"Profit and purpose don't have to be at odds with one another," said OKAY Cannabis CEO Ameya Pawar.
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OKAY Cannabis is a social equity dispensary that is minority owned. Pawar is co-owner and CEO of both businesses, and said they purposefully chose to open in Evanston.
"We wanted to open in a community that was going actually repair the harms of the racist war on drugs, to find ways to repair harms of slavery and institutional racism," he said.
Evanston began its mission of reparations in 2020, but at the time the revenue from a single dispensary's taxes wasn't enough. Since then, the city approved a real estate transfer tax designated for reparations.
READ MORE: Some say Evanston reparations program working, others say more to do years later
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Taxes from this second dispensary are expected to more fully support the city's commitment to reparations.
"If you are willing to tell the truth to yourself about your own past that can paint an ethical and just way forward," said Mayor Daniel Biss.
"Right now we have fully funded all of our ancestors; that is the first category, those who were directly harmed. These residents are about 70 years and older," said Robin Rue Simmons, chairwoman of the Evanston Reparations Committee.
So far Evanston has distributed nearly $3 million in reparations to ancestors, but hundreds more have applied for reparations as descendants.