Former NBA All-Star Chris Webber has teamed up cannabis investor Jason Wild, who runs the New York based investment firm JW Asset Management, to launch a $100 million private equity fund for minority cannabis business owners. The fund will “level the playing field” for BIPOC entrepreneurs who want to break into the booming cannabis industry but lack the access to funding and resources.
Former NBA Champion Matt Barnes has partnered with California-based online cannabis marketplace and delivery service Eaze to advise their board of directors on “cannabis policy, social impact, and industry relations,” and help the company launches its Momentum accelerator program nationally.
Democratic presidential nominee Joe Biden and running mate Sen. Kamala Harris will sit down with ABC’s David Muir for their first joint television interview on Sunday evening. Cannabis industry professionals will no doubt be tuning in to see if Biden and Harris are questioned about marijuana. Can Harris push Biden to support federal adult-use cannabis legalization?
Dozens of cannabis businesses across the U.S. sustained costly damages over the weekend when demonstrations over the death of Minneapolis man George Floyd turned violent and widespread vandalizing and looting in several major cities began.
As cities and states increasingly decriminalize and legalize cannabis, public policy is trending toward expungement. It’s a start, and it’s one that’s happening at various speeds across the country. But justice doesn’t just mean pardoning those with low-level marijuana convictions. It means actively offering public and private programs to ensure minorities get more than an equal shot.
The coronavirus pandemic has forced thousands of “non-essential” businesses to temporarily shutter as America works to slow the spread of COVID-19, the disease caused by the novel coronavirus. One industry still deemed essential during the outbreak, however, is marijuana. A majority of Americans agree that cannabis is essential, according to a recent YouGov poll.
A new group of polls indicates that Americans are increasingly in favor of legalizing cannabis. A Marist Poll recently found that 62% of adults believe federal marijuana legalization is a “good idea.” Meanwhile, a new Fox News survey of 1,000 registered voters also found that 63% favored the national legalization of cannabis for recreational use.
Two-thirds of Americans still support federal legalization of cannabis according to a new Gallup survey released on Wednesday. The analytics and polling firm shared the results of its annual crime survey, which was conducted in early October and found that 66% of U.S. adults were in favor of legalizing cannabis.