Business Accelerator to Tackle Inequities in Cannabis

As Missouri legalizes MMJ, national organizations team up to bring a new educational offering focused on minorities.
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As Missouri legalizes cannabis for medical use, national organizations team up to bring a new educational offering focused on minorities and women.

St. Louis MO (January 28, 2019) - Oaksterdam University, Green Rush Consulting, and Minorities for Medical Marijuana (M4MM) are partnering to launch the Cannabis Business Licensing Boot Camp (CBLB) program created specifically to help minority- and women-owned businesses prepare to obtain a cannabis business license in Missouri, which overwhelmingly passed Amendment 2 to make medical cannabis legal in the state. The Missouri Department of Health and Senior Services (DHSS) began accepting pre-filed application fees from interested medical cannabis businesses on January 5, 2019 and expects to have nearly 200 dispensaries throughout Missouri by 2020. DHSS will accept medical cannabis business applications no later than August 3, 2019.

There will be two CBLB Kickoff events scheduled from 11:30 am to 2:00 pm CST on February 16, 2019, at University of Missouri St. Louis at 1:00 pm-3:30 pm CST on February 17, 2019, at the Tiger Hotel Conference Center in Columbia, Missouri to give an overview about Missouri’s licensing process, answer initial frequently asked questions, preview the CBLB instructional curriculum, and meet key medical cannabis experts who will be teaching at the CBLB in April. The CBLB KickOff event fee is $25.

Aimed at tackling inequity and the lack of minority- and women-owned business operators in the cannabis “plant-touching” space, the CBLB is scheduled to begin in April. This integrative multi-week workshop will be open to 150-200 qualifying business license applicants. Attendees can expect to gain a clear understanding of the licensing process, access Oaksterdam University nationally renowned educational tools and experts, learn key strategies from the experience of multi-state license winners Green Rush Consulting, receive specialized training and resource development through M4MM, gain exclusive access to industry professionals necessary to build businesses that succeed, and access to additional pre- and post license support.

“Minority- and women-owned businesses face onerous hurdles obtaining knowledge, resources, and mentoring as they navigate through the licensing process,” says Roz McCarthy, M4MM Founder, and CEO. “Attending this boot camp will make a significant difference for the better whether applying for a cultivator, manufacturer, and/or dispensary license.”

About Oaksterdam University: Since 2007, Oaksterdam University has been the forerunner in providing the highest quality training offered in the cannabis industry and the first institution to address the growing needs of the marijuana movement, from patients to regulators. Such a focus has established Oaksterdam University as the first and only cannabis college with a comprehensive curriculum in cannabis business and horticulture. OU also trains regulators including city officials, state agencies, and legislative staff as well as evaluators overseeing medical marijuana license applications. Our faculty is comprised of professionals, academics, and entrepreneurs. OU alumni—over 40,000 from over 40 countries —are the most active in the world. Online classes are available.

About M4MM: Minorities for Medical Marijuana Inc. is a 501c3 non-profit organization focused on providing cannabis advocacy, education, outreach and training to communities of color throughout the country. The cornerstone of its mission is fostering inclusive and equitable cannabis public policy, healthcare awareness, business development, and social reform. The organization is committed to cultivating a culturally inclusive environment where diversity of thought, experience, and opportunities are valued, respected, appreciated and celebrated. Currently, M4MM has a presence in 22 states throughout the country. Awarded 2018 Cannabis Industry Organization of the Year.

About Green Rush Consulting: Green Rush Consulting (GRC), a premier national cannabis consulting firm, has been a pioneering force in the cannabis industry since 2011. Located in the epicenter of the cannabis movement, Oakland, California, GRC has successfully assisted groups securing licenses to operate cannabis businesses across the United States, using strategies informed by the values gleaned from California’s twenty-year medical program. Guided by core values of Integrity, Innovation, Stewardship, Diversity, and Unity, GRC provides comprehensive regulatory and business solutions for established operators and emerging entrepreneurs with an emphasis on ensuring access to marginalized groups transitioning to the legal market.

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