At Vangst, we are committed to building the world's most inclusive industry. This means ensuring everyone has the opportunity to be a part of it. Through our social equity program, we intend to help thousands of people who have been negatively impacted by the War on Drugs land jobs in the cannabis space.
It is well documented that the War on Drugs disproportionately targeted people of color and low income communities. As the cannabis industry grows, it is our duty to recognize and address the long-term impact that these cannabis enforcement policies have had.
Vangst’s Social Equity Initiative focuses on making employment opportunities more accessible. We work with the biggest and most well known cannabis brands in the country, and together, we will lower the barriers to entry in this burgeoning industry.
Generally speaking, an equity applicant is an individual who meets equity eligibility criteria based on criminal justice involvement, housing insecurity, income and residency. But this definition varies from one social equity program to the next.
Every 25 seconds, someone in America is arrested for drug possession.
Since 1971, the war on drugs has cost the United States an estimated $1 trillion. In 2015, the federal government spent an estimated $9.2 million every day to incarcerate people charged with drug-related offenses.
46.9% of people arrested for drug law violations are Black or Latino, despite making up just 31.5% of the U.S. population.
Are you a cannabis business interested in social equity or connecting with social equity candidates?
Do you consider yourself a social equity applicant and are interested in connecting with cannabis businesses?