that people of color — who were three times more likely to get arrested and convicted on marijuana offenses — are getting shut out of the market.
The commission’s job is to promote three classes of cannabis license holders: those who are diverse — defined as minorities, women, disabled veterans; people from “impact zones” who come from communities disproportionately affected by the War on Drugs; and social equity applicants, who have been convicted of marijuana offenses or are from economically disadvantaged areas.
The most recent applicant data shows “that a diverse and inclusive cannabis market that looks like the diversity of New Jersey is already taking shape,” saidOne-third of all applicants fall into the social equity category, and two-thirds of all applicants are “diversely owned businesses” — women, disabled veterans or minorities, McWhite said.
The law legalizing the cannabis industry expects that minorities, and women and disabled veterans will each account for 15% license holders. McWhite said he was proud to announce that 34% of awardees have come from minority-owned businesses, while 39% are from women-owned entities.The commission has issued 1,500 licenses for the adult-use market, all in various stages of the planning and vetting process. None of these have opened their doors yet.
In other business, the commission also voted to allow 56 applicants to move forward in the licensing process.Please subscribe today to
So far, only corporate chains are opening stores & dispensaries. When the regular person(s) are given licenses, we'll see if they mean it.
nobody forced minorities to commit crimes that involved drugs
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »