Insuring Cannabis Summit: Industry at Diversity CrossroadsPosted by On

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Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19.

Diversity needs to be more than a mere buzzword in the cannabis industry.

That was the message from James Jackson III, a senior vice president at Mark Edward Partners, who leads the firm’s cannabis practice and has created a dedicated unit focused on helping minority, women and LGBTQ+ businesses as the firm’s diversity and inclusion group practice leader.

Jackson gave a presentation, Diversity in the Insuring Cannabis Space, during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19.

For decades, there have been historical injustices of failed drug policies that have been detrimental to communities of color, he noted.

“So when this industry is built and when this industry is coming together, it makes sense that it’s representative of those people that have been harmed,” Jackson said. “And those people that have ultimately had to bear the brunt of essentially this industry now becoming the shoe success.”

A study from the American Civil Liberties Union earlier this year showed that Black Americans are 3.64% more likely to be arrested for cannabis possession thank white Americans despite equal cannabis usage rates.

“Specifically, there are states such as Montana, Kentucky, West…

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Editor’s note: This is part of a series of articles based on panels and presentations during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19.

Diversity needs to be more than a mere buzzword in the cannabis industry.

That was the message from James Jackson III, a senior vice president at Mark Edward Partners, who leads the firm’s cannabis practice and has created a dedicated unit focused on helping minority, women and LGBTQ+ businesses as the firm’s diversity and inclusion group practice leader.

Jackson gave a presentation, Diversity in the Insuring Cannabis Space, during Insurance Journal’s 2020 Insuring Cannabis Summit on Nov. 19.

For decades, there have been historical injustices of failed drug policies that have been detrimental to communities of color, he noted.

“So when this industry is built and when this industry is coming together, it makes sense that it’s representative of those people that have been harmed,” Jackson said. “And those people that have ultimately had to bear the brunt of essentially this industry now becoming the shoe success.”

A study from the American Civil Liberties Union earlier this year showed that Black Americans are 3.64% more likely to be arrested for cannabis possession thank white Americans despite equal cannabis usage rates.

“Specifically, there are states such as Montana, Kentucky, West…



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