As recreational cannabis moves east, it appears most social programs have a poor track record, despite all of the rhetoric.
Jeff Smith, of Marijuana Business Daily (@MJBizDaily) pointedly asks, regarding the newly announced New York State initiatives, “…will it fall short of its lofty aspirations as so many other social equity programs across the country have?”
The program in New York has been widely hailed as the most ambitious and fair-minded to date. Among those who have complimented the New York initiative is Steve Hawkins, Executive Director of the Marijuana Policy Project (@MarijuanaPolicy).
Participants in the industry need to have a perspective on the sincerity- or lack thereof- of the legislators and regulators they are dealing with in their respective states. And this is where the need for quality data comes into play. Quite simply, quality data regarding the issues that need to be addressed and the track records of those in a position to address them will be a valuable tool in the hands of effective activists.
There is an active discussion around which communities have been harmed by past cannabis laws, how those communities are defined, especially as demographics change, exactly what “harm” means, and exactly what should be done in the present.
In Mr. Smith’s article, Amber Littlejohn of the Minority Cannabis Business Association (@MinCannBusAssoc) is quoted as saying “not enough money has been invested in research to determine exactly which communities have been harmed by marijuana prohibition” and asks “how are microbusinesses going to be defined?”.
Again, this reinforces the need for quality, consistent data across the industry. And this data must be accessible to entrepreneurs as well as conglomerates.
This is where the Mid Atlantic Growers Association comes in.
Specifically, once properly capitalized, the Mid Atlantic Growers Association will commission best in class business and legal research and, with the proper disclosures, make this information freely available to members and in some cases, the public. This will allow small, newer cannabis businesses and activists who are trying to shape the overall industry landscape to compete effectively against better funded players for resources, talent and market share.
Our capitalization strategy will focus on the sale of logo merchandise through the Catalog section of this website.Please watch this blog (bookmark it!) in the coming weeks and months as we address these and other issues.