Social Equity In Cannabis is An Absolute Farce - $50k Liscence, $500k Start Up cost, etc.
That's not even mentioning the absurdity of the state calling this a movement to benefit the disproportionately effected, which are the minorities due to the happenstance that is illicit cannabis on a prohibited drug market classified as a schedule 1 substance. However, the lay out of the liscences aligns more with Crime than with race and the black dominated areas surrounding Baltimore that receive 1 or no liscences, yes The most violent areas in the state are recieving over 60% of all the 89 liscences available to Marylands entrepreneurs.
Well available to the entrepreneurs who jumped through all the proper hoops and for example, knew about the less than advertised pre determination date in October 2022 for stipulations the state didn't release for over a year later. You were literally just supposed to guess about a $500,000 minimum investment.
There are markets just as new as Maryland in terms of legalization in this country who charge less than $3k for a liscence.
And we haven't discussed how 75% of the initial Market was and still is owned by rich white MEN. one of whom was a main pusher of the social equity, no competition marketplace ruled by industry and bought out one of the only female owned dispensaries in Maryland, after they went under unable or unwilling to pay the fees being required by the state to operate A "DUAL MARKETPLACE".
10% OF THE Industry IN MARYLAND IS black contribution, and 75% of that is one company, GLeaf Medical.
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