Black CannaBusiness Magazine’s second annual Black CannaConference & Expo is scheduled for November 18-20th at the Ernest M. Morial Convention Center in New Orleans.
The Black CannaConference & Expo is a community-focused conference that bills itself as the largest gathering of BIPOC cannabis professionals. Hundreds of BIPOC Cannabis founders, professionals, and consumers will come together to network, educate, and be educated by high-profile professionals in today’s market. The upcoming conference is expected to have more than 40 influential speakers.
The first announced speaker at the event is Dr. Chanda Macias, CEO of Ilera Holistic Healthcare, is the country’s first Black female founder of a medical cannabis company. Topics will focus on the state of Black cannabis business from social equity and Black politics to capital funding and cultivation.
Less than 4% of all cannabis businesses are black-owned, but black executives make up only 7% of the cannabis C-suite compared to 70% white males in the top 14 largest cannabis companies. Black farmers make up only 1.4% of the country’s 3.2 million farmers
Some of these discrepancies are related to limitations placed on those with drug-related felony convictions seeking to open cannabis-related businesses. Cannabis Impact Fund, a non-profit which operates on the pillars of racial justice, environmental sustainability, and community engagement with the mission of promoting, creating, and showcasing social impact in the cannabis industry has sourced data that states that Black Americans are six times more likely to be arrested for any form of drug use and four times more likely to be arrested for cannabis possession, despite the similar rate of drug use between Black and white people.
Kristi Price, founder and CEO of KRMA Media, Inc. — parent company of Black CannaBusiness Magazine — says “the only way to address this staggering racial disparity is by educating and connecting not only the Black cannabis community but also our industry allies.”
The event will also include dynamic workshops and rapid-fire “Blazing Stage” sessions that offer quick, tangible takeaways to an open forum of those seeking both education and action steps.
The Black CannaConference and Expo will donate proceeds from each ticket purchase to the.