Nation’s Youngest Black Cannabis Dispensary Owner Celebrates One-Year Anniversary

Against all odds, Cannabis dispensary thrives in its first year and is looking forward to more successes as its footprint expands

ATHOL, Mass., Oct. 12, 2021 (GLOBE NEWSWIRE) — On Oct. 15, 2021, Elev8 Cannabis celebrates its first anniversary, among many other milestones and achievements. Having opened its doors at the height of the pandemic, the Athol, Massachusetts, location is a testament and model for how social equity programs could help provide opportunities in the nation’s fastest-growing industry. With only $50,000 in startup capital, a fraction of what big corporations and funds are spending to enter this space, CEO Seun Adedeji bet on himself to not only bring his stores to life but to provide a blueprint for those that wish to do the same.

“While 2020 was an incredibly challenging year for most, we are grateful for the support that we’ve received from the community in our first year. Our success this year means so much to us and, with that, we have every intention to double our efforts to mentor and help others build their legacy within this industry,” says Adedeji. 

The Athol location is the second of two Elev8 Cannabis dispensaries in operation right now, with licenses secured for two more locations set to open within the coming months. Adedeji was able to secure his own funding to open his locations, which was only half the battle. With limited capital, Adedeji slept in his Eugene, Oregon, dispensary during the early months of owning his first dispensary before moving to Massachusetts to open a second location in a less saturated market. It is important to note that the licenses obtained to open his store and future stores in Massachusetts were not part of the Massachusetts Social Equity Program (SEP) that is tasked with providing opportunity to entrepreneurs with prior non-violent convictions or without the capital. To date, Elev8 Cannabis is projected to generate over $12 million in revenue with the opening of the new stores, making way for new jobs, opportunities, and, of course, more tax revenue for the local communities.

After an incredible year, the Elev8 Cannabis team will be hosting a celebration to commemorate this pivotal milestone and to thank those that have supported the Athol location during its inaugural year. From 12 p.m. to close, guests are invited to join in the festivities. There will be music, food trucks, special guests, and more. All guests must be over 21 years of age to attend. The event will be held at Elev8 Cannabis Athol location at 243 Main St., Athol, MA 01331.

For press inquiries and for more information about Elev8 Cannabis: [email protected]

Related Images

Image 1: Elev8 Cannabis

Logo for Elev8 Cannabis

This content was issued through the press release distribution service at


  • Opinion: It’s time for action on adult-use cannabis in Pennsylvania
    National and local surveys of voters continue to reflect overwhelming support for legalization. Cannabis consumers are no longer asking for permission, instead we are demanding REAL reform at the ballot box. Politicians who make grand promises of cannabis reform should be on notice to start making good, or start looking for jobs in the private sector.
  • Virginia seals 64,000 marijuana distribution charges
    Officials said the records were scrubbed from the state’s criminal record database, which is used by employers like school boards, state agencies and local governments to screen employees.
  • Charlie Crist vows to push for legalizing cannabis as governor
    At a press conference in the state capital, Crist argued that the criminalization of marijuana has negatively impacted Floridians, therefore, he will push for “expungement of all existing charges and sentences for misdemeanors and third-degree felonies for marijuana possession.”
  • Nevada program to help BIPOC cannabis industry applicants
    Nevada’s cannabis rush following the legalization of recreational and medical marijuana saw the rise of another multibillion dollar industry that is predominantly owned and managed by white men. 
  • Judge blocks residency rule for Missouri medical cannabis licenses
    A federal judge last week permanently blocked Missouri from enforcing a requirement that medical marijuana licenses go to businesses owned by residents of the state.
  • SD adult-use cannabis initiative approved to gather signatures
    South Dakotans for Better Marijuana Laws, the group behind last year’s cannabis legalization push, announced yesterday that a new initiative has been approved for signature gathering.
  • Cannabis “tipping point” close, says Marijuana Policy Project head
    During a recent phone interview, Hawkins told Profiles in Legalization that he thinks half of U.S. states fully legalizing cannabis might be the “tipping point” into an end to federal cannabis prohibition.
  • Virginia medical cannabis patients see high prices and long waits
    Jenn Michelle Pedini, executive director of Virginia NORML, the state chapter of the National Organization for the Reform Marijuana Laws, noted the state’s decision to limit the program to five producers, who are only allowed to operate in the specific region of the state in which they are licensed.
  • MS activists rally around the state for medical cannabis laws
    House and Senate negotiators dickered most of the summer on a plan to replace the medical marijuana program the high court shot down. Reeves had said that if lawmakers could reach an agreement, he would call them into special session to pass it.
  • Michigan lawmakers blast integrity of cannabis market, caregivers oppose regulations
    by Marla R. Miller, Michigan Advance When Tanya Kaye’s granddaughter, Anastasia, began having seizures shortly after birth, doctors recommended controlling them with phenobarbital, a barbiturate that slows the activity of the brain and nervous system. Kaye, 40, a medical marijuana caregiver and certified cannabis consultant from Clio, was worried about side effects and developmental delays…