Bud.com | The Hood Incubator: Empowering Weed Entrepreneurs of Color
Marijuana use has been roughly equal among blacks and whites nationwide, yet black people are nearly four times as likely to be arrested for marijuana possession. Given that people of color have been so disproportionately affected by the war on drugs, it only makes sense they should gain economically from legalization. Sadly, however, the legal industry is not even close to being representative: black people make up less than 5% of founders and or owners of cannabis businesses today.
In response to that problem, Oakland-based nonprofit, The Hood Incubator, launched in 2017 with the mission to build economic and political power for black and brown communities and to, ultimately, increase their participation and leadership in the industry. Founders Ebele Ifedigo, Lanese Martin, and Biseat Harning brought together their varied backgrounds in business, community organizing, and economic development to forge a movement toward social justice through weed.