Cannabis business pitch competition was won by Black women

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The medical marijuana boom of Mussourie is near.

On the date of June 4, Missouri was on its way to dispense, cultivate and produce medical marijuana. But the price tags were very high at that time. The fund to become a manufacturer is $6000 and to cultivate it was $10000. The banks were ready to give loans for this business as per the statement of other business owners.

Tiffany Brewer, who is the owner of JoJo’s Juice bar had said that:

“Anyone interested is going to have to have a significant investment that’s nonrefundable.”

He also added that “People of color find that is a barrier.”

The team of Brewer was planning to open a dispensary. The name of the center was Live roots. On the date of May 19, Brewer won an award at Ignite which is a cannabis entrepreneur competition. The price was $9000 in cash and business services.

There was an ample number of minorities who were interested in the economic boom of cannabis, which was held in Mussourie.

The three winners of the Ignite competition decided to open an individual dispensary. All of them were African American women who were based in St. Louis County.

MajestiKs LLC, which was led by an herbalist and advocate Marne Madson, has decided to open a wellness center of a cannabis dispensary. Pure Leaf Collective’s owner and CEO Taronda Ransom is going to open a firm where you will get a 100 percent organic product.

All the nine teams have pitched their ideas in that competition and most of the participants were African American.

The boot camp was organized by Florissant native Sarah Ceti and her husband named Zeta. They help people to get Cannabis license in California.

They had a feeling that they should do something about the unprotected product of cannabis.

On the date of 6th November of 2018, the government gave permission to the legalize the use of marijuana in medical issues. It happened due to the Missouri voters approvement.

The competition also includes some famous peoples like Charles Wu, who is a cannabis investor and chief revenue officer at minorities and agronomics for medical marijuana, Lance McCarthy who is an investment expert and economist. McCarthy also found Ferguson 1000.

Sarah stated that:

“The largest challenge is the financial challenge.”

She also added that:

“And that’s why we did the pitch event. We wanted to connect the people who have the skills and expertise with the people who have the capital. They are some differing demographics in those groups. It was an intentional action towards creating that ideal economy where everyone has a piece of the pie.”

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