How Systemic Racism and Wealth Inequality Limit Diversity in the Cannabis Industry
- Racial disparities in legal prosecutions and through inequity in wealth serve as barriers to many Black and Brown entrepreneurs.
- Between 2010-2018, despite comparable usage rates Black people were 3.64 times more likely than White people to be arrested for marijuana possession. (ACLU)
- In 2015, more than 643,000 people were arrested for cannabis violations; 89% were charged only with possession (Cage-Free Cannabis).
- Over the past decade, 15.7 million people have been arrested for marijuana offenses.
- In some states, cannabis arrests preclude participation in the legal industry.
- In 2016, the average wealth of White families was more than $700,000 higher than that of Black or Hispanic families. (Urban Institute).
- In 2017, 81% of business owners/founders in the cannabis industry were White; approximately 4% were Black, and fewer than 6% were Hispanic/Latino. (MJBiz Daily)