Why New York’s Cannabis Equity Program Is Stranding Women Entrepreneurs

By Politico on March 12, 2023

Fewer than 15 percent of licenses for retail shops have gone to female applicants.

Women weed entrepreneurs who applied for New York’s first retail licenses are being left behind in the state’s effort to establish an equitable cannabis market.

Since launching the program in August, New York regulators have awarded dozens of licenses to entrepreneurs who had an immediate family member convicted on marijuana charges or have a record themselves. While those priorities were written into the program to make up for decades of disproportionate criminal enforcement, particularly in communities of color, the rules are having the unintended consequence of leaving women entrepreneurs out.

– Read the entire article at Politico.