Read more at Benzinga

Racial and gender diversity in the marijuana industry “is still lacking — especially in ownership and executive positions,” according to MJBizDaily Research Editor Eli McVey.

While the industry has taken steps to improve, more is required from it, McVey noted.

With the national spotlight currently focused more intently on civil justice reform, changes could be on the horizon.

‘Quite Isolating’

Minority business leaders say there are significant barriers in critical institutions that keep many from becoming significant players in the space. 

Mark Slaugh, CEO of regtech company iComply, told Benzinga he feels he’s made a mark in the industry since launching in 2011 and can stand on his credentials. However, the power structures in place created a negative experience for him and other minorities in the space.

“Being a minority in cannabis, in Colorado, has not been the most positive experience and is quite isolating when I can literally count the number of minority…

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