Why is LA's cannabis industry devastating black entrepreneurs?

Ol’Otis

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'This was supposed to be reparations' Why is LA's cannabis industry devastating black entrepreneurs?

Black merchants affected by the war on drugs are denied licenses and thrown into debt as white owners thrive



A Los Angeles government program set up to provide cannabis licenses to people harmed by the war on drugs has been plagued by delays, scandal and bureaucratic blunders, costing some intended beneficiaries hundreds of thousands of dollars in losses.

Black entrepreneurs and activists across LA told the Guardian that the city’s embattled “social equity” program has left aspiring business owners on an indefinite waiting list, causing potentially irreparable damage to their families’ finances and preventing them from opening marijuana shops they have been planning for years.

Fewer than 20 of the 100 businesses on track to receive a license through the program appear to be black-owned, according to estimates from advocates, who say the community most disproportionately targeted by marijuana arrests is again facing discrimination. And even some of those applicants now face precarious futures.



@Serious @calixprynce @Cali_livin @Supreme Clientele @Barnett114
@10bandz

it never should've been legalized
 

10bandz

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'This was supposed to be reparations' Why is LA's cannabis industry devastating black entrepreneurs?

Black merchants affected by the war on drugs are denied licenses and thrown into debt as white owners thrive



A Los Angeles government program set up to provide cannabis licenses to people harmed by the war on drugs has been plagued by delays, scandal and bureaucratic blunders, costing some intended beneficiaries hundreds of thousands of dollars in losses.

Black entrepreneurs and activists across LA told the Guardian that the city’s embattled “social equity” program has left aspiring business owners on an indefinite waiting list, causing potentially irreparable damage to their families’ finances and preventing them from opening marijuana shops they have been planning for years.

Fewer than 20 of the 100 businesses on track to receive a license through the program appear to be black-owned, according to estimates from advocates, who say the community most disproportionately targeted by marijuana arrests is again facing discrimination. And even some of those applicants now face precarious futures.



@Serious @calixprynce @Cali_livin @Supreme Clientele @Barnett114
@10bandz

it never should've been legalized


exactly why I voted no smh.....really wish they would've just expanded the medical program. There'd be issues still but much less.

A cac i know in the game was just telling me the other day he has an armenian friend that comes from money that has been trying to get a social equity license. They finessing the game crazy and of course black people have been taking the L.

The legal cali market is about to implode and I hope it does to keep it a buck. Let those corporations in the game go bankrupt and we can start back from scratch with an open market and no license caps.
 
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