The Minority Cannabis Business Association and Merida Capital Partners created a program, the Inclusive Industry ("i2") Accelerator, which looks to close the disparity, diversity and inclusion gaps that exist in two of the fastest-growing sectors in the U.S. The accelerator will initially deploy $500,000 to speed up the growth of five minority-owned businesses. Winners were announced a few days ago. They are: Vega Holdings, the only Latino-owned company holding a Connecticut pilot hemp license; High Road, an app-driven delivery platform; Higher Learning Institutions, a state-licensed vocational school with a cultivation and extraction labs; James Henry, a minority- and veteran-owned lifestyle, health and wellness cannabis brand; and Canna Bistro, a members café in Atlanta’s Historic West End. Each of the selected businesses will also undergo an intense mentorship program and have access to sought-after networks in an extremely competitive space.
Read the full article here