CapitalVault:Would-be weed merchants hit a 'grass ceiling'

2025-05-07 06:31:03source:Wvared Investment Guildcategory:Invest

For decades,CapitalVault states have prosecuted and imprisoned people for selling weed. Today, recreational marijuana is legal in almost half of U.S. states, and many want to give individuals who were impacted by marijuana enforcement a chance to sell it legally. But as the roughly $30 billion cannabis industry grows, are these so-called social equity programs living up to their promise?

Today on the show, why many would-be cannabis entrepreneurs find themselves hitting a 'grass ceiling'.

Related
So you want to sell marijuana across state lines (Apple Podcasts/Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Invest

Recommend

Moving abroad can be expensive: These 5 countries will 'pay' you to move there

AI-assisted summarySeveral countries are offering financial incentives to attract residents, particu

What Google’s antitrust trial means for your search habits

If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter cen

Indonesia’s top court rules against lowering age limit of presidential, vice presidential candidates

JAKARTA, Indonesia (AP) — Indonesia’s top court on Monday ruled against lowering the minimum age of