LICENSED TO FAIL: THE SOCIAL EQUITY TRAP 🪤 скачать в хорошем качестве

LICENSED TO FAIL: THE SOCIAL EQUITY TRAP 🪤

LICENSED TO FAIL: THE SOCIAL EQUITY TRAP 🪤 presented by ‪@nuggnotes‬ born from the promise of justice, california’s “social equity” era was meant to repair the damage of the war on drugs. instead, it became a maze of red tape, underfunding, and political neglect — leaving most applicants stranded before they could even open their doors. 🧠 what you’ll learn: • how prop 64 (2016) and senate bill 1294 created the framework for equity licenses, grants & priority access for impacted communities • why over $95M in equity funding failed to deliver — with local governments stalling, misusing, or returning unused funds • how the average dispensary buildout costs $750K+, while most equity grants were under $50K • the impact of 28–35% tax burdens and disappearing fee waivers on survival rates • how predatory contracts with “silent partners” stripped many applicants of real control • why cities like l.a. forced operators to lock in expensive real estate before applying — sinking hopefuls like madison shockley with $1.1M in rent while waiting • rare bright spots like oakland’s incubator and humboldt’s trellis project that actually provided shared space, legal help, and capital • the harsh stat: by 2025, only 36% of verified applicants became licensed, and in some regions inactive/surrendered licenses outnumber active ones • why today, most equity operators are in cultivation — not retail — and many never broke even 📦 equity on paper. collapse in practice. the system didn’t fail — it was built this way. — 🪴 follow nugg notes on instagram, youtube & x for more cannabis deep dives, brand profiles & legacy-to-legal industry reports. 💬 have you seen an equity program work the way it was promised? drop your thoughts below. #SocialEquity #CannabisPolicy #Prop64 #CannabisLicensing #CaliforniaCannabis #EquityTrap #NuggNotes #NothingForSale