Not everyone is reaping the benefits of the booming industrial hemp sector. Although hard numbers are in short supply, a 2017 survey by the Marijuana Business Daily, a Colorado-based website, found that 81% of cannabis-related business owners nationwide were white. A Thursday, Jan. 9, panel will explore the lack of representation of people of color in the growing industry and some possible solutions.
In late May, the N.C. State Bureau of Investigation proposed banning all smokable hemp flower, in addition to more stringent regulation of hemp processing and a host of other precautions. Those changes are now under consideration in the General Assembly, where they could be enacted as part of the N.C. Farm Act of 2019.
“Although the cannabis industry grows at an unprecedented rate and the ‘green rush’ is discussed in major media outlets on a daily basis, the law lags behind,” reads a release from attorney Rod Kight’s team. “Joining the industry without a strong understanding of the law is risky at best.”