420 with CNW – LA Marijuana Equity Program Under the Spotlight

Recently in Los Angeles, people are questioning the integrity of the Social Equity Program for marijuana companies. The war on drugs adversely affected minority groups, people of color, and businesses from impoverished areas. The social equity program was supposed to give the impacted groups mentioned a headstart in the world’s booming marijuana industry. However, applicants from the social equity program complained at a recent meeting held by the Cannabis Regulation Commission in Los Angeles that they have not been accorded fair treatment. During the meeting, it was also suggested that people who do not qualify to operate marijuana businesses are taking advantage of the social equity program. They collude with someone from the impacted communities during the application process and that person also acts as the go-to person when the businesses are granted licenses. The LA Social Equity Program is open to California residents who are interested, qualified, or non-qualified to operate cannabis businesses, and many people are looking for a way to join the cannabis industry. A board member of the Minority Cannabis Business Association (MCBA), an entrepreneur and Los Angeles-based activist, said in an email that the program’s integrity was compromised since its initiation. The purpose of the…

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