Philanthropy Blooms Nationwide in the Cannabis Industry By Sean McCaughan

Cannabis companies across the country are doing much more 'good' than just providing a product or service or even spurring economic activity. Many are embarking on their own campaigns of philanthropic giving, hoping to aid the neediest in their communities. In a recent post, GreenState reported on some fantastic charities in California, shedding light on what cannabis companies are doing for good in that particular state.

Bloom Farms, a Oakland-based cannabis manufacturer, recently announced it has donated 1 million meals to needy Californians since 2015.

The company donates a meal to a nearby food bank for every single product sale it makes in its dispensaries.

“We’re fortunate to be in California and in a community where the cannabis industry is thriving and fortunate that they are initiating these philanthropic efforts from the beginning,” [David] Goodman [Bloom Farms' Cheif Financial Officer] said, “because so many companies big and small think it’s something they’ll do later on when they have more money. That it’s built into their DNA is really admirable.”

As GreenState points out, the medical marijuana movement is rooted in charity.