By 420 Intel on Friday, 14 October 2022
Category: Business News - 420 Intel

San Diego OKs long-awaited Cannabis equity program to help people of color enter industry

The program was spurred by data showing racial disparities in arrests and ownership of local cannabis businesses

SAN DIEGO - People of color with previous drug convictions will get help entering San Diego’s growing cannabis industry under a new equity program the City Council unanimously approved Tuesday.

Those eligible to participate could get start-up loans, fee waivers, help finding business sites and other assistance. Money for the program will come from state grants and possibly from revenue generated by the city’s cannabis tax.

The equity program comes in response to recent studies showing people of color have suffered a disproportionate share of cannabis arrests in San Diego and that Whites own an outsized share of local cannabis businesses.

Original link
(Originally posted by Cannabis News)

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