Cannabis Social Equity Program
The War on Drugs dramatically increased the barrier of entry to economic advancement for thousands of people in the United States. Now that our country is gradually healing the views around cannabis, many states, as well as the federal government, are working to remedy the past wrongs of cannabis persecution.
Cannabis Social Equity Programs are designed to lower the barrier of entry to the cannabis industry for those who have been previously disadvantaged by now-defunct cannabis legislation.
Contact us to see if you qualify and learn more about your opportunities within the available social equity programs in the United States.
WHAT ARE CANNABIS SOCIAL EQUITY PROGRAMS?
Social equity programs in the United States are intended to begin the lengthy and complex process of rectifying injustices caused by aggressive legislation and law enforcement against cannabis in the past.
Many individuals and their families have been socially and economically disadvantaged due to harsh penalties for cannabis possession or use. These penalties have a ripple effect that can hold individuals and their loved ones back for generations to come.
Now that the cannabis industry is booming, social equity programs are designed to right many of those wrongs.
Granted, these programs are still in development and aren’t perfect. That’s why we at Higher Yields Consulting are committed to helping shape social equity legislation, application processes, and licensing to support those who have been disproportionately disadvantaged.
THE GOALS OF SOCIAL EQUITY PROGRAMS
While social equity programs are in a constant state of evolution at both the federal and state levels, the goal of these programs is to:
- Elminate Discrimination
- Economic Improvement
- Social Justice & Equality
- Support Positive Generational Impact
BENEFITS OF PARTICIPATING IN SOCIAL EQUITY PROGRAMS
Many people who are eligible to participate in social equity programs benefit from factors such as:
- Lowered application and licensing fees
- Lowered requirements for information and capital in your application
- Preferred application processing
Contact us to discuss whether you qualify for social equity programs in the United States and how to make the most of your SEP application.
HYC’S CANNABIS SOCIAL EQUITY SERVICES
The reason cannabis is where it is – in its infancy as an industry – is because of the social injustices and legal issues within our country. Now that the reputation and use of cannabis has begun to be remedied, our goal is to also help remedy the injustices perpetrated in the legal history of cannabis.
Today, thousands of people have faced jail time and loss of freedoms due to their experience with cannabis, while others are profiting from multi-million dollar businesses in the cannabis industry – a situation which needs to be rectified.
Unfortunately, with the emergence of cannabis social equity programs, new opportunities for unscrupulous business owners seek to take advantage of social equity candidates by offering them attractive deals with immoral intentions. At HYC, we don’t believe in this neo-tokenism. Rather, our goal is to support those who are most deserving in order to create opportunities for those who have had opportunity stripped from them by the War on Drugs.
If we, at Higher Yields Consulting, can do our part to help those who have been hindered in their lives by cannabis laws and the aggressiveness of cannabis law enforcement in the past and help improve the lives of future generations, we will consider ourselves honored.
THE STATE OF SOCIAL EQUITY IN THE UNITED STATES
At Higher Yields Consulting, we believe that the cannabis industry has to be unified in our approach and message in order to be successful with social equity programs. The groundwork has been laid in previous states – with varying degrees of success – and we are now seeing a bigger focus on new states having these programs.
However, state governments have to take the initiative to make these programs work. Large operators and influencers of this industry have to think beyond personal monetary gain and seek a deeper understanding for when the industry can come together and fight together for these things in this industry, then we get closer to an equal and inclusive industry.
EXPERT TIPS FOR PARTICIPATING IN
CANNABIS SOCIAL EQUITY PROGRAMS
Are you considering applying for a cannabis social equity program?
Here are our expert tips for maximizing your chances of success
in this highly competitive market.
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