Denver’s marijuana businesses lack diversity in ownership and employment, city study finds

The Denver Post reports…

City officials conducted the study to inform future policy decisions related to social equity

The majority of Denver’s cannabis-focused businesses are owned and staffed by white residents, leading to a lack of opportunities for people of color to get involved in the industry, according to a city study released Monday.

According to Denver’s Cannabis Business and Employment Opportunity Study, 74.6% of owners of licensed cannabis businesses within city and county limits are white, as are 68% of employees.

Hispanic, Latino and Spanish residents account for 12.7% of cannabis business owners and 12.1% of industry employees, while black and African American residents make up 5.6% of ownership and 5.9% of industry employees, the study found.

Read more at. https://www.denverpost.com/2020/06/08/denver-marijuana-cannabis-industry-racial-diversity/

 

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