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Highlights from the BMD Healthcare Leadership Summit Held in Orlando, FL, January 11, 2018 - January 13, 2018

Blog Post

The year's Healthcare Leadership Innovation Summit theme focused on entrepreneurism in healthcare as we sought to reach various specialties and stakeholders within the healthcare industry.  There were 3 days of insightful programming and exclusive networking.  There was a diverse range of presentations that highlighted various hot topics and trends in the healthcare industry.  Our Platinum Sponsor, GBS Corp., kicked off the Summit and set the stage with Eugene Calabria as the Keynote Speaker discussing “Embracing the Value of Entrepreneurship in Healthcare.”  This was followed by Dr. Scott Ackerman who spoke about maintaining a successful, independent practice highlighting the success of the Ackerman Cancer Center.   

Our Silver Sponsor, Oswald Companies, discussed “What Employers Are Looking For” from the healthcare industry and introduced the Performance Health Incentive Network we are building throughout Ohio to directly tie providers with employers.  This presentation nicely tied together Summit presenters and espoused collaboration with various stakeholders in the healthcare community such as wellness initiatives, cancer prevention and early detection, and chronic care management.

Our Summit also focused on many panel discussions highlighting the following:

  • Hot trends in long-term care (interior design hot trends, risk management and emergency preparedness, using predictive modeling, and planning for long-term care)
  • Opportunities in micro-hospitals (specialized and concierge care as well as highlighting unique partnerships)
  • Utilizing evidence-based protocols to leverage risk (both from the employer and managed care standpoint)
  • Wellness in healthcare environments (WELL building standards and wellness initiatives)
  • Collaboration in healthcare design and construction (discussing the integrated project delivery model)

Finally, we had many presenters highlight various entrepreneurial opportunities they have personally developed:

  • New solutions for healthcare disinfection
  • Software for office efficiency to improve productivity
  • Proactive strategies for healthcare compliance and using risk-based software
  •  New solutions for healthcare financing and investment

If you would like more information, please do not hesitate to contact a member of our Healthcare Team


Explosive Growth in Pot of Gold Opportunity for Bank (and Other) Cannabis Lenders Driving Erosion of the Barriers

Our original article on bank lending to the cannabis industry anticipated that the convergence of interest between banks and the cannabis industry would draw more and larger banks to the industry. Banks were awash in liquidity with limited deployment options, while bankable cannabis businesses had rapidly growing needs for more and lower cost credit. Since then, the pot of gold opportunity for banks to lend into the cannabis industry has grown exponentially due to a combination of market constraints on equity causing a dramatic shift to debt and the ever-increasing capital needs of one of the country’s fastest growing industries. At the same time, hurdles to entry of new banks are being systematically cleared as the yellow brick road to the cannabis industry’s access to the financial markets is being paved, brick by brick, by the progressively increasing number and size of banks that are now entering the market.

Celebration of Asian American and Pacific Islander Heritage Month

In recognition of Asian American and Pacific Islander Heritage Month (AAPI Heritage Month), Brennan Manna and Diamond is proud to recognize the contributions and achievements of our AAPI members.

Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

The announcement by Fluresh, a vertically integrated Michigan based cannabis business, of the closing of loans from a federally insured commercial bank totaling almost $50 million represents an important landmark for both Fluresh and the cannabis industry writ large. For Fluresh, perhaps as important as the bottom-line benefits of lower cost financing, the fact that its operations and financials passed muster with a substantial commercial bank can be regarded as an important rite of passage. For the industry, it reflects its inexorable movement out of the shadows and into the mainstream. This substantiates the view that, whether or not any of pending the federal legislation is enacted, bank lending to the cannabis industry will continue to accelerate.

Out of the Shadows | An Investor Summit Recap

After a COVID hiatus of more than 2 years, I rejoined the institutional cannabis investment speaker circuit, offering the closing remarks at the Kahner Global Cannabis Private Investment Summit in Coral Gables, Florida. My remarks addressed how banking developments are increasingly impacting cannabis investment, operating and financial strategies and decisions, for both plant touching and the growing array of ancillary businesses serving the industry.

BMD Announced in Best Law Firms 2022 List

We are excited to announce that BMD is included in the 2022 Edition of U.S. News – Best Lawyers “Best Law Firms,” recognized for professional excellence with consistently impressive ratings from clients and peers. The full firm report is included.