Tag Archives: legal cannabis industry

Addressing Systemic Racism and Barriers to Entry in the Cannabis Industry

By Naina Kamath

While in recent years the main critique of the legal cannabis industry has revolved around its profitability despite high drug-related incarceration rates, a new focus, inspired in part by the Black Lives Matter movement, has been placed on the underrepresentation of Black business owners and executives in the legal cannabis industry. This underrepresentation is thought to be the result of overwhelming barriers to entry, particularly for Black business owners in the cannabis industry, who must initially rely on the discretion of investors and dispensaries. Continue reading Addressing Systemic Racism and Barriers to Entry in the Cannabis Industry