420 with CNW – LA Marijuana Equity Program Under the Spotlight
Nov 1, 2019
Recently in Los Angeles, people are questioning the integrity of the Social Equity Program for marijuana companies. The war on drugs adversely affected minority groups, people of color, and businesses from impoverished areas. The social equity program was supposed to give the impacted groups mentioned a headstart in the world’s booming marijuana industry. However, applicants from the social equity program complained at a recent meeting held by the Cannabis Regulation Commission in Los Angeles that they have not been accorded fair treatment.
During the meeting, it was also suggested that people who do not qualify to operate marijuana businesses are taking advantage of the social equity program. They collude with someone from the impacted communities during the application process and that person also acts as the go-to person when the businesses are granted licenses. The LA Social Equity Program is open to California residents who are interested, qualified, or non-qualified to operate…
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have a questions or are you interested in working with CNW420? Ask our Editor
CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
[email protected]
More News
Civil servant who juggled five jobs says he was 'surprised' to be charged with fraud
Kashim Chowdhury denied being dishonest when not telling employers he had other jobs.
Republicans Cut Taxes to Win the Midterms. It May Not Work Out.
Among the stakes in next month’s election is the long-running question of whether tax cuts can shape how people vote.
Fearing Mass A.I. Layoffs, Some in Congress Eye Ways to Aid Workers
A bill to bolster the nation’s unemployment insurance program reflects the concern — and the risks — in Washington.
A.I. and New Rules for Accounting Are an Opportunity for Start-Ups
Pennylane, a French company, has gained market share in its home country by helping accountants work with clients. It’s aiming to expand internationally.
Volvo Shares Plunge as China Ambitions Fade for Western Carmakers
The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.
What is PHP and why did it spark a global cyber-security scramble?
AI uncovered long-hidden programming flaws, triggering a rare global cyber-security response.
Island inflation rate rises to 3%, figures show
The rising cost of food and alcohol drives an increase in the inflation rate, figures show.
Earnings limit of up to £140K for first-time buyers loan scheme
The Your First Home scheme will offer government-backed loans for those buying new-builds in England.
A Tech Rotation Roils the Markets, Again
Investors are bracing for a one-two punch: rising oil prices and concerns about the soaring costs of the artificial intelligence buildout.
A Simple Way to Benefit From Rising Rates: Buy Money Market Funds
While higher interest rates are a complication for stocks and bonds, they are an unequivocal boon if you just want to park some cash and make a little money, our columnist says.
Trump’s Plan to Import More Ground Beef Is Falling Short
About a fifth of the 300,000 metric tons of lean beef trimmings have come through customs, six weeks through a program designed to lower prices.
Melanoma Vaccine Ushers in New Hope for Cancer Patients
Beyond melanoma, scientists are studying cancer vaccines for glioblastoma, pancreatic cancer and more.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.