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Diversity in cannabis: How do the demographics of Ohio cannabis owners and founders check out?

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This weekend, the IX Center will be the place for resources and education about Ohio’s medical marijuana and hemp industry.

In the midst of that, the Ohio Cannabis Health & Business Summit is also hoping to shed light on how to diversify the multi-billion dollar business.

At the two-day event, you’ll find legislators, cultivators, and distributors, but there’s another type of growth looming beyond the bud.

“You know, we are just kind of getting the education out there so people can assess it and judge it for themselves, versus it just being, well, hey, you know, the reef of madness,” says Lenny Barry, CEO of the Ohio Cannabis Health & Business Summit.

The cannabis industry is expected to surpass demands by roughly 40% by 2025 expanding the profits by billions, according to Forbes.

The projection has narrowed the scope to look at who is profiting from the growth.

A study by the Marijuana Business Daily found that 20% of cannabis owners and founders were minorities.

Marisa Saenz reports: https://www.wkyc.com/article/news/local/ohio/diversity-demographics-ohio-cannabis-owners-founders-check-out/95-664276e9-6fdf-4225-ad8d-e2d22a71dee1 --

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