Black Entrepreneurs in Cannabis Industry Push for a Piece of the Profits

Black people comprise only a small percentage of those profiting from the burgeoning legalized pot market, according to state data. Public initiatives and private funds, like one started by Jay-Z, aim to boost minority participation. https://www.wsj.com/video/series/in-depth-features/black-entrepreneurs-in-cannabis-industry-push-for-a-piece-of-the-profits/D36458C9-EF9B-43E7-8441-52175B2DE271

Former Anti-Marijuana Congressman And Top Trump Health Official Joins Cannabis Company Board, Documents Show

Tom Price, a former congressman who repeatedly voted against marijuana reform has joined the board of directors of a medical marijuana business in Georgia. As health and human services secretary in the Trump administration, he was empowered to initiate proceedings to formally recognize cannabis’s medical value and reschedule it under federal law—a move he chose …

NBA’s Allen Iverson Joins Al Harrington’s Cannabis Company, Says They Are ‘About To Change The Game’

NBA Hall of Fame Allen Iverson has joined Viola, a purpose-driven cannabis brand co-founded by basketball great Al Harrington. Iverson is the latest in a long line of celebrities and high sports getting into the cannabis business. As Viola’s talent partner, Iverson will continue to build on many of Harrington’s business initiatives, leading the drop …

As recreational use of marijuana arrives across the region, jobs in weed are growing

Marijuana is one of the fastest-growing industries in the country, hitting $18.3 billion in legal sales last year, a 71% increase (thanks to the stress of COVID) over 2019, according to cannabis website Leafly. Jobs in weed are also booming with wages that start at about $15 an hour for a cultivation trimmer or retail …

Sen. Schumer’s Bill Would End Cannabis Prohibition And Regulate Pot Like Tobacco

Cannabis will not achieve its full flowering in America until the end of federal regulation and Senator Chuck Schumer’s draft bill is a very important first step towards this end. But don’t start counting your chickens yet folks. Who knows if there is a majority of votes in Congress to pass it. It’s not just …

Without Banks, Cannabis Companies Are Turning to Crypto

Cryptocurrency and cannabis businesses have a lot in common. Both are entering the mainstream after years of operating on the fringes. And the two industries may be able to help each other. But are you ready to buy your weed in bitcoin? https://www.fool.com/the-ascent/cryptocurrency/articles/without-banks-cannabis-companies-are-turning-to-crypto/

Meet the Women Bringing Weed to the Deep South

Blounts & Moore, the GRITS (Girls Raised in the South) bringing weed to the deep South. They see a burgeoning cannabis industry as a way to bring generational wealth to African American communities. https://www.rollingstone.com/culture/culture-features/blounts-moore-black-investment-legal-weed-1186858/

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