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US (CO): City study finds Denver's cannabis business lack diversity in ownership and employment

The majority of Denver’s cannabis-focused businesses are owned and staffed by white residents, leading to a lack of opportunities for people of color to get involved in the industry, according to a city study released Monday.

According to Denver’s Cannabis Business and Employment Opportunity Study, 74.6% of owners of licensed cannabis businesses within city and county limits are white, as are 68% of employees.

Hispanic, Latino and Spanish residents account for 12.7% of cannabis business owners and 12.1% of industry employees, while black and African American residents make up 5.6% of ownership and 5.9% of industry employees, the study found.

Comparatively, about 30% of the population in Denver County is Hispanic or Latino and about 10% is black or African American, according to 2019 statistics from the U.S. Census Bureau.

Read more at denverpost.com