Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana

Some states that have legalized marijuana are encouraging minorities to enter the growing cannabis industry after years of drug enforcement that had a disproportionate effect on black and Hispanic communities.

First Trust Portfolios, an Illinois-based fund manager that oversees more than $100 billion, has filed paperwork to establish an investment vehicle containing medical marijuana stocks.

The real surprise is what this bill wouldn’t legalize, if approved.

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