Historically, cannabis has been responsible for incriminating countless Black men and women in the United States. Previously, African Americans were
3.73 times as likely to be arrested for cannabis possession. Currently, tremendous medical gains and legalization of cannabis in some states, has set the cannabis industry on track to grow to an estimated $50 billion by 2026. Thousands of entrepreneurs are diving head-first into this emerging market and making huge profits, while many Black entrepreneurs are being stifled by stigmas and systemic tactics preventing inclusion into the cannabis boom. During the upcoming School of Chamber & Business Management conference we will provide attendees with information and perspectives on entrepreneurial opportunities within the cannabis industry, as well as share information on the legal concerns for newcomers.
Here's how Black people are being shut out of the cannabis boom.