Let’s face it, ladies, we rock! From raising families to running successful businesses, women have a knack for doing awesome shit. Unfortunately, women and minorities have been pushed aside in many industries that have come to be dominated by Caucasian males. While there is nothing wrong with these individuals being in positions of power, it was only a matter of time before women and minorities would find their place. That time seems to be now, and the place is within the cannabis culture, industry, and community.
We are not only leading; we are dominating this sector with our presence, and it cannot be ignored. Unfortunately, many women and minorities alike still face drastic obstacles and much stigma for choosing to support the goddess plant and/or working in the sector.
The War on Drugs and Minorities Continue
Speaking of working in the sector, there is one outlying piece of proof that shows the war on drugs continues to be aimed at women and minorities. This evidence lies in the fact that legal immigrants can still be deported for cannabis even if they possess it legally under state law. They can also face deportation for merely working in a cannabis-related business in a legal market. This is all because of the grey area between state and federal law. Thankfully, “The Removing Marijuana from Deportable Offenses Act” was just introduced and could end this atrocity once and for all.
Advocating for a Brighter Future of Inclusivity
Today, you can find various organizations, many of which are led by women and minorities that are aimed at removing the stigma surrounding this plant as well as increasing the opportunities for people within these demographics in the cannabis space. Some of these organizations include the National Diversity and Inclusion Cannabis Alliance, the Minority Cannabis Business Association, and Minorities for Medical Marijuana.
From helping low-income individuals get their records expunged to opening doors for minorities to enter the legal cannabis industry, these organizations are paving the path for greater diversity throughout the cannabis community.
What the Stats Say About Women and Minorities in the Legal Cannabis Industry
When it comes to women, well we are simply kicking ass! According to reports by MJBizDaily, the national average for women holding executive positions is 23% in other industries. In cannabis, however, women hold nearly 26% of all executive positions. When it comes to specific business niches, it seems women are all about ancillary services and testing based businesses. Women own more than 43% of ancillary services that cater to the cannabis industry and 33% of businesses in the cannabis testing sector.
Sadly though, the numbers surrounding minority business owners aren’t quite as promising though they are looking much more elevated than the national average. Here’s what the stats report.
Minorities hold around 17% of executive positions at cannabis businesses while the average across all U.S. businesses as a whole is only 13%. When it comes to what businesses minorities are leading, it seems that cultivation and ancillary services are at the top of the list followed by infused product manufacturers.
One of the fascinating statistics however that gives both women and minorities much hope for success in this sector is the fact that there are more female minority executives in the cannabis sector than the national average for all other industries. 5.3% of cannabis business owners identify as minorities and females, where the national average for business executives in other industries is only 4.5%.
The Future Looks Elevated
From the outside looking in these numbers may not be impressive to some. To others, however, these numbers represent an opportunity for thousands of minorities and women in cannabis. Are you a female or a minority business owner? Contact us today and learn how you can have your story shared and products featured right here on Ms. Jane!