Killer Mike says Black people deserve a “big stake” in the cannabis industry

Atlanta rapper, activist, and entrepreneur Killer Mike recently went on “TMZ Live” and made the case on why Black people deserve a fair stake in the cannabis industry.

Killer Mike speaks out on the cannabis industry

He specifically spoke about Black people who have served years in prison for selling marijuana can’t get into the industry after they’re released.

America has largely been built on the backs of Black people, so he says they deserve at least 25 percent of the industry, profits, licenses, businesses, etc.

“…I want to demand other marijuana organizations out there to get people of color on the forefront,” Killer Mike said.

“And I’m gone be frank and say Black folks deserve a big stake. We deserve at least 25% of the marijuana industry because it has truly been built on our backs. And we need more med men that are owned by men that look like me.”

While legalization and decriminalization of marijuana continues to gain traction at the state level, one of the criticisms is the lack of access for Black Americans to make money off a substance that put so many behind bars.

He continued, “So, I want to demand that progressives, especially Black Democrats that are out there, start to demand locally marijuana policy on a state level that is inclusive of the people of — Georgia is 35% Black, 35% of those licenses should be for Black people.”

He wants cannabis to be federally legal

Killer Mike also wants President-elect Joe Biden to legalize marijuana as soon as he gets in office.

“I want to challenge Joe Biden to do what Bernie Sanders said he would do which is (to) schedule it on the first day of his presidency,” he added.

“You have the power in that pen to invoke things like gun laws. You should have the power of that pen to take it off the schedule one list, so that if nothing else, it gets decriminalized enough so kids’ lives aren’t ruined forever for that.”