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White men hold most executive positions in every industry. For a while, cannabis was breaking that trend. Despite the industry’s recent focus on social equity and diversity, ownership by women and minorities is plummeting.
as By MJBizDaily, the share of women in senior positions will drop from 36.8% in 2019 to 22.1% in 2021. Minorities fared even worse, falling from 28% in 2019 to 13% nationally in 2021.
This National Cannabis Business Association (NACB) has taken note. To draw attention to this issue and provide solutions, the Association will host a Social Equity Summit on December 9, 2021. Here are four compelling reasons to participate.
Gamification of this meeting
The 2021 NACB Social Equity Summit “Moving Forward: The Future of Social Equity” will be hosted on the Hyperfair platform hosted by the Emerge Virtual Cannabis Conference.
This virtual reality platform offers attendees the opportunity to interact as avatars in a virtual conference center. Explore an exotic virtual world as a character of your own design.
Participants can customize their avatars, exchange business cards, connect with each other via chat or video message, and participate in a series of virtual meetings.
Action options can motivate other attendees to participate. Raise your hand to ask questions, do a jig if you’re emotional, or clap your hands after an exciting discussion.
Become a stock expert
NACB has curated a series of concise sessions with actionable insights.After the event, participants should fully understand cannabis social justice, its challenges and solutions.
The first session, “Ending the War on Drugs: Today’s Solutions Come from Our Past,” will focus on the intergenerational trauma that marijuana prohibition has inflicted on minority communities. This topic is an appropriate introduction to the rest of the day.
The second discussion, “Consequences of incarceration: Getting out of jail but never free,” continues to examine the war on drugs.
Those arrested for nonviolent marijuana crimes, once released, will still face persecution for their crimes. The focus is on changing government and social systems that are used to oppress felons after they have served their sentences.
You can be an ally of change
The next panel will focus on the future Social Equity Program And how to inspire investment in the communities hardest hit by marijuana prohibition.
Whether you want to invest or seek to invest, this discussion should be lucrative.
There are also many associations in the cannabis space focused on creating an equitable industry for minorities through investment funds.
These linkages will be explored during the conference. Learn how to become a member or support the work they do.
NACB Summit Ends with the story of a social justice licensee. Panelists discuss their journeys, struggles and achievements, with a focus on how to improve the future of the industry.
Attendance is free and supports a worthy cause
While 2021 has been a bad year for cannabis diversity, there is hope for change. You can help by educating yourself and your peers with expert insights.
Registration for this summit is free and donations are welcome. Sign up here to register.
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