LOS ANGELES – Thanks to the de-regulation of marijuana for medical and recreational use, the cannabis business is exploding, with sales estimated to reach $7 billion this year. Women in weed, like cannapreneur and expert Bonita “Bo” Money, are particularly taking advantage of the new opportunities in the emerging cannabis business. Money is the creator of That Glass Jar ™, a cannabis-infused topical, and founder of Women Abuv Ground, a networking organization, dedicated to introducing the cannabis business to women of color. However, as the cannabis business grows, African Americans and Latinos are being left out of the economic opportunities of the legal marijuana industry.
For its Los Angeles stop at the Richardo Montalban Theatre in Hollywood, the National Cannabis Emerging Market Tour recently tapped Money as a panelist to discuss the problem of diversity within the cannabis business. As a minority female, Money offered her commentary on the topic of “Helping the Industry Grow: Expanding Diversity With Increased Industry Access for Minorities and Female-Run Businesses.” She was joined by Donnie Chair, chair of the NAACP Medical Marijuana Task Force and co-founder of the California Minority Alliance as well as Armando Gudiño, policy manager of the Drug Policy Alliance.
“This is an exciting time for us,” said Money, who was born in born in Seoul, Korea, and raised in Monterey, Calif. “This year we will go legal. California is about to change the whole country. Once we go legal, the country will follow,” she added in her opening remarks. California is one of eight states who will be voting on November 8th to legalize the recreational use of marijuana.
However, in her comments, Money stressed that African Americans and Latinos are poised to miss the “green rush” for several reasons – that is, the lack of information about the legal use of medical marijuana; the cultural stigma associated with marijuana; the expensive start-up and application fees; and most importantly, the racial discrimination tied to drugs. “African American and Latino communities have been disproportionately affected by the war on drugs, leading to mass incarceration,” she explained. Because of criminal records, a large percentage of minorities are unable to participate in the business of cannabis due to state laws governing the industry.
To hear the panel discussion, visit the Women Abuv Ground You Tube channel at https://www.youtube.com/watch?v=yAohMhTsd4E
The National Cannabis Emerging Market Tour was held on Saturday, July 30, 2016, and provided a great meeting place for networking among cannabis investors, experts and industry leaders. The tour is the only event dedicated to the emerging market of California.
Attendees included cannapreneurs such as Cheryl Shuman, dubbed the Cannabis Queen of Beverly Hills; The Real Hemp Queen Vanessa Adams; and Khadijah Adams of the Marijuana Investment and Private Retreat (MIPR).
ABOUT BONITA “Bo” MONEY
A cannapreneur, Bonita “Bo” Money is one of the few women of color in the emerging, billion dollar cannabis business. She’s the creator of That Glass Jar ™ , a cannabis-infused topical, and founder of Women Abuv Ground, a networking organization, dedicated to introducing the cannabis business to women of color. As a 25-year veteran of the entertainment business, her current projects include producing segments for ESPN’s “30 for 30” sport documentaries as well as a scripted television series, called “The Chronic,” which documents her inner working with mega rappers Dr. Dre and Snoop Dogg within the walls of record label Death Row.
Born in Seoul, Korea, and raised in Monterey, CA, Money began her research of the cannabis industry and became very interested in the healing properties of marijuana. Money created That Glass Jar ™ , an organic, herbal cannabis-infused cream that cures Methicillin-resistant Staphylococcus aureus , commonly known as MRSA. That Glass Jar ™ has been an effective treatment for drug-resistant bacteria like MRSA. The cannabis-infused cream proves scientific studies that show that cannabis have antibacterial properties. That Glass Jar ™ can treat a variety of ailments from sun burns, eczema and psoriasis to arthritis, fibromyalgia and some forms of skin cancer.
For testimonials as well as BEFORE and AFTER pictures, visit the Facebook page of That Glass Jar ™ at https://www.facebook.com/That-Glass-Jar-1009177722485564/
Get SOCIAL WITH BONITA “Bo” MONEY
On Facebook: Bonita “Bo” Money
On Twitter: @BonitaMoney
On Instagram: @BoMoney27
On Facebook: That Glass Jar
On Facebook: Women Abuv Ground
Website: Women Abuv Ground
On Instagram: @WomenAbuvGround