Equitable Opportunities Now
“Massachusetts made history with a nation-leading economic empowerment law when they legalized cannabis with Question 4, and nearly six years later, Gov. Baker and the Massachusetts Legislature have made history with this vital — and overdue — grant and loan fund,” said Equitable Opportunities Now Co-Founder and Question 4 Co-Author Shanel Lindsay.
“This bill is an important step forward in undoing the harms of prohibition and over-policing and will provide an important path for families of color to create jobs in their community and generate generational wealth.”
“Massachusetts made history with a nation-leading economic empowerment law when they legalized cannabis with Question 4, and nearly six years later, Legislators today made history with this vital — and overdue — grant and loan fund,” said Equitable Opportunities Now Co-Founder and Question 4 Co-Author Shanel Lindsay
Calling the bill “important” and repeatedly expressing his desire to have a bill on his desk before the end of session, the Governor referred to cannabis equity and local licensing reform as among the “key priorities” in the bill.
“..although Massachusetts led the nation by being the first state to require cannabis regulators like us to create economic empowerment pathways for communities most harmed by the war on drugs, we lag behind other states that have created, among other solutions, funds for small businesses to access capital. A final bill to create a fund for Massachusetts with 20% of excess tax revenue will help to level the playing field for our residents.”
Under the state’s current social equity program, only 23 of the state’s 253 licensed cannabis businesses are owned by entrepreneurs qualified for the economic empowerment and social equity programs administered by the Cannabis Control Commission. Shanel Lindsay, the co-founder of the advocacy group Equitable Opportunities Now, praised lawmakers in the House for the change and urged senators to retain the higher percentage in a compromise version of the bill.
“We are excited and thankful to the Senate for pushing this bill forward, but disappointed by the low allocation to the equity fund,” said Shanel Lindsay
Today is a great day to send your input to the Cannabis Control Commission regarding updates to the designated areas of disproportionate impact. OUR COMMUNITY INPUT IS CRUCIAL FOR OUR […]
“Despite the fact that we worked tirelessly for over five years, minority ownership is almost non-existent. So yes, we should be angry and offended when, as we’re starting to make small steps towards equity in these delivery licenses, that like clockwork the same corporate interests focused only on preserving their unearned monopoly come in to push back on equity and to crush us.”
It’s 2019 – the start of an undeniably important year for the MA cannabis industry. At EON, we are bringing all our resources to bear to help ECON applicants get across the finish line & get as many community members as possible connected to the industry, whether that’s as an owner, employee, or activist.