entered into a membership interest purchase agreement with CGSF Investments, LLC, a wholly owned subsidiary of PowerFund Holdings II LLC, pursuant to...

In recent years, the cannabis industry has emerged from the shadows of prohibition into a realm of legality and potential profitability. However, as this nascent sector grows, so do the concerns regarding its impact on the environment and society at large. Environmental and Social Governance (ESG)...

This article was originally published on The Fresh Toast and appears here with permission. The marijuana industry has been transforming in the last couple of years. Social equity has become a mission to provide access to growth, development and ultimately wealth to communities that have been most...

By Katherine Lehman People Are Excited About The Business Opportunities New Cannabis Legislation Has Ushered In Maryland and Missouri recently joined other states in the legalization effort surrounding cannabis. The cannabis industry is new, incredible, and a way to make a lot of money for many...

Oklahoma GOP Leaders Root For Weed Legalization Initiative To Fail "We encourage you to get out the vote on March 7 and ask you to vote NO on SQ 820," urged party leaders to voters in a letter on Monday, reported by Marijuana Moment. After the state Supreme Court rejected a...

As founder and CEO of The Heritage Club, a mission-driven Boston cannabis dispensary, Nike John is the youngest dispensary owner in Boston and the first Black woman to own a dispensary in a major city on the East coast. At 29 years old, John founded the cannabis dispensary and its...

Despite efforts to inspire change and fariness in the community, it seems that Michigan's marijuana social equity program is failing to fulfill that purpose. Crain's Detroit's Dustin Walsh recently pointed out that in three years since recreational cannabis has been legal...

The House Oversight Civil Rights and Civil Liberties Subcommittee announced a hearing on Tuesday titled “Developments in State Cannabis Laws and Bipartisan Cannabis Reforms at the Federal Level,” which will take place on November 15. Hearing Purpose “This hearing...

Recently, the chief justice of New Mexico’s Supreme Court told lawmakers the state’s judicial branch will seek “changes during the upcoming 60-day legislative session to a 2021 law that mandates small-level cannabis convictions be expunged from criminal records.” Chief...

Even though marijuana sales are legal in New Jersey, members of the Cannabis Regulatory Commission (CRC) have made it clear that they are not satisfied with how things are shaking out. Municipal rejection of dispensaries, rising real estate prices and lack of access to capital are some of the...