Philadelphia’s impact investors step up to finance local job-creation and a storefront revival

  • In advance of the Total Impact conference in May, ImpactAlpha is again exploring Philadelphia’s push to leverage the region’s assets to build a civic and business infrastructure that can boost livelihoods, revive neighborhoods and reverse inequality.

‘Inclusive cannabis’ investors apply a racial-equity lens to a high-flying industry

  • The crackdown on illegal pot put hundreds of thousands of people behind bars in the U.S. Those felony drug convictions now are keeping many formerly incarcerated would-be entrepreneurs and employees out of the newly legitimate cannabis industry.
  • Some cities and investors are now specifically advantaging those disproportionately impacted by the decades of prohibition.