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3 Black Entrepreneurs Who Are Taking the CBD Industry by Storm

By Business Desk

Thursday, June 13, 2019.

If you didn’t already know, cannabis in the US is big business at the moment. The demand is not only coming from recreational users, but for derived products like CBD for instance, which has been shown to have most of the medicinal properties of cannabis without the high and side effects. Many African Americans have taken the opportunity to invest in this new and fast-growing industry. Let’s take a look at some of the most prominent African American figures in the legal cannabis scene.

Snoop Dogg

It’s really not surprising to see the long-standing marijuana enthusiast/rapper/entrepreneur on the top of this list. Snoop Dogg has really been able to utilize his brand image to build a small legal cannabis empire for himself.

And he has done a good job at diversifying his assets as well. Not only does he own a few proprietary strains of cannabis and a line of edible products, but he also launched Merry Jane which is a resource on everything cannabis related, including news, style, and food. Rapper Wiz Khalifa is also heavily involved in the industry and also currently has a famous cannabis strain named after him.

Amber Senter

Amber Senter is one of the many women who own marijuana dispensaries in America and is based out of Oakland, California. She also co-founded Supernova Women, which is a resource for women of color trying to get into the legal cannabis industry. But what sets her apart is her life story and how she was introduced to the business. She actually stumbled onto the industry after a lupus diagnosis. Since then, she became a marketing and branding expert in the field.

Whoopi Goldberg

The famous TV host and Oscar-winning actress, Whoopi Goldberg, is also involved in the legal cannabis business. She founded the company Whoopi and Maya Medical Cannabis with the help of some of her friends and family members. The company focuses on creating products aimed at alleviating some of the discomfort and pain women have to go through during menstrual cycles.

How to Get into the Cannabis Industry

One of the great things about the cannabis industry is that it is so diverse and offers so many possibilities. While opening a dispensary can demand a lot of paperwork, one of the easiest ways to get started is by selling CBD related products. You could buy CBD hemp seeds, for instance, and start a hemp farming business. Industrial hemp has been legalized, and this is probably one of the simplest ways to get in the field. Not to mention that the demand for hemp is at an all-time high at the moment, making it one of the most surefire crops to grow.

The cannabis industry is off the rails, and many black entrepreneurs are taking note. As more states are moving towards partial or full legalization, the industry can only grow bigger and stronger, allowing more people to capitalize on this still growing sector.

3 Black Entrepreneurs Who Are Taking the CBD Industry by Storm

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