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Black and brown business owners getting millions to kickstart businesses in the cannabis industry
and last updated 2021-05-28 13:47:04-04
DENVER, Colo. â More Black and brown people have criminal records for possessing or selling marijuana, but as more states legalize cannabis, those same people make up a small percentage of business owners in the industry.
For the families who lived through this very scenario, itâs painful and tough to overcome.
âMy dad served 21 years in prison for something that people are making billions of dollars off of every single year,â said Arzelle Lewis, a Denver entrepreneur, who is now trying to get into the cannabis industry himself.
In an effort to curb a rising tide of abuse by teens and young adults, Colorado lawmakers are seeking to crack down on high-potency marijuana concentrates under a bipartisan bill
When it comes to talking about minority business owners in the cannabis industry, longtime Democratic operative Hashim Coates wants to make sure Black Brown and Red Badged is front and center of the conversation.Â
The group, founded in 2019, represents Black and brown red badge holders, shorthand for those who own a licensed cannabis company. In February, BBRB hired Coates as its executive director.
We caught up with him to discuss his roots in the Colorado political scene, his vision for Black- and brown-owned cannabis businesses and his interest in the cannabis industry.
Colorado Politics: How did you come to be involved in the world of politics? Where did that all start off?
The new bill would put limits on younger medical marijuana users, require new packaging for concentrates, change how coroners collect toxicity reports and more.