Article by Kelly Coulter, Lift
In honour of International Women’s Day, the cannabis industry must take a good long look at how it will not only include and support women, but also raise them up. This will require forward thinking folks, and some fierceness on all of our parts.
There are initiatives from within the sector, but also significantly outside of the industry, that women would be well-advised to tap into. The recent announcement by the Canadian and American federal governments of the creation of a Canada−United States Council for Advancement of Women Entrepreneurs and Business Leaders—a joint initiative meant to help businesses owned by women as a way to contribute to economic growth, competitiveness and the integration of the two economies—is a signal of what is to come for all women.
Some of us may feel like we have been here before. In her recent editorial for Maclean’s, Arlene Dickinson pulls no punches:
“We already know the challenges that women face when starting a business. We know that financial markets are tilted against women, and that, as a rule, women have more difficulty accessing capital from investors and banks alike.
“But we also know that women-owned businesses, on average, perform very well compared to those owned solely by men. And we know that if a company’s board includes a strong contingent of women, it will more likely do better. So, smart companies are now taking steps to seek out and support women entrepreneurs and leaders—not out of pity, but out of self-interest.”