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A Closer Look at Cannabis

Blog Post

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).


Opening the Door to Quality Recovery Housing

From 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.

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

How to navigate the MWBE system, certify joint ventures, and avoid shams.

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

An update on the latest developments in the cannabis banking/lending space by subject matter expert, BMD Scottsdale/Phoenix Office Managing Partner Stephen Lenn

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

As 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.

Non-compete Agreements are Under Fire: What Employers Need to Know

Non-compete agreements are an ongoing topic of dispute. Employers and their advocates point to the efficacy of non-competes in protecting proprietary information. Employees and their advocates argue about worker mobility and that employers unduly burden workers’ ability to seek better jobs. The Biden administration has put forth its position, and state legislatures have introduced bills addressing the enforceability of non-competes. Here is what you need to know: