New York Selects Chris Webber-led Firm to Manage Social Equity Investment Fund
Thu / Jun 23rd
NBA Hall of Famer Chris Webber’s Social Equity Impact Ventures, LLC has been selected to oversee New York’s $200 million Social Equity Investment Fund.
The concept of social equity deals with justice and fairness within social policy. In the cannabis industry, social equity programs work to supply business aide to those who have been previously incarcerated for doing cannabis business. Learn about social equity in cannabis in the articles and stories below:
Thu / Jun 23rd
NBA Hall of Famer Chris Webber’s Social Equity Impact Ventures, LLC has been selected to oversee New York’s $200 million Social Equity Investment Fund.
Wed / Jun 8th
Cannabis for Black Lives, a group of cannabis companies supporting Black-led and adjacent organizations, has raised $170,000 over the last two years to aid communities impacted by the War on Drugs.
Tue / May 24th INTERVIEW
Alejandro Rodriguez is an Adjunct Professor at The Cannabis Law Clinic at the Golden Gate University School of Law in San Francisco, which teaches students about cannabis history, law, and regulatory compliance.
Fri / May 13th
Arizona selected recipients for the state’s 26 widely sought social equity cannabis licenses.
Mon / Apr 25th
New York City Mayor Eric Adams (D) wants to include $4.8 million in his Fiscal Year 2023 Executive Budget for cannabis businesses in communities most impacted by the war on drugs.
Wed / Apr 13th OPINION
This editorial was contributed by Christine De La Rosa, co-founder and CEO of The People’s Ecosystem, a California-based and equity-focused multistate cannabis operator.
Tue / Apr 12th
The Massachusetts Senate passed provisions to create a cannabis social equity fund, license social consumption spaces, and establish a commission to tackle stoned driving.
Wed / Apr 6th
The Detroit, Michigan City Council has finally approved adult-use cannabis licensing measures after a lengthy and controversial challenge over previous residency provisions.
Wed / Apr 6th
A new bill in New York would require multi-state cannabis operators to have a plan to invest in communities disproportionally affected by the war on drugs.
Wed / Mar 30th
A new poll found that the majority of New York voters oppose prioritizing the state’s adult-use cannabis licenses for people previously convicted of a cannabis-related crime.
Tue / Mar 29th
Arizona announced it will be holding its social equity drawing this April for the 26 adult-use cannabis licenses set aside for the program.
Thu / Mar 24th
Tetra Lounge in Denver received the city’s first social equity cannabis hospitality license and intends to have a consumption lounge open for business by 4/20.
Thu / Mar 17th
Illinois won a court order this week to begin issuing new cannabis industry licenses after years of delays; the state also simplified the application process to make social equity cannabis licenses more attainable for communities most affected by the drug war.
Wed / Mar 16th INTERVIEW
Chenae Bullock is Managing Director of Little Beach Harvest, a vertically integrated cannabis operation by the Shinnecock Indian Nation in New York in partnership with TILT Holdings Inc.
Fri / Mar 11th
Applicants with prior cannabis-related offenses will receive New York’s first adult-use retail cannabis licenses.
Wed / Mar 9th
Connecticut’s Social Equity Council has established the household income levels for social equity applicants within the state.
Fri / Mar 4th
The Latino Cannabis Association launched in New York this week aiming to represent and support Latino licensees, guide policy, and help construct a socially and economically equitable cannabis market.
Thu / Feb 24th SPOTLIGHT
The Mississippi Medical Cannabis Act was signed into law in early February 2022 after a long fight for safe access… Read More
Tue / Feb 22nd
Comedy Central’s ‘South Park’ recently skewered racial inequality in Colorado’s cannabis industry but while accurately depicting the racial imbalance among cannabis business owners, the show missed the mark on why advocates are calling for social equity.
Fri / Feb 18th
Lawmakers in the Washington House on Tuesday failed to pass a bill to improve the state’s cannabis social equity considerations.
Thu / Feb 17th SPOTLIGHT
Marijuana Matters is a Washington D.C.-based social enterprise organization dedicated to social equity through a three-pillar mission encompassing cannabis Education,… Read More
Tue / Feb 15th
In an open letter to the industry published on Tuesday, the CEO of cannabis multistate operator Parallel pledged to support fundamental changes in the industry to improve equity in the space.
Fri / Feb 11th
The California Governor’s Office of Business and Economic Development announced a $35 million grant intended for communities that were most negatively impacted by cannabis prohibition.
Tue / Feb 1st OPINION
This editorial was contributed by Christine De La Rosa, co-founder and CEO of The People’s Ecosystem, a California-based and equity-focused multistate cannabis operator.
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