$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, which will deploy $500K initially …
MCBA, Merida Walking The Walk For Social Equity In Cannabis And Hemp
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 traditional sources like banks. Trying …
MCBA announces new Board of Directors and 3 major events for 2019-2020 term
For immediate release: MCBA announces new Board of Directors and 3 major events for 2019-2020 term Primary Press Contact: Jason Ortiz, President 860 639 8101, jason@minoritycannabis.org Secondary Press Contact: Kaliko Castille, Vice President 503-753-5836, kalikocastille@gmail.com WASHINGTON, D.C. — The Minority Cannabis Business Association (MCBA), the only nationwide trade association representing the interests of minority-owned businesses and their …
MCBA applauds introduction of Small Business Administration bills spurred by recent MCBA congressional testimony
For immediate release: MCBA applauds introduction of Small Business Administration bills spurred by recent MCBA congressional testimony Primary Press Contact: Shanita Penny, MCBA President 202-681-2889, shanita@minoritycannabis.org Secondary Press contact, Jason Ortiz MCBA Vice President 860-639-8101, jason@minoritycannabis.org Washington D.C.- The Minority Cannabis Business Association celebrated a victory Friday, applauding Congresswoman Nydia Velazquez and others who introduced multiple bills to …
MCBA Determines that Los Angeles’ Social Equity Program Falls Short of Goals
For Immediate Release MCBA Determines that Los Angeles’ Social Equity Program Falls Short of Goals Denver, Colorado is Next as it Begins Social Equity Conversations Los Angeles, June 27, 2019 – Recently, the Minority Cannabis Business Association (MCBA) released findings from the Social Equity Report group commissioned in the city of Los Angeles in May of 2019. The case study scores …
For Immediate Release MCBA Determines that Los Angeles’ Social Equity Program Falls Short of Goals, Denver Colorado is Next as it Begins Social Equity Conversations Los Angeles, June 27, 2019 – Recently, the Minority Cannabis Business Association (MCBA) released findings from the Social Equity Report group commissioned in the city of Los Angeles in May of 2019. The case …
MCBA President Shanita Penny to testify before congress in support of access to Small Business Administration by Cannabis Businesses
For immediate release: MCBA President Shanita Penny to testify before congress in support of access to Small Business Administration by Cannabis Businesses Primary Press Contact: Amber Littlejohn, MCBA Policy Director 202-769-9970, amber@minoritycannabis.org Secondary Press contact, Jason Ortiz MCBA Vice President 860-639-8101, jason@minoritycannabis.org “The undeniable effects of the drug war are hampering equity in the industry,but together, we can address …
MCBA Engages in Case Study to Rate Efficacy of Los Angeles’ Social Equity Program
For Immediate Release MCBA Engages in Case Study to Rate Efficacy of Los Angeles’ Social Equity Program Denver, Colorado is Next as it Begins Social Equity Conversations Los Angeles, March 26th – Today, members of the Minority Cannabis Business Association (MCBA) announced plans to take score of social equity policies implemented by the city of Los Angeles intended to increase …
The Minority Cannabis Business Association Announces 2018 Board Members
The Minority Cannabis Business Association has elected its Board of Directors to serve the 2017-2018 term. This year’s group consists of a stellar group of business owners, policy makers and accomplished activists. Each member represents a diverse background of professions, perspectives and cultures of the growing cannabis market. The list of MCBA Board Members is as follows: Jesce Horton, Chairman …