Shanita Penny, the Founder/CEO of Budding Solutions and the President of the Board of Directors for the Minority Cannabis Business Association (MCBA) is our guest this week on The Green Rush.
Social equity and its role within the cannabis space has been one of the defining conversations for the industry in 2019 with advocates fighting in states like New York, New Jersey and California for a greater emphasis on minority ownership. Shanita and the MCBA have been on the front line of these conversations, testifying in front of the House Committee on Small Business and lobbying legislators on the federal and state level about this issue.
To learn more about the role of small business in the cannabis industry and why minority ownership is important, Lewis and Anne chatted with Shanita about which states, and companies are “getting it right” when it comes to social equity and corporate social responsibility. They also touched on the feedback she has received from legislators and why the momentum she’s seeing at the grassroots level has her hopeful for the years to come.
Don’t sit back, lean forward and enjoy!
Shanita Penny, Founder/CEO of Budding Solutions and President for Minority Cannabis Association
Shanita Penny is a cannabis advocate, business professional and entrepreneur with over 18 years of experience helping world class companies and startups solve complex issues and improve business performance in multiple industries. In 2015, Shanita took a leap of faith and founded Budding Solutions, a boutique cannabis consulting firm based in Baltimore, MD, to provide Management and Strategy Consulting to startups, small businesses and multistate operators in the cannabis industry.
Shanita proudly serves as President of the Board of Directors for the Minority Cannabis Business Association (MCBA), the first non-profit organization created specifically to progress the cannabis industry by increasing diversity through the creation of equal access and economic empowerment for cannabis businesses, their patients, and the communities most affected by the war on drugs. She is also a member of the New Jersey Cannabis Industry Association’s (NJCIA) Board of Trustees. NJCIA is a nonprofit trade association dedicated to advancing the legalization of cannabis by promoting sensible policy for the responsible development and growth of a legalized cannabis-based economy.
Links and mentions in the show
Links to the guest’s company and social media accounts
- Shanita Penny’s LinkedIn: https://www.linkedin.com/in/spenny/
- Budding Solution’s Twitter: https://twitter.com/BudSol4U
- MCBA Twitter: https://twitter.com/MinCannBusAssoc
This episode was hosted by Lewis Goldberg and Anne Donohoe of KCSA Strategic Communications.
Special thanks to our Executive Producer Nick Opich Program Director Shea Gunther at Marijuana Today
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