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Opening the Door to Quality Recovery Housing

Blog Post
March 15, 2023

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.

 

Among the topics discussed included federal and Ohio fair housing law(s), landlord-tenant compliance considerations, building strong employment and other community-based relationships, overcoming barriers related to medication-assisted treatment (MAT), and best practices for crisis response. Notably, ORH kicked off day two of this years’ conference by hosting Jamie Carmichael, the Assistant Director for Community Planning and Collaboration for the Ohio Department of Mental Health and Addiction Services (OhioMHAS), who discussed state-level recovery housing initiatives and pressing budget considerations in light of Governor DeWine’s proposed Executive Budget for Fiscal Year 2024–2025 — a significant portion of which, if passed, has been allocated to expanded behavioral health, including recovery housing , services.

 

ORH did a commendable job jampacking its two-day conference with valuable and insightful information on the current and future state of recovery housing throughout the state. With that said, federal and state-compliant, quality operational standards are high and ever-evolving. If you currently operate, or are considering establishing, a recovery house in the state of Ohio and need assistance with compliant policies, procedures, operations, or other guidance, please do not hesitate to reach out to Monica Andress at (330) 253-9153, or mbandress@bmdllc.com.

Fair HousingOhio Recovery Housing
Blog Post

Celebration of Asian American and Pacific Islander Heritage Month

May 1, 2022In 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.Blog Post

Fluresh Cannabis’ Bank Loan: Moving Into the Mainstream

April 18, 2022The 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.Blog Post

Out of the Shadows | An Investor Summit Recap

February 9, 2022After 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.Blog Post

BMD Announced in Best Law Firms 2022 List

November 4, 2021We 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.Blog Post

Key Takeaways from BMD’s Banking and Cannabis Webinar

October 14, 2021Estimates have shown that the cannabis industry is one of, if not the, fastest growing industries in the United States in recent years, with no sign of slowing. Growth requires capital. Banks need loans, and cannabis companies, which are rapidly becoming bankable need access to lower cost bank lending. While cannabis remains federally illegal, an impediment to access to financial institution credit, banks and credit unions are nevertheless entering the market in increasing numbers.
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