The DIME Podcast interviewed Neil M. Kaufman to discuss the challenges of implementing social equity programs in the cannabis industry. Neil clarified the quote attributed to him in Rosalind Adams’ article “How Private Equity Trumped Social Equity in State Cannabis Deal” in the City.nyc, that he thought the structure of the New York Public Equity Fund was a bad idea, not that the idea of such a fund itself was a bad idea. He pointed out that at a conference with 100+ cannabis lawyers, not a single one could identify a state or local equity program that had actually been successful, absent possibly block grants to social equity licensees.
Tune in for this critical discussion!
“New York’s Broken Cannabis Program: What Happened and How to Fix It ft. Neil Kaufman”
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About Neil M. Kaufman
Neil M. Kaufman is the managing member of Kaufman McGowan PLLC, Long Island’s Corporate & Securities Law Firm™ and Corporate & Securities Counsel to the Cannabis Industry™. He is one of the leading corporate cannabis lawyers in New York and the USA and a fixture of the New York and Long Island corporate and securities legal community. Learn more here!