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Cannabis & Social Equity

Level: Advanced
Runtime: 61 minutes
Recorded Date: July 20, 2022
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  • Why is social equity important for cannabis businesses?
  • What is the impact on disadvantaged communities or communities of color?
  • What are the barriers to entry that some people face?
  • How do we eliminate those barriers?
Runtime: 1 hour
Recorded: July 20, 2022

For NY - Difficulty Level: For experienced attorneys (non-transitional)
For NY - Difficulty Level: Experienced attorneys only (non-transitional)


Marijuana legalization is increasing across the United States, and more and more business opportunities are becoming available. There are still barriers to entry for many people, however, despite "social equity" programs in the states in which marijuana is legal.

This program was recordeda by the National Underwriter on July 20th, 2022.

Provided By

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Mike Lomuto

Diversity, Equity, Inclusion Manager
National Cannabis Industry Association

Mike Lomuto started in cannabis in San Francisco in the 1990s. As the culmination of a decade-long transition into regulated cannabis, Mike Co-Founded Dao Mastery – a coaching & consulting firm, and Boost – its Social Equity initiative. In 2019, Mike joined the Diversity Equity and Inclusion (DEI) Committee at the National Cannabis Industry Association (NCIA), quickly taking a leadership position. He and Dao Mastery ultimately partnered with NCIA to build out the organization's DEI initiatives at large.

Mike has an extensive cannabis network, particularly in the DEI and Legacy sphere and is known for building diverse coalitions. Mike is proud of his Thai and Italian heritage, and is launching an Asian Cannabis Alliance.

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Prof. Franklin G. Snyder

Professor of Law
Texas A&M University School of Law

Franklin G. Snyder is a Professor of Law at Texas A&M University School of Law, where he teaches Contracts, Business Associations, Business Fundamentals, and a seminar in Marijuana Law, Policy, and Business. He is the creator of the International Conference on Contracts (the largest annual conference devoted to contract law and pedagogy) and ContractsProf Blog, the blog of the Section on Contracts of the Association of American Law Schools.

Before he entered teaching, he was a partner in the Washington, D.C., office of Latham & Watkins, where he represented a range of high-tech clients in litigation and transactions. He earned his J.D. at the University of Missouri-Columbia School of Law, and served as law clerk to the Hon. George E. MacKinnon on the U.S. Court of Appeals for the D.C. Circuit. He later earned an LL.M. in Legal Education from the Temple University School of Law, and he has taught as a visiting professor at the law schools of Notre Dame and the University of Idaho. He is co-author of the casebook American Contract Law for a Global Age and three concise hornbooks for West Publishing, Principles of Sales Law, Principles of Secured Transactions, and Principles of Payment Systems, and is one of the revisers of the forthcoming new edition of White & Summers Uniform Commercial Code. His scholarly articles have appeared in a variety of law journals, including the William & Mary Law Review, the Ohio State Law Journal, and the American University Law Review.

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Jodi S. Green

Special Counsel
Miller Nash LLP

Jodi Green is a member of Miller Nash's cannabis and insurance recovery teams and represents clients in a range of non-litigated and litigated business matters.

With over ten years of experience in insurance coverage, Jodi is familiar with a vast range of first-party and third-party insurance policies, including among others: Bermuda Form, builder’s risk, cannabis and hemp, commercial general liability and excess, crime, cyber, directors and officers and management liability (D&O), employment practices (EPLI), homeowners; pollution; property and business interruption, and representations and warranties. Jodi has also evaluated coverage for disputes arising in a variety of contexts, including: advertising injury; cannabis and hemp; construction; employment and wage disputes; ESG and environmental; healthcare, life sciences, and pharmaceutical claims; sexual abuse; and mass tort and products liability, many of which implicated hundreds of millions of dollars or more, such as the Las Vegas Harvest Festival lawsuits and the opioid multi-district litigation matters.

Using her expertise in insurance, Green hopes to "bridge the knowledge gap" between the insurance and cannabis sectors to ensure that cannabis businesses have the proper protection.

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