The face of cannabis is always evolving as the stigma around marijuana is changing for the better. States are voting in favor of medical and recreational cannabis use, but things weren’t always this way and there still is a long way to go.
Many individuals who have been arrested and put in jail for marijunana related charges were done because of small infractions, and many of these individuals are minorities.
An analysis done by the American Civil Liberties Union shows huge disparities in 2010 for arrests pertaining to marijuana possession where blacks were 7.5 to 8.5 times more likely to be arrested than their white counterparts. Not only are minorities more likely to be arrested, they are also more likely to be sentenced to time in prison.
As the years have gone by and laws have been passed to legalize medical and recreational marijuana in many states, the result has led to a push in giving assistance to those who were once punished for minor cannabis related infractions. Many can participate in newly established legal markets through a variety of ways. One of these ways is through social equity programs.
Social equity programs help victims disadvantaged economically by the war on drugs. These programs help ensure that a certain percentage of local permits that are needed to operate in the cannabis industry are distributed between these individuals.
Minority business owners make up about 20% of all small businesses in the U.S, however, they provide the majority of the needed diversity to the business terrain. Many cannabis entrepreneurs work endlessly on their products trying to perfect their work only to be overshadowed by a bigger competitor. The products featured on The Marketplace come from an array of vendors and backgrounds, such as those who have been in social equity programs and those in minority groups.
Minority business owners are especially susceptible to financial difficulties due to COVID-19, due to the fact that they are in industries that are more likely to be affected by the pandemic, they are less likely to have a financial cushion to rest on, and they have a higher chance of missing out on government assistance.
Although this pandemic poses many obstacles for business entrepreneurs, you can help support small businesses. Here at The Marketplace by MGG we feature a variety of licensed minority-owned businesses with a wide range of brands and cannabis products to choose from. The best part is that 100% of the sales made by a business goes directly to them. All of our products are created, lab tested, and delivered to your doorstep by licensed minority businesses. Help support the ecosystem that supports minority-owned businesses from seed-to-sale by getting your cannabis products from The Marketplace by MGG.