Indopedia All Things Marijuana
It is imperative that we continue to fight for economic justice for all Oregonians, but especially for those communities who were targeted by the racist criminalization of cannabis in our state for decades.
The Oregon Economic Equity Investment Fund will do exactly that. During the 2022 short session and under the leadership of (then) Senator Akasha Lawrence-Spence, the Oregon legislature passed SB 1579, the Economic Equity Investment Act, to build economic stability, self-sufficiency, wealth building and economic equity among disadvantaged individuals, families, businesses, and communities in the state. The program was allocated $15 million and will distribute funding to organizations who will, in turn, implement programs and provide resources to eligible beneficiaries to address long standing economic inequities in four key areas: 1) ownership of land and property; 2) entrepreneurship and business development; 3) workforce; and 4) intergenerational wealth building.
Unfortunately, the Act was only given one-time, limited funding, making it almost impossible for Business Oregon to spread these limited funds across the four buckets outlined above.
Now,…
