The City of Denver recently released a report which found that 75% of cannabis business owners are white, 6% of owners and cannabis industry employees are Black or African American, 13% of cannabis business owners are Hispanic, Latino, or Spanish and 12% of cannabis industry employees are Hispanic, Latino, or Spanish.
We anticipate that many states and cities will follow suit and adopt similar social equity initiatives and permanently relax certain regulations that were initially adopted as a temporary response to the pandemic.
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