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It comes as no surprise that the cannabis industry and the legalization of marijuana are yet another barrier that Black business owners face. A new report released by Grand View Research, Inc stated that the global legal marijuana market size is expected to reach $73.6 billion by 2027. However, many states have very specific guidelines that stand as barriers for many people of color looking to get into the cannabis business, and Black and brown people are still serving harsher sentences for the possession and distribution of drugs than their white counterparts.

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