ConnCORP, WorkPlace Collaborates to Help Black and Brown Entrepreneurs “Seize” The Cannabis Moment

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Black and brown entrepreneurs will learn about – and maybe even enter into – “joint ventures” with the help of a marijuana “manifest” that is in the works.

This manifesto – a handy translation and guide to Connecticut’s 300-page adult legalization of marijuana law – is one of many initiatives by the Alliance for Cannabis Equity (ACE), a new partnership aimed at helping minority entrepreneurs and workers who participate interested in joining, support the state’s most anticipated emerging new industry.

The Connecticut Community Outreach Revitalization Program (ConnCORP) and The WorkPlace, two organizations committed to empowering economic and human resource development by providing opportunities for “underserved residents”, held Tuesday at ConnCorp’s headquarters on Newhall Street in Hamden announced and described their collaboration on this project.

“For far too long, the creativity, ingenuity and ingenuity of this community have not been fully implemented,” said Carlton Highsmith, chief executive officer of ConnCORP. “The legalization of cannabis introduces a brand new growth industry in Connecticut. Hundreds, if not thousands, of new jobs will be created; Dozens of new companies are founded; and created millions, if not billions of dollars in wealth. “

Joseph Carbone, President and CEO of The WorkPlace noted that the cannabis industry is creating “the fastest growing jobs in this country” with “strong wages” that have the ability to lift the disenfranchised into the “middle class part of America.” Creating careers instead of just “jobs” and redressing “the wrongs of the past”.

Highsmith attributed the intent of the Cannabis Act to “ensuring that black and brown communities, adversely affected by different law enforcement policies over the decades, are not left behind but also benefit from this new industry.” ConnCORP’s alliance with The WorkPlace is about realizing that intent from the front-end to the back-end of cannabis cultivation, distribution, marketing, communication, etc.

CT.GovThe law itself allows for the eradication of past cannabis crimes and reserves half of all cannabis business licenses for people from neighborhoods believed to have been hardest hit by the war on drugs. In addition, up to 75 percent of cannabis sales will be devoted to a new “equity fund” that will be invested in these neighborhoods.

The state has developed a Social Justice Council to oversee, monitor, and facilitate the technical details of such elements of legislation. For example, on August 5th of this year, this council voted on which neighborhoods have been hardest hit by the criminalization of cannabis.

In accordance with these parts of the new law, ACE will match aspiring Black and Brown entrepreneurs with “trusted advisors”, provide them with free, one-on-one business advice, and connect them to training and development opportunities from The WorkPlace.

The ACE manifesto will serve as the basis for the Alliance’s efforts, the crew agreed. Once released, those in attendance at the press conference on Tuesday said they would be holding “Community Listening and Information Sharing Sessions” to bring interested parties together and connect them to the necessary resources. They also said they will make the manifest available to interested policy makers who could use it to continue developing financial implementation tools that will benefit people of color entering the cannabis business.

“On the one hand, this is about jobs; second, this is about business; third, it is about wealth; fourth, it is about justice; and fifth, this is about restorative justice, ”said Dr. Fred McKinney, founder of diverse business development consultancy BJM Solutions. He was selected by ACE to draft the manifesto. He said the new partnership aims to complement, not replace, the work of the Social Equity Council.

Andrea Comer, Chair of the Social Justice Committee, also attended the event. “We know that the Social Equity Council, all 14 members and I, can’t do it alone,” she told the audience. “We can’t do this in isolation. The opportunity for partnerships like this will only further strengthen our commitment to equity. “

The council is currently also tasked with drawing up a comprehensive workforce plan together with the labor, economic and community development and human resources departments. “There’s no sign of that,” said Comer. She arranges a meeting with capital workers, community colleges, and any community-based organizations willing to work together; ACE can play an important role in making these compounds.

The license is distributed via a lottery system; After the applicants are selected by the lottery, the Social Justice Council will decide whether the selected applicants will qualify. In December, Comer said the council will begin analyzing possible income and residency requirements, as well as business reviews that will determine which applicants will ultimately receive licenses.

McKinney noted that the manifesto should help its target audience of potential entrepreneurs – as well as policy makers – find answers to questions such as “What is a good, workable, and understandable joint venture?” especially since many people who apply for these licenses have to work with funders to get their businesses started.

The council can use these guidelines to inform its selection process. The goal, according to Comer, is to ensure that “the social justice claimant who steps forward with this partner actually has a stake in it … because what we don’t want are predatory institutions. What we don’t want are front men. “

Ct.GovMcKinney illustrated the current cannabis moment – including its natural risks and opportunities – by pointing out that a multi-state cannabis company closed a deal this month and signed two more to sell three other companies with marijuana dispensaries and a cultivation facility in Acquire Connecticut. Specifically, the company acquired Connecticut Pharmaceutical Solutions’ cultivation and manufacturing facility in Rocky Hill, an acquisition that included $ 113.25 million in voting shares.

“That tells you that the licenses that are awarded in a lottery are extremely valuable… When the entrepreneurs who want to start these businesses don’t have the support, the capital, the management support, the community support they’re operating behind the eight-ball, ”McKinney said.

“We have an opportunity out there,” summarized Carbone. “It’s our job to seize the moment.”

Written by: THREE FIFTH on November 23, 2021 6:13 pm

“For far too long, the creativity, ingenuity and ingenuity of this community have not been fully implemented,” said Carlton Highsmith, chief executive officer of ConnCORP. “The legalization of cannabis introduces a brand new growth industry in Connecticut. Hundreds, if not thousands, of new jobs will be created; Dozens of new companies are founded; and created millions, if not billions of dollars in wealth. “

Are you kidding? The legalization of cannabis when it comes to recreational marijuana is black’s new oppressor. Read the story. They give recreational whiskey to the Indians. In the 18th century, it had a sudden, devastating effect on a deeply ingrained way of life. In fact, a whiskey dealer named WC Gladstone described the trading ritual. Each Indian was given a sip of firewater as a starter. There was a speech that was washed down by another dram, then another drink until each man had swallowed five drams and was ready for business. The weekly trade left us with 600 horses and our warehouses were almost full. The whiskey was made from distilled alcohol mixed with chewing tobacco, red pepper, soap, molasses and red ink and was labeled “whoop-up juice”. It was cheaply made, addicting, and made huge profits for fur traders. In three years the whiskey trade brought more destruction to the prairie natives than a hundred years of tribal warfare. Trust me marijuana.

My friend the NY State Representative Charles Barron said it well. I just don’t understand how good recreational marijuana is for the revolution.

https://blackagendareport.com/reefer-legalization-not-good-revolution-says-new-york-lawmaker