The city of Detroit has hired entrepreneur incubator Detroit Cannabis Project to run technical training seminars for a complex industry that hasn't fully unfolded in the city amid litigation. Rebecca Colett, founder of the incubator and CEO of wholesale cannabis brand Calyxeum, said Detroit…
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Rebecca Colett, CEO of Calyxeum and founder of the Detroit Cannabis Project, and LaToyia Rucker, COO of Calyxeum. Social equity opportunities seem to be a very popular entryway into the Michigan cannabis business. That makes sense. Nearly 200 municipalities, including all of the state s largest cities, qualify for the fee-reduction and business-resource program. Social equity provisions only apply to recreational licensing, not medical. The basic idea of social equity is to help restore communities that have been disproportionately impacted by marijuana prohibition and enforcement by giving them a leg up in making some money off the thing that caused them so many problems. This even extends to individuals. The Marijuana Regulatory Agency offers a 40 percent licensing fee reduction to people with felony marijuana convictions, and a 25 percent reduction to those with misdemeanor convictions. Sort of a the badder you were then, the better for you now approach.