Cannabis Trade Federation forms group to tackle industry’s diversity dilemma

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marijuana diversity, Cannabis Trade Federation forms group to tackle industry’s diversity dilemma

The Cannabis Trade Federation (CTF), a national coalition of marijuana-related businesses, formed a high-powered task force aimed at developing a practical strategy to increase diversity in the MJ industry.

Current social equity programs simply aren’t working, CTF CEO Neal Levine told Marijuana Business Daily, adding that “zero equity applicants have opened their doors in Massachusetts.”

“The best way to do this is have some of the best minds figure it out.”

The task force includes civil rights leaders along with a diverse group of cannabis industry professionals.

That panel will work with members of the CTF board to develop and implement a diversity, equity and inclusion policy for the industry to be adopted by the organization’s full board.

Upon adoption of the policy, Cannabis Trade Federation-member companies will have to agree to the policy as a requirement of membership.

The CTF currently has about 100 members, Levine said. The trade group is perhaps best known for its lobbying efforts for federal marijuana reform.

“We’ll probably see model legislation come out of this as well,” Levine said of the task force’s work.

The panel, which will be chaired by Linda Mercado Greene, owner of a Washington DC medical marijuana dispensary, will be charged with developing benchmarks and goals to measure the industry’s progress.

The 26-member task force includes:

  • NAACP President and CEO Derrick Johnson
  • National Urban League CEO Marc Morial
  • Akele Parnell, corporate counsel, Green Thumb Industries
  • Former U.S. Congressman Carlos Curbelo, a Florida Republican
  • Laura Murphy, former director of the Washington DC office of the American Civil Liberties Union
  • Karen Boykin-Towns, vice chair of the NAACP