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Social Equity

Social equity in cannabis. News and data on efforts to improve diversity and social justice in marijuana business.

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Nevada gives final approval for marijuana consumption lounges

By MJBizDaily Staff · June 29, 2022
Nevada regulators have at long last finalized rules that open up the state’s cannabis market to an estimated 60-65 marijuana consumption lounges, a move long welcomed by an industry eager to take better advantage of the state's bustling tourism industry. Read More

Finger-pointing in Arizona over marijuana social equity hurdles

By John Schroyer · June 29, 2022

New York appoints chief equity officer to oversee marijuana diversity efforts

By MJBizDaily Staff · June 28, 2022

California bill would kill marijuana cultivation tax, keep excise tax at 15%

By MJBizDaily Staff · June 27, 2022

Key marijuana tax reforms absent in California budget blueprint

By Chris Casacchia · June 27, 2022

Connecticut draws 37,000 applicants for 56 adult-use marijuana licenses

More than 37,000 applications have been entered into lotteries for an initial round of 56 adult-use marijuana licenses in Connecticut, including 23,487 applications for 28 social equity licenses.

June 23, 2022
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New York chooses management for state’s marijuana social equity fund

The state of New York has chosen “premier minority-led investment team” Social Equity Impact Ventures to manage its $200 million marijuana industry social equity investment fund.

June 23, 2022
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New York spending $200 million on marijuana social equity properties

New York is set to inject $200 million into the local marijuana real estate market, leasing up to 150 retail properties that will be given to social equity businesses to give them a leg up in the state’s new recreational market.

June 21, 2022
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IL judge lifts order keeping marijuana growers from prepping for launch

An Illinois judge cleared the way for 88 craft marijuana growers to prepare to start planting as he reversed a restraining order he issued on behalf of a dozen cultivation applicants who lost cannabis license bids.

June 16, 2022
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Marijuana banking could pass this year with criminal expungement, reports say

The passage of federal cannabis banking reform is considered possible this year, provided it’s combined with an existing marijuana expungement bill, according to published reports.

June 10, 2022
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As New York develops adult-use marijuana rules, equity concerns emerge

New York’s plan to create a diverse, multibillion-dollar adult-use marijuana industry is in danger of slipping from its high goals, according to critics, making it potentially the latest social equity program to experience a less-than-smooth start.

June 7, 2022
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Vermont OKs seven more recreational marijuana cultivation licenses

Seven additional cannabis grow licenses were approved in Vermont as the state increases suppliers for a recreational marijuana market that’s expected to launch in October.

June 3, 2022
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Latest News

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After legal setback, hemp extractors hope DEA won’t make any big moves

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Auxly sells cannabis cultivation facility in Nova Scotia, yielding CA$6 million

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