Perspectives on Social Equity in Cannabis and R&D Horizons

Perspectives on Social Equity in Cannabis and R&D Horizons with Jim Makoso today on NCIA's Cannabis Industry Voice only on Cannabis Radio. We saw Jim in Detroit recently where we hosted a social equity workshop and Jim and I chatted a lot about what’s happening in the industry. NCIA has a DEI Committee as well as a DEI Scholarship Program for licensees. We start by talking about those state-by-state programs that are writing social equity licensing provisions into their state laws at the get-go rather than as an afterthought. Massachusetts was one of the first to do so. That’s an encouraging step in the right direction at the state level. In Jim's home state in Washington, there are still some struggles there in getting full equity in their cannabis program. With that, we talk more about what Jim is seeing on the ground there. As far as what else is on the horizon for our industry, I get really excited when we see more sophisticated research and products with various cannabinoids, not just the old CBD and THC “salt and pepper” combo. Now we can buy gummies specifically designed for sleep that features the cannabinoid CBN or CBG. We discuss what Jim is seeing out there as far as new products.