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A Closer Look at Cannabis

Blog Post
December 8, 2023

The following text is an excerpt from the Akron Beacon Journal, published on December 7, 2023:

Public health, enforcement and more: Your questions answered about marijuana legalization

Patrick Williams Special to the Akron Beacon Journal
Published 6:05 a.m. ET Dec. 7, 2023 | Updated 6:06 a.m. ET Dec. 7, 2023

At the Nov. 30 Akron Roundtable event "A Closer Look at Cannabis," moderated by Andrew Meyer, deputy editor of news Ideastream Public Media, a varied group of panelists spoke about expected and potential outcomes and efforts of marijuana legalization.

When will the general public be able to purchase marijuana?

BMD Member, Victoria L. Ferrise, shared that she does not expect commercial sales for adults ages 21 or older to begin until late September or early October 2024.

Currently, cannabis dispensaries will still only be accessible to medical marijuana patients.

Read the full article here (Content may require a paid subscription).

Cannabis industryissue 2victoria ferrise
Blog Post

Inside M7 Holdings' Innovative Investment Strategies

March 27, 2023Anthony S. Manna, Founder and Chairman of Brennan Manna Diamond LLC, M7 Holdings LLC and Signet LLC was recently interviewed on the Matt Brown Show as part of their "Private Placement Perspective" series. Anthony gave insight into the operations of M7 Holdings and the company's business family investment philosophy. Watch the full interview below!Blog Post

Opening the Door to Quality Recovery Housing

March 15, 2023From March 8–9th, Ohio Recovery Housing (ORH) — the oversight authority for ORH-certified recovery residences operating in the state of Ohio — hosted its 2023 Annual Conference, “Opening the Door to Quality Recovery Housing,” which boasted a room full of housing providers, delivered timely educational updates, and featured prominent speakers in the recovery housing space.Blog Post

Spotting a Sham - What You Need to Know About MEB/BD Business Certification Processes

February 7, 2023How to navigate the MWBE system, certify joint ventures, and avoid shams.Blog Post

Invitation to Banks & Family Office/Ultra-high Net Worth Investors Exploring Cannabis Lending to Join Our Informal Institutional Cannabis Lenders Community

December 2, 2022An update on the latest developments in the cannabis banking/lending space by subject matter expert, BMD Scottsdale/Phoenix Office Managing Partner Stephen LennBlog Post, Client Alert

Community Banks: Collaboration, not isolation, is the key to protecting/ enhancing the cannabis business you pioneered

August 26, 2022As we prepare for the plenary session of the informal institutional cannabis lenders community announced in my previous article, I am pleased to advise that participants now include 5 of the best-known dedicated loan funds; a select group of commercial banks ranging in size from single state community banks to mid-size regionals making cannabis loans into the mid-8 figures; and, a syndicator of credit union cannabis loans.
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