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Cannabis Companies Closing Black Ownership Gaps

Tampa, Fla. – Black cannabis entrepreneurs are virtually non-existent in America. They constitute 2% of the businesses and less than 10% are owned by people of color. Not surprisingly, for decades Black and Afro-Latino communities have had much higher rates of incarceration for marijuana offenses. While this gap is being addressed in many states through social equity policy built into state medical and recreational marijuana laws, it’s clear that there is still significant ground to make up. As a result, the private sector is stepping up – including Parallel, the parent company of Florida’s Surterra Wellness, and Black Cannabusiness (BCB).

Tampan Scheril Murray Powell is the founder of Cannabis non-profit, Justus. She is seen here on the BCB Mastermind Cannabis Cultivation Tour in Wimauma Florida.
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