On Wednesday, the City of Los Angeles revised its formula for determining who counts as a social-equity candidate, among other tweaks to the struggling program.
The relatively rich will now have a harder time gaming the system to snag licenses.
Los Angeles Times
- Based on previous criteria, affluent applicants could qualify because the L.A. program identified over-policed neighborhoods by zip code, which can encompass a variety of wealth/need profiles. The city’s Department of Cannabis Regulation will now narrow the eligible areas to police-reporting districts only.
- Applicants now must have a cannabis arrest or conviction on their records. Also, LA will switch from its controversial first-come, first served licensing approach to a lottery system.
Quick Hits
- Looking to promote social equity with Southern California brands whose owners are people of color? Here are a lot.
Los Angeles Magazine - If you aren’t reading Ophelia Chong’s series of interviews with Asian entrepreneurs, you’re missing important perspectives on cannabis business culture.
Green Entrepreneur