NY Cannabis Social Equity Investment Fund Problems Offers Lessons for NJ
To address access to capital for cannabis entrepreneurs, the NY Cannabis Social Equity Investment Fund was established. NJ can learn from it.
To address access to capital for cannabis entrepreneurs, the NY Cannabis Social Equity Investment Fund was established. NJ can learn from it.
NJ Cannabis Insider (NJCI), an arm of NJ.com, held a cannabis industry event at Zeppelin Hall in downtown Jersey City recently. Launching Jersey City Cannabis Dispensaries Jersey City Ward D Councilman Yousef Saleh, who represents the Heights in the north of the city, touted Jersey City cannabis there. “There’s been good progress on the local […]
A conference was held in Williamsburg, Brooklyn discussing issues in the business of cannabis like access to capital and how it affects entrepreneurs, especially minorities. It was held by the Business of Cannabis, a Canadian-based cannabis news site. Business of Cannabis President Jay Rosenthal reviewed the progress New York state is making with cannabis. He […]
The Minority Cannabis Business Association (MCBA) released a report focusing on cannabis Social Equity across the state markets. They did so with support from the Arcview Group, Weedmaps, and the cannabis company Parallel. According to the report, only 15 states have social equity programs, including New Jersey. However, none have created an equitable cannabis industry […]
Cognitive Harmony Technologies (CHT) Accelerator has received a $100,000 donation from Pangaea Health and Wellness, LLC. They will assist five companies chosen for scholarships for NJ cannabis social equity license applicants. Pangea hired Harvest 360 to help them. They are for five applicants to be able to use their service. NJ.com and the NJ Veterans […]
Senator Troy Singleton (D-Burlington) is advancing a bill to help NJ minority cannabis entrepreneurs seeking to enter the medical cannabis industry access capital in New Jersey. He is passionate about legalization and creating a just cannabis industry. “The War on Drugs for low-income Black and Brown communities has done nothing but hold those communities back,” […]
Long-time NJ cannabis advocate and entrepreneur Patrick Duff runs a full-service cannabis and CBD business called Kaneh Kare in Philadelphia. Duff believes in utilizing a religious exemption to bypass cannabis prohibition. So, he is an ordained reverend. Thus, Duff first opened a temple in Kensington where cannabis could be used. When asked, Duff categorized his […]
The New Jersey Cannabusiness Association (NJCBA) held an event for state and local officials today at the Trenton War Memorial. It featured a variety of local politicians and legislators from various municipalities throughout New Jersey. The event was facilitated by Cannabusiness Association President Scott Rudder. CannaBusiness Association Education There is an assumption that cannabis will […]