Portfolio Category: Portfolio: Social Equity

40 Grams and a Bong?

In 2021, recreational marijuana officially became legal in New York. Among its various provisions, this legislation directs the newly created Cannabis Control Board to ensure that at least 50 percent of the cannabis business licenses it approves go to social equity applicants. This group includes people from marginalized communities negatively impacted by marijuana arrests (the…
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Selling Pot is Still Not Easy

March 31, 2021, was a historic day for New Yorkers, when Governor Andrew Cuomo signed legislation to legalize adult-use cannabis. Cuomo sweetened the pot for two groups of people with a lot of crossover: Over the next two years, the state will expunge the records of approximately 150,000 New York residents previously convicted on cannabis…
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