Compared to a year ago, times may seem tough for those banking on the legalization of marijuana.
Attorney General Jeff Sessions, who has raised “serious questions” about legalization, appears less friendly to the cannabis industry than his predecessor. Even after the District of Columbia permitted recreational use of the drug in 2015, arrests in the city for public use of marijuana are on the rise.
Yet, a panel of speakers who gathered Wednesday at Howard University said entrepreneurs — particularly women and minorities — should not fear what those in the marijuana industry call “the cannabis space.”
“It’s a good business — we’re at the start, it’s brand new,” said Lisa Scott, a former chef who runs Bud Appetit, an edibles company based in the District. “So many minorities are locked up — white people are getting filthy rich from it.”