San Diego’s proposal to establish a social equity program presents eligibility criteria to help participants find places, raise funds, and receive important guidance from existing members of the cannabis industry.
It will create a revolving loan fund starting with $5 million in city cannabis tax revenues. San Diego recorded more than $24 million in cannabis tax revenue collected during the fiscal year ended June 30, so it probably won’t matter.
Only those who meet these two conditions are eligible.
- Applicants must have been convicted of a marijuana offense within the city limits of San Diego on or after January 1, 1994, or have a family member convicted of a marijuana offence.
- Applicant must be a current or former resident of Barrio Logan, Linda Vista, Southeast San Diego, Encanto, Golden Hill, North Park, City Heights, College Area, or San Ysidro for at least five cumulative years from 1980 to 2016 must be.
Applicants must also meet two of the following four criteria:
- Household income must be less than 80% of the regional median income.
- Since 1994, I have lost my San Diego home due to eviction, foreclosure, or cancellation of subsidies.
- From 1971 to 2016, I attended school in the San Diego Unified School District.
- From 1971 to 2016, he was placed in foster care at any time.
“We are no longer an abstract story. Said San Diego union tribune“It’s an industry full of racial disparities.”
Bruce Mayberry, CEO of the San Diego Central Black Chamber of Commerce, echoed those statements, adding that the city must take action.
“Look at the number of African-Americans who were incarcerated and had their lives turned upside down when cannabis was illegal, and look at the number of African-Americans who benefit from cannabis now that it’s legal. and the allegation that another crime was committed.” Mayberry Said.
san diego stock problem
The City of San Diego and San Diego County issues have already been sorted out.
On July 7th, the City of San Diego Draft Cannabis Stock Reportdetails how Black and Latino people account for about 50% of cannabis arrests since 2015, despite making up just 29% of San Diego’s population.
The issue of misrepresentation of ownership represents another aspect of this issue. Research shows that in San Diego County, 68% of cannabis business license holders are white, and whites make up 44% of him in the entire county population.
Latinos make up 34% of the population, but only 14% of cannabis business licenses. Blacks make up her 5.6% of the county’s population and hold about 7% of cannabis licenses, likely due to recent efforts.
The study also found a significant disparity between male and female executives.
The San Diego Cannabis Equity Program proposal is scheduled to undergo its next public hearing at the city council on Sept. 20. To meet the state-imposed deadline for the next cannabis equity fundraiser, it must be approved by late October.Nearly $2 million, according to San Diego Union Tribune.
voice of san diego report The sale, distribution, manufacture, and cultivation of cannabis remains prohibited in unincorporated areas, although countywide ordinances Expected to include social equity provisionsThat ordinance could roll out next year, with a vote from the county board of oversight.