MacCalvin Romain: How can investors create a more equitable industry?

High Priority

Capital markets are booming in the U.S. cannabis industry, but the lion’s share of these funds are still allocated to established companies, many of which already have strong investment relationships. While more states are creating business opportunities for social equity applicants, securing capital remains an enormous barrier to entry, especially for individuals without access to fundraising resources. In this episode, we speak to MacCalvin Romain, Founder of NEMA Ventures and Head of Product at Lantern, one of the many industry stakeholders committed to bridging this gap and creating a more accessible space for entrepreneurs of color. We discuss what it exactly means to take an equity-focused approach to investing and how social equity applicants can best position themselves for long-term success.