Alex Freedman from the LA Department of Cannabis Regulation joins Barrington Miller for the inaugural #HashtagFinance Skype interview. This educational discussion focuses on the topic of ‘social equity’, including a definition of the term as it relates to the cannabis sector (2:00), how social equity works to have a positive impact on those negatively impacted by the “War on Drugs” (4:50), and the differences and similarities between social equity programs in Northern and Southern California (11:35). Listen until the end to learn about the challenges and opportunities facing community reinvestment from successful investee companies, navigating the long-term impact of social equity, and the growing demand for social equity mandates from cannabis investors!
