Social Equity Licensing

Social Equity Licensing refers to policies designed to promote fairness and inclusivity in industries that have historically marginalized certain communities, particularly in fields like cannabis. These licenses allow individuals from disadvantaged backgrounds—often those affected by past drug laws—access to the market. The aim is to rectify inequalities and ensure that diverse groups can benefit economically. By prioritizing equity, these programs seek to create a more balanced industry, offering support in the form of financial aid, training, and resources to help these individuals succeed as business owners and entrepreneurs.