The Minority Cannabis Business Association (MCBA) is the first 501(c)(6) not for profit business league created specifically to progress the cannabis industry by increasing diversity. Our mission is to create equal access for cannabis businesses and promote economic empowerment for communities of color by creating policy considerations, social programming, and outreach initiatives to achieve equity for the communities most affected by the war on drugs.
A nationwide network of cannabis business owners within a variety of disciplines, including ancillary businesses
For creation and fair enforcement of sensible, equitable policies
Increased cannabis industry growth by ensuring patient and consumer access to the most people
As a voice for the minority population with programs that foster opportunity, education, and equality
Increase the number and success of minority business owners and career professionals by assuring equal access to industry opportunity and promoting positive practices
Assist in reducing the number of people imprisoned with non-violent cannabis offenses and ensure people with non-violent cannabis offenses have fair access to the cannabis industry
Increase knowledge in minority communities on how cannabis can be an effective medicine and safe consumer good
In 2020, states with legal adult-use and medical cannabis laws are flooding with cash, from Nevada and Massachusetts to Illinois (which reportedly sold over $11 million-worth in a week); they’re also troublingly behind on quality, consumer access, and especially their social equity. As state leaders like New York Governor Andrew Cuomo prepare to launch new cannabis platforms of…
$500K Investment to Help Growth of Five Minority-Owned Businesses in Cannabis and Hemp Industry; In Addition to Capital, i2 Accelerator Recipients to Receive Access to Mentorship, Training, Networks and Tools to Help Businesses Rapidly Scale NEW YORK–(BUSINESS WIRE)–Minority Cannabis Business Association (“MCBA”) and Merida Capital Partners (“Merida”) announced the winning recipients of investment through the Inclusive Industry (“i2”) Accelerator,…
Access to capital remains the most important factor curbing the establishment, expansion and growth of minority-owned businesses, a recent report out of the U.S. Department of Commerce’s Minority Business Development Agency says. Now, this trends seems to be magnified and exacerbated in the cannabis and hemp sectors, where businesses already face enough hurdles when seeking capital from…
