Look Who it Was Random video

The Hood Incubator at The 2017 High Times Business Summit

3,388 views · Published 6 February 2017 · 1:32 · Indexed 26 September 2026

Channel: High Times · 2017 · Film & Animation

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America’s shameful racial disparity when it comes to cannabis arrests has been well-documented, with a 2010 study by the ACLU showing blacks are 3.73 times more likely than whites to be arrested for marijuana, despite using cannabis at roughly the same rate.
The good news is that marijuana legalization vastly reduces these arrests—though not the disparity—making it a significant if imperfect step towards addressing racial inequality. But what about the cannabis industry?

In states with legal cannabis cultivation and sales, ownership and even employment among people of color lags far behind equal representation. A 2016 Buzzfeed feature reported that “it appears fewer than three dozen of the 3,200 to 3,600 storefront marijuana dispensaries in the United States are owned by black people — about 1%..

At the recent HIGH TIMES Business Summit in Los Angeles, we caught up with Ebele Ifedigbo, a recently graduated Yale MBA and co-founder of the Hood Incubator, to talk about why that disparity exists, what this new organization is doing to help correct it, and how you can help support their work via a new crowdfunding campaign.

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