After California legalized cannabis for recreational use in 2016, Oakland was one of the first cities to grant equity licenses to Black entrepreneurs.
However, a deeper look into the city’s cannabis industry by The New York Times shows the hope of righting historical wrongs is being challenged by troubled business conditions, high taxes, and high-scale robberies.
Alphonso Blunt, a Black man arrested in 2005 for possession, was among the first Black entrepreneurs to be granted an equity license in the state to run a cannabis store, Blunts and Moore.
Original author: Cannabis News