Local Cannabis Organizations Unite to Educate, Support and Provide Access to Cannabis-Related Services and Opportunities for BIPOC Communities

NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), introduced immediately it’s partnering with three organizations – BIPOCANN, Virginia Minority Cannabis Coalition (VMCC) and Nolef Turns – to supply social equity-driven assets for the growing hashish group in Virginia.

This group of companions is devoted to making certain that Virginia’s BIPOC group has viable, aggressive alternatives in the market, and helps three components essential to efficient social fairness initiatives — justice reform, entrepreneurship and mentorship, and equitable illustration. Columbia Care can be offering monetary and instructional assets to attain as many people throughout the Commonwealth as doable.

  • Justice reform: Nolef Turns offers direct providers to justice-involved people; advocacy that raises consciousness of the necessity for resentencing, ending the battle on medicine, probation and parole reform; and an expedited path to computerized expungements. Learn extra about their program offerings.
  • Entrepreneurship and mentorship: VMCC is dedicated to offering coaching and financial alternatives for people, particularly these impacted by hashish arrests, in pursuing a profession in hashish. Learn extra about their upcoming boot camps for aspiring social fairness entrepreneurs.
  • Equitable BIPOC illustration: BIPOCANN is working to make the hashish {industry} extra accessible and worthwhile for BIPOC and different under-represented populations by way of their rising membership community designed to join hashish {industry} corporations to various companies and suppliers. Learn extra about their network and upcoming webinars.

“The emerging Virginia cannabis market presents a new, unique, and once-in-a-lifetime opportunity for historically marginalized communities to build economic wealth through entrepreneurship and business ownership,” mentioned Ernest Toney, founding father of BIPOCANN. “I am excited to partner with Columbia Care to make the industry more accessible for the next wave of minority cannabis business leaders in Virginia, and look forward to BIPOCANN being a vehicle for change in my native state.”

“This type of social equity work is not just about getting a job, it’s about leveling up lives,” mentioned Paul McLean, founding father of VMCC. “This is an opportunity for the Commonwealth to create a cannabis ecosystem that is built around economic inclusion. With this network of partners, we are accelerating work that I thought would take years and implementing it in just months.”

“We are a grassroots group and our work is heart to heart. It was significant to get involved in the cannabis conversation to ensure people who have been disproportionately impacted by the failed war on drugs are at the center of the end of prohibition,” mentioned Sheba Williams, founding father of Nolef Turns. “We want to make sure this legal process actually benefits the people who need it. This partnership will have a lasting impression on our work. We’ll be able to reach more people who have been impacted by criminal legal systems and want to learn more about expungement and cannabis.”

“Undoing the harms of prohibition requires more than laws–it takes community, outreach and resources,” mentioned Ngiste Abebe, Vice President of Public Policy at Columbia Care. “As the market leader in Virginia, we want to see a thriving cannabis economy in which everyone can take part, especially those who have been disproportionately affected by cannabis prohibition. While Virginians wait for adult use laws to be finalized, partnerships like this can help prepare impacted communities to benefit from economic opportunities that have been explicitly created for them. We look forward to working with these partners and local officials to support an expanded, more diverse, more impactful cannabis community in Virginia.”

About BIPOCANN

BIPOCANN is a small enterprise that works to form a extra accessible and worthwhile hashish {industry} for BIPOC entrepreneurs, enterprise homeowners, and professionals in the authorized markets of the Americas. The enterprise bridges {industry} gaps in BIPOC illustration by way of schooling, consulting, and a rising membership community that connects hashish {industry} corporations to various distributors and suppliers. For extra data on BIPOCANN, please go to www.bipocann.com.

About Virginia Minority Cannabis Coalition (VMCC)

The Virginia Minority Cannabis Coalition (VMCC), headquartered in Newport News, is a pioneering 501(c)four nonprofit group based in 2021 that empowers Black and Brown communities to develop into shareholders in the hashish {industry}. The firm promotes financial empowerment by way of equitable possession, employment, and purposeful reallocation of tax income in all sectors of Virginia’s regulated hashish {industry}. The Virginia Minority Cannabis Coalition is now providing hashish {industry}, instructional boot camps for entrepreneurs most impacted by the battle on medicine. For extra data, go to http://vmccequity.org.

About Nolef Turns

Nolef Turns is on a mission to cut back recidivism by serving to these with courtroom and justice involvement efficiently thrive post-conviction. Our imaginative and prescient is to be a pacesetter in lowering the jail inhabitants by supporting and empowering those that are most affected by crime, trauma, and incarceration. Our work thrives on dignity and respect for others. To really tackle the previous harms of the failed battle on medicine and to obtain true social fairness, it’s our obligation to heart folks first in hashish conversations. To be taught extra about our providers, to get entangled in advocacy and to assist our work, please go to www.nolefturns.org.

About Columbia Care

Columbia Care is likely one of the largest and most skilled cultivators, producers and suppliers of hashish merchandise and associated providers, with licenses in 18 U.S. jurisdictions and the EU. Columbia Care operates 130 services together with 99 dispensaries and 31 cultivation and manufacturing services, together with these below growth. Columbia Care is likely one of the authentic suppliers of medical hashish in the U.S. and now delivers industry-leading merchandise and providers to each the medical and adult-use markets. In 2021, the corporate launched Cannabist, its new retail model, making a nationwide dispensary community that leverages proprietary expertise platforms. The firm affords merchandise spanning flower, edibles, oils and tablets, and manufactures well-liked manufacturers together with Seed & Strain, Triple Seven, gLeaf, Classix, Press, Amber and Platinum Label CBD. For extra data on Columbia Care, please go to www.col-care.com.

Caution Concerning Forward-Looking Statements

This press launch accommodates sure statements that represent forward-looking data inside the that means of relevant securities legal guidelines and mirror the Company’s present expectations relating to future occasions. The Company has made assumptions with regard to its potential to execute on model and product initiatives, which though thought of cheap by the Company, could show to be incorrect and are topic to recognized and unknown dangers and uncertainties which will trigger precise outcomes, efficiency or achievements of the Company to be materially totally different from these expressed or implied by any forward-looking data. Securityholders ought to assessment the danger components mentioned below “Risk Factors” in Columbia Care’s Annual Information Form dated March 31, 2021, filed with the relevant Canadian securities regulatory authorities on SEDAR at www.sedar.com and described from time to time in paperwork filed by the Company with Canadian securities regulatory authorities.

Contacts

Investor Contact
Lee Ann Evans

Investor Relations

+1.212.271.0915

ir@col-care.com

Media Contact
Lindsay Wilson

Columbia Care

+1.978.662.2038

media@col-care.com

Gabriella Velez

5WPR

columbiacare@5wpr.com

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