Non-profits might want to take donations from the cannabis industry, but not at the risk of losing federal dollars. Meanwhile, “many of them are stuck worrying about ostracizing donors and partners,” some of whom might have retrograde opinions on the subject, said Steve Steck, founder of Heroic Vice, which offers advice on charitable giving to companies in industries like porn, liquor, and, for now, cannabis, that are seen as problematic. On the national level, “A lot of charities just don’t want to be the early adapter,” he said, adding that more will come around as the stigma continues to lift.
Read MoreThe last two decades have been great for social good. Charities and not-for-profits have joined with businesses to begin to transform the passive model of corporate philanthropy into an engaging blueprint for corporate activism.
Read MoreThis conversation dove into how companies in the cannabis sector could and should shift their thinking about how, when and where they inject social impact into their companies and brands.
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