Jacquie Cohen Roth, MS’ Post

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Cannabis Industry Expert: Science I Policy I Education

Congratulations to University of Baltimore, Law Review for hosting the tremendous daylong “Law, Policy, and Maryland’s Cannabis Industry” symposium yesterday at the University of Baltimore School of Law! Following the keynote delivered by Maryland State Senator Jill P Carter, fireside chat with Will Tilburg hosted by Jonathan Havens, discussions on business, regulatory, and criminal justice perspectives, I had the exceptional opportunity to share my knowledge and insights on how to achieve social equity in the Maryland and U.S. cannabis industries as part of the panel discussion “Social Justice Perspectives” moderated by Khadyne Augustine, JD, LBSW and joined by Chanel White, J.D. and Dayvon Love. 🎯 When we talk about social equality and social equity, there is a clear distinction between the two. Our collective focus on achieving social equity means that we are working on eliminating disparities, recognizing that there are differences amongst all of us. Different tools and initiatives are required for individuals and communities. Whereas, social equality oftentimes neglects systematic oppression, e.g., access to capital for Black and Brown aspiring entrepreneurs and the positive economic impact of a cannabis business on an entire community, not just the license owners. ➡️ Not only do we need to create specific inititiatives such as the the most recent round of licensing in Maryland specific to social equity applicants where the Maryland Office of Social Equity (OSE) did an exceptional job of supporting aspiring entrepreneurs. The OSE, led by Audrey Johnson, delivered throughout the 2023-2024 application process under a crazy short timeline. We know that to achieve full success, programs and initiatives cannot end there. 💵Maryland’s successful social equity licensees are required to hold their license for five years before a sale. The five year mark is a critical point in the lifecycle for success in any industry - most businesses fail by the five year mark. Success at the five year anniveratry is even more exceptional for cannabis industry social equity entrepreneurs who face more obstacles for success. 🔜 Chanel White, J.D. alluded to the tools delivered by the Maryland Office of Social Equity soon to be made public to support success. Looking forward to those announcements! 👏🏼Congratulations to Devyn King, Renee Gast, and your law school colleagues on developing and executing the outstanding day and on your impending law school graduation! #cannabislaw #cannabispolicy #marylandpolicy #equityincannabis #marylandcannabis #leadershiptraining

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Renee Gast

J.D. Candidate at the University of Baltimore

5mo

Thank you very much for coming, for being a part of the day, and for sharing your knowledge! We appreciated having you on the panel.

Devyn King

J.D. 2024, University of Baltimore School of Law

5mo

Thank you for joining us! I enjoyed hearing your insights on fostering social equity within the cannabis industry!

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