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The Intersection of Justice Reform and Marijuana Legalization

We live in very interesting times.  We are less than one month to a national election that has been volatile and dramatic throughout the very long campaign.

As we approach the final countdown, the national and local media has been focused on the top of the ticket but I believe that it is a precipice where social movements are influencing real change that is altering policy, economics and politics from the grassroots. Historically, when social change makes real change it’s not easy, it’s not quick, and it usually doesn’t go the way we planned; but that’s how change happens—slowly. Change from the ground up has a vital role in our economic and social growth, and even widespread enlightenment. And guess what, it’s happening!

As a CEO in the Cannabis Industry I find it very interesting to be a part of a social movement which has now created an industry and a growing, thriving economy that is creating jobs, taxes, and access to a necessary medicine. As part of my day-to-day role, I consult with legislators, regulators and analysts. I am consulted for my perspective on both state and federal policy and law making in regards to marijuana policy. Today, there are 26 states that have passed medical marijuana laws and four states that have adult use laws, also known as recreational.

With the upcoming November election, we could have 5 more states with recreational laws as well as another three legalizing medical use. This means that the solid majority of the United States adult population has passed the tipping point of marijuana use and acceptance. The real stalwart of change and its direct connection to the marijuana legalization movement is justice reform.

Justice Reform and Marijuana Legalization

The facts are clear. Prosecuting and jailing non-violent drug offenders is a waste of time, money and resources. We spend more than $20 BILLION a year on marijuana raids and arrests, which predominantly target minorities and inner cities. We also spend more than an additional $1 billion per year to incarcerate those same people.

How can states legalize and create an industry and NOT deal with decriminalization and justice reform?

Oregon is the ONLY state with a complete thought on this topic. Oregon expunged marijuana violations from citizens’ records. All of the states with adult use or recreational marijuana owe it to themselves, and the people sitting in jail to do the same thing some of us do on a daily basis, selling marijuana.

Those in the legal Cannabis Industry owe it to the country or state we live in to try and change our justice system, the same way we did fighting for the legalization of marijuana. As countries all of over the world reconsider and evaluate their drug laws and the United Nation deals with the Single Convention on Narcotic Drugs of 1961, which sets forth drug laws on an international basis, we need to be a leader in this, not a follower.

The U.S. has a massive Opioid problem. What is our first instinct in solving this crisis? Throw money at it. The Federal government is spending $1 BILLION trying to figure out how to fix this problem.

The real solution is staring right at us. States that have legally regulated medical marijuana programs have a 25% lower Opioid problem in their state. Not a total solution, but maybe there are other ways than throwing money down the toilet.

This is the same to me as justice reform. As someone who is building a business born out of a social movement, I support others. Justice reform is a no brainer. However, it also isn’t the only answer.

Beyond Reform

Education needs to be part of justice reform. In addition, job opportunity’s need to be part of the solution as well. The Cannabis Industry and the entrepreneurs who are leading the charge also need to be responsible and accountable. Speaking for me, our company has a program called BE KIND, and its mission is to give back, help those in need and educate.

Addition through subtraction, this is what I call it. It’s actually very simple. If we look at the numbers closely and honestly, the Cannabis Industry could have $30-50 billion dollars in revenue, which would yield billions in taxes. Then we could save over $25 billion on incarceration, court, and enforcement costs. I am not saying marijuana or justice reform solves all of our budget issues, but it does help; maybe more college loans, maybe after school daycare, maybe better education, maybe access to art or music programs—it pays for something and turns into a positive.

All of us are standing at this intersection. The easy thing is to do nothing. Life is not easy and we should all remember the fight it took to get the industry where we are today. By not supporting and advocating for justice reform, we are selling ourselves and the country short. This is our chance to do the right thing for others, which has empowered us to do what we do today!

 

 

David Dinnenberg

David Dinnenberg

David Dinenberg is the Founder and CEO of KIND Financial, a financial technology company providing software solutions to ensure businesses within the cannabis industry transact safely, securely, and in compliance with applicable laws and regulations. Since launching the company in 2012, David has secured KIND’s reputation as the leading experts on the complicated financial issues unique to the emerging legal cannabis industry.

Prior to KIND, David spent 8 years as the COO and a Partner at Grasso Holdings, a full-service real estate development company, where he ran day-to-day operations for the 45 person organization managing an asset portfolio valued in excess of $400 million.

David was recognized as one of the top 20 people to watch in the Philadelphia area by Philadelphia Magazine. He is the co-founder of the Philadelphia Retail Advisory Board and served on several prominent Boards in the region where he spent the majority of his professional career. He is an expert speaker on all facets of the real estate industry and was named President and Member of the Board of Directors for the Philadelphia Chapter of the Jewish National Fund, making him the youngest President of any Jewish foundation in the country.

David is an active mentor to Greenhouse Ventures, a business accelerator program specific for ancillary startups in the cannabis industry. He has also been asked to be part of speaking panels at cannabis related conferences including NCIA’s Cannabis Business Summit & Expo, Native American Marijuana & Hemp Conference, Marijuana Business Conference & Expo, and several others.

David has been featured in several prominent magazines and newspaper articles, such as The New York Times, LA Times, Inc. Magazine, Forbes, Philadelphia Magazine, The Deal, and LA Business Journal, to name a few. He has also appeared on CNBC numerous times as a contributor and trusted resource for developments within the cannabis industry.

David is a seasoned entrepreneur with a track record of successful start-up ventures in the restaurant and entertainment industry including a production company working with a Grammy Award winning singer.
David is a graduate of The Pennsylvania State University and currently resides with his family in the Los Angeles area.

This Post Has One Comment
  1. Rob, as I read this piece, an articulated presentation, I found myself looking around. I thought i was speaking out loud.

    You have hit the point squarely where it matters- Law Reform. Even in Countries like Jamaica where all the decriminalization issues have been dealt with and Medicinal, scientific and therapeutic use are allowed, the need for further legal reform is glaring.

    There should be absolutely no restriction placed against any person who served time for ganja/cannabis/marijuana possession and distribution. But as the law stands, there is a period of five to ten years that must pass after the sentence is served, before you are allowed to participate.

    Reform to some banking laws, which would allow nation states and states within federal states, to establish mechanism (possibly outside)the formal (connected banking system) wherein ganja/cannabis entrepreneurs can open accounts.

    Again great article.

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