Despite broadly stated support for addressing the harms of cannabis prohibition and creating diversity in the cannabis industry, the barriers to entry for minority operators have continued to stifle progress to advance social equity efforts. As we look to fulfill the promises made through “Social Equity 2.0”- a reconciliation of social equity commitments with social equity policy- we must first …
Announcing our New Communications Manager!
Our team at MCBA is expanding and we’re thrilled to welcome Precious Osagie-Erese as our new communications manager! Precious comes from a merged background of journalism, political communications and cannabis entrepreneurship. We’re beginning to take a more strategic path in alerting our members, advocates, lawmakers and industry stakeholders on the work that MCBA is doing to ensure equity remains at …
MCBA statement on Virginia Bill SB107 that eliminates Cannabis Equity Reinvestment Fund
Last year, Virginia legalized cannabis with comprehensive equity provisions. This year, the new Republican-led government seeks to reverse equity provisions starting with SB107 that would eliminate the Cannabis Equity Reinvestment Fund and steer 30% of the tax revenue to the general fund. The Fund would have: Supported persons, families, and communities historically and disproportionately targeted and affected by drug enforcement; …