Kiana Hughes, executive director of Chicago NORML, which advocates for minority opportunities in the industry, says there are too many obstacles when it comes to opening a dispensary.
In 2019, Illinois passed what has been called by some one of the most equitable marijuana legalization laws. One of its purposes was to ensure Black and Brown people had an opportunity to own stores in the state. But more than two years since its passing, many of those trying to get a license to operate a marijuana retailer say state regulations make it nearly impossible to raise money to open their businesses.
“One of the rules … is being interpreted [as] saying that you cannot sell or exchange any portion of ownership or equity in your company in order to get investors for your business,” Hughes said, adding that this makes it very difficult for license owners to raise capital and open their doors.
Mitchell says these are nuanced debates that need to be had for the future of social equity in the industry.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Multiple stabbings under investigation at Riverside Corrections Facility in HolmesburgAuthorities report three stabbings within three days inside the prison.
Baca lebih lajut »
2023 Lexus RX First Drive Review: Bold colors, three hybrids, irksome tech | AutoblogEverything to know about the new Lexus RX, including the RX 350, RX 350h, RX 450h+ plug-in hybrid and RX 500h F Sport Performance
Baca lebih lajut »
Argentine Tax Authority AFIP Strengthens Supervision, Finds Three Clandestine Cryptocurrency Mining Farms – Regulation Bitcoin NewsThe Argentine tax authority (AFIP) has its eye on illegal cryptocurrency mining and has already detected three clandestine cryptocurrency farms in the last week.
Baca lebih lajut »
Rivals.com - Three-Point Stance: LSU’s outlook, Texas-Bama, Irish in Mid-South
Baca lebih lajut »
Rangers prospect Josh Jung took three vital steps in preparing for MLB debutARLINGTON — Over the last month, Josh Jung took three vital steps in getting ready for an approaching MLB debut that finally started to feel realistic. He...
Baca lebih lajut »
Three New Renault EVs And An Alpine Concept To Debut In Paris | CarscoopsThe retro-flavored Renault 4 will share the stage with a fully electric Kangoo E-Tech, and a mysterious Alpine concept
Baca lebih lajut »