America’s Weed Rush
Minorities struggle for footing in lucrative cannibis industry
WASHINGTON, D.C. – It takes more than an entrepreneurial spirit and knowledge of cannabis to open up a shop in the United States' rapidly emerging legal marijuana industry.
Aspiring marijuana business owners need a clean record and access to large amounts of both financial and social capital.
"It appears that there are three different pillars to being successful," said Corey Barnette, owner of District Growers cultivation center and Metropolitan Wellness dispensary in Washington, D.C. "One is actually being qualified, capable and having a good team, and the other one is just having the politics of the situation on your side. And then thirdly, having the financial resources on your side."
Experts said such requirements make breaking into the business even more difficult for minorities. "When you look at who owns dispensaries, if you look at who owns cultivation centers, who wins licenses...
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