Adult-Use Cannabis Social Equity Toolkit
September 29, 2022
As more states legalize adult-use cannabis and existing markets mature, estimates value the industry at approximately $44 billion in legal sales by 2025. However, the economic opportunities of this new industry are not equitably enjoyed. It is estimated that 81 percent of cannabis business owners are white and only 4.3 percent of owners identify as African American. This Adult-Use Cannabis Social Equity Tool Kit surveys the legal policies used by the 18 states with licensed markets to create a more inclusive adult-use cannabis industry, focusing on ten specific policy variables.