Building an Inclusive and Sustainable Cannabis Industry in New York State
The New York State Marijuana Regulation and Taxation Act, enacted in March 2021, legalizes the production, sale, and use of marijuana in New York State. Importantly, the law requires that 50% of all licenses be provided to “social equity applicants.” But this commitment to benefit communities most harmed by the War on Drugs is incomplete without also providing access to capital, technological expertise, and business support for licensees, and training and pathways to employment within the industry for justice impacted populations.
NYU CannaPolicy is partnering with NYU Stern Center for Sustainable Business (CSB) and NYU Silver to present a three-part series of conversations with the overarching theme “Building an Inclusive and Sustainable Cannabis Industry in New York State.”
On Tuesday, Nov. 1 at 5:30 p.m. EST. NYU CannaPolicy will host part 3 of this series: Challenges & Opportunities for Financing Social Equity in the Cannabis Industry. Joining us are cannabis policy experts Rafi Alayi Crockett, Dasheeda Dawson, and Cat Packer, co-authors of Not a SAFE Bet: Equitable Access to Cannabis Banking and executive board members with the Cannabis Regulators of Color Coalition (CRCC).
This conversation will center on three pieces of legislation that will shape the future of finance in the cannabis industry – and more importantly, the financing of social equity entrepreneurs and investment in communities harmed by prohibition.
Topics include:
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The SAFE Banking Act and overcoming barriers to startup financing for social equity applicants
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The MORE Act and opportunities for addressing racial inequity through community investment
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The SHIP Act and non traditional paths for transitioning legacy operators the legal industry
Tune in for Part 2 of the Building an Inclusive and Sustainable Cannabis Industry series: Equitable Employment, Education, and Public Health on October 27, 2022 from 5-7 PM.
NYU CannaPolicy is a collective of graduate students and alumni out of the NYU Wagner School of Public Service working to provide our community with the tools, resources, and education necessary to responsibly advance cannabis legalization, rebuild communities harmed by prohibition, and positively impact the development of the nascent cannabis industry.