Illinois was supposed to be the national model when government leaders pledged they’d use the 2020 legalization of marijuana to right the wrongs of the war on drugs that disproportionately harmed Black and Latino communities.Nearly three years later, those poised to benefit say they’re still stymied.
Yet they’re unable to secure new investors to provide capital because Illinois doesn’t allow changes to the ownership group on the application. He and other social equity licensees say companies that got a years-long head start are greedy and are trying to keep social equity businesses out of both the retail business as well as what’s known as cannabis “craft grow.”
“I’m tired of groups who do not look like us, represent us or our interests, dictate what we need,” said When it comes to allowing social equity licensees to switch up partners and investors, Althoff said the decision is up to regulators.s long as the 51% criteria remains in place — 51% has to be social equity — as long as that’s in place, my association would not object,” she said. “The association has taken no steps to derail or to block any of these efforts.”
illinoispolicy WELL YA! Selling dope has done so much for urban communities since the 1960’s. It’s an IQ test and Illinois is failing spectacularly.
Is anyone really surprised?
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Fuente: MarketWatch - 🏆 3. / 97 Leer más »