MJBizMag November-December 2020 - 15

I served on the Board of the Minority Cannabis
Many of our patients still come to the dispensary
Business Association for three years, and I served on the
executive team of the Cannabis Trade Federation (CTF)
until recently. I am still involved with CTF as chair of the
Diversity, Equity and Inclusion Task Force, which consists
of the top civil-rights and minority industry leaders in our
country. The CTF Board has asked us to create platforms
that the board and the members of CTF will adopt to
create an industrywide policy and a diversity, inclusion
and equity assessment toolkit.
What was the most important lesson you learned
running a business during COVID-19?
Patience, understanding, compassion and trust. The reality
of me being the owner of a medical business that provides
medications to patients who lost their jobs, who lost family
members, who are already stressed due to economic
issues, child care, racial disparities, health disparities and
violence hit me hard.
As contagious as this virus is, we were thankfully deemed
essential by Mayor Muriel Bowser, meaning we could remain
open seven days a week. The mayor allowed us to have
online preordering, curbside service and home delivery.
because we are family and we are some of the only people
they can see or have any contact with. It's been a very
sobering and gratifying experience for the AO staff and me.
What cannabis industry trends do you see coming
in 2021?
I believe the market is going to open up with more
legalization of medical and adult-use cannabis in the
various states, regardless of the political party in power.
Interstate commerce may also be realized. The tax revenue
generated from legalizing cannabis will be phenomenal.
Also, banks will be able to service us through passage of
the SAFE Banking Act.
Finally, I believe we will see much more minority ownership
and participation in all aspects of the industry from operating
licenses to contractual ancillary services.
Ivan Moreno is a reporter for Marijuana
Business Magazine and Hemp Industry
Daily. You can reach him at ivan.moreno@
hempindustrydaily.com.

MJBizMag November-December 2020

Table of Contents for the Digital Edition of MJBizMag November-December 2020

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