The cannabis industry is undergoing transformative changes with a heightened focus on social equity, moving beyond mere legalization to remedying the injustices caused by the War on Drugs.
Social equity programs aim to support BIPOC communities disproportionately affected by cannabis prohibition, providing financial help for expungement and mentorship for entering the cannabis industry.
Despite the advancements in social equity, high entry costs and complex regulations continue to pose barriers for marginalized communities attempting to access the cannabis industry.
Consumers are increasingly drawn to local cannabis producers, particularly craft farmers, who prioritize quality and sustainability over mass production, highlighting a shift in market preferences.
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