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Demonstrators in New York City seeking to end racial bias in marijuana arrests. Photo: Erik McGregor/Pacific Press/LightRocket via Getty Images

With states rapidly legalizing marijuana, concerns are growing among social justice advocates that people of color — who have been disproportionately harmed by the war on drugs — do not have equitable access to the burgeoning cannabis industry.

The big picture: Less than a fifth of marijuana business owners identify as racial minorities, and only 4.3% are African American, according to a survey by Marijuana Business Daily.

”Axios on HBO" spoke to Kika Keith, a community organizer and applicant to L.A.’s social equity program, who has been paying rent on an empty storefront for almost a year — but is still waiting for a license to open her business.

  • “Don't give us any handouts, but give us that opportunity to compete,” she says.

Pot means a potential windfall, at least for the few: 

  • When former politician John Boehner joined the board of U.S. marijuana company Acreage Holdings, he was granted shares currently worth about $12 million. If the company gets sold as anticipated, Boehner's stake will be closer to $20 million. 
  • Boehner was "unalterably opposed" to legalization when he was a politician, a stance that had significant criminal-justice consequences.
  • He told "Axios on HBO": "I don't know that there's any harm that's been done" by any delay in legalizing marijuana.
  • The main obstacle facing people of color interested in breaking into the legal marijuana business, said Boehner, is access to capital.

The bottom line: L.A. has yet to issue a single license to a social-equity applicant who wants to open a retail dispensary. Meanwhile, the overwhelmingly white executives and venture capitalists behind North America's largest marijuana companies are already sitting on billions of dollars in stock.

Go deeper:

Go deeper

Journalism's two Americas

Illustration: Shoshana Gordon/Axios

There's a sharp divide in American journalism between haves and have-nots. While national journalists covering tech and politics on the coasts reap the benefits of booming businesses and book deals, local media organizations, primarily newspapers, continue to shrink.

Why it matters: The disparate fortunes skew what gets covered, elevating big national political stories at the expense of local, community-focused news.

Updated 9 hours ago - Sports

Olympics dashboard

🚨: Japan's Naomi Osaka lights Olympic cauldron; Photos

👻: How the no-spectator Olympics could affect the athletes

🇺🇸: "What an honor it is to watch you soar," first lady tells U.S. Olympians

🌏: Meet the underdogs from Latin America

🥇: The six new sports at Tokyo 2020

💉 About 100 U.S. Olympic athletes are unvaccinated

✍️ Axios at the Olympics: What it's like inside the opening ceremony

Go deeper: Full Axios coverage

Senate Democrats demand answers on FBI's Kavanaugh probe

Photographer: Andrew Harrer/Bloomberg via Getty Images

Senate Democrats are demanding that the FBI hand over "all records and communications" related to the FBI tip line set up to investigate Supreme Court Justice Brett Kavanaugh when he was a nominee in 2018.

Why it matters: The ask comes after the FBI revealed it received more than 4,500 tips about Kavanaugh when he was awaiting Senate confirmation amid sexual assault allegations. Only the most "relevant" of these tips were forwarded to the Trump White House.