A National Award-Winning Publication

Recreational marijuana bill to open the business door for minorities

Facebook
Twitter
LinkedIn

Recreational marijuana bill will foster minority participation in the cannabis industry by providing grants and loans to defray the costs of participating in the market.

Cannabis businesses are also required to submit an annual report on their employee and contractor diversity.

“The cannabis market has had significant negative effects on people of color both in terms of their lack of participation in the industry and the impact the illicit market has on minority communities,” Sandoval said. “These provisions are going to provide needed opportunities in this market for minorities and start repairing the damage that decades of marijuana prohibition have had on underserved communities.”

The Bill would allow individuals over the age of 21 to legally purchase and possess cannabis for recreational purposes in Illinois.

The measure would also allow for the expungement of minor cannabis offenses and create programs to encourage minority participation in the industry.

The legislation that should be signed by governor J.B Pritzker establishes the Recover, Reinvest and Renew Program (R3), which would provide grants to minority communities to help resolve the negative effects of the illicit cannabis market.

“Our criminal justice is incarcerating non-violent drug offenders who pose no threat to the public at an alarming rate,” Sandoval said. “It’s time to stop imposing overly harsh penalties on these men and women and allow them to integrate back into our society.”