As of June 1, 2022, the Division is reporting 18.2% minority owners, exceeding its target goal of 16.8% by June 30, 2022
DENVER, Colo. - July 7, 2022 - The Colorado Marijuana Enforcement Division (MED) released licensee demographic data for June 2022. The Division is committed to reporting information that allows the state and members of the public to understand the diversity landscape of Colorado’s Regulated Marijuana industry and measure progress on statewide social equity-related initiatives. The following tables provide additional insights into the demographics of Colorado’s commercial marijuana industry.
Regulated Marijuana License Demographic Information as of June 1, 2022
Cannabis Cabinet Wildly Important Goal (WIG) FY 21-22: Promote equity, diversity, and inclusion in the marijuana industry, measured by an increase in minority-ownership of marijuana businesses from 15.2% to 16.8% by June 30, 2022.
| Licensee Measure | Baseline Data | As of June 1, 2022 | Target/Goal By June 30, 2022 |
|---|---|---|---|
Percentage of Minority Owners | 15.2% | 18.2% | 16.8% |
As of June 1, 2022, there are 76 approved Social Equity licensees (5 issued in May) associated with a business license.
June 1, 2022 Race/Ethnicity Data:
- Employee Licenses: Approximately 31% or 12,226 Employee licenses did not disclose or their race/ethnicity is unknown.
- Owner Licenses: Approximately 4% or 89 Owner licenses did not disclose or their race/ethnicity is unknown.
- Employee Licenses: Those who disclosed their race/ethnicity as Caucasian held 66.0% of Employee licenses, compared to 6.3% who disclosed themselves as Black, and 17.5% for those who disclosed themselves as Hispanic/Latino.
- Owner Licenses: Those who disclosed themselves as Caucasian held 81.8% of owner licenses, compared to 3.2% for those who disclosed themselves as Black and 8.7% for Hispanic/Latino.
| License Type | Asian | Black | Caucasian | Hispanic/Latino | Mixed Race | Native American | Native Hawaiian/ Pacific Islander | Total |
|---|---|---|---|---|---|---|---|---|
| Employee | 432 (1.5%) | 1,852 (6.3%) | 19,447 (66.0%) | 5,143 (17.5%) | 2,025 (6.9%) | 479 (1.6%) | 88 (<1%) | 29,466 (94.1%) |
| Owner | 74 (4.0%) | 60 (3.2%) | 1,515 (81.8%) | 161 (8.7%) | 31 (1.7%) | 9 (<1%) | 3 (<1%) | 1,853 (5.9%) |
| Grand Totals | 506 (1.6%) | 1,912 (6.1%) | 20,962 (66.9%) | 5,304 (16.9%) | 2,056 (6.6) | 487 (1.6%) | 91 (<1%) | 31,319 |
Overall Individual License Data Gender Data as of June 1, 2022
- Employee License: Women hold approximately 39% of employee licenses.
- Owner Licenses: Women hold about 19% of owner licenses.
| License Type | Female | Male | Non-Binary | Not Disclosed | Total |
|---|---|---|---|---|---|
| Employee | 16,092 | 25,408 | 88 | 104 | 41,692 |
| Owner | 364 | 1,578 | 0 | 0 | 1,942 |
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The Division began reporting aggregate demographic data in April 2021. For the full demographic data report, and to see reports from previous months, please visit the MED Demographic Data page here: https://sbg.colorado.gov/med/licensee-demographic-data