Venue
The LA Grand Hotel Downtown
The LA Grand Hotel Downtown, 333 S Figueroa St, Los Angeles, CA 90071, USA

What is Qwoted?

Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.

Event Date Thu Jan 24 EST - Sun Feb 24 EST (almost 6 years ago)
Location The LA Grand Hotel Downtown
333 S Figueroa St, Los Angeles, CA 90071, USA
Region Americas
Details

WHAT YOU'LL LEARN
1. How have cannabis dispensaries like MedMen been able to normalize cannabis in a retail space by changing the in-store experience and consumer perception?

2. What is the criteria and process of retail site market selection for retailers, distributors and manufacturers?

3. Local zoning ordinances and regulations and their effect where businesses can be located - are out of state businesses eligible for a license with operations in CA?

4. Has the stigma of being or leasing to a cannabis tenant changed as the political risk of investing in pot continues to subside?

5. How are institutional investors capitalizing on the potential they see in creating new innovation hubs, office parks, and upscale retail around this emerging opportunity?

WHY THIS MATTERS
Even as a relatively new industry, the regulated legal cannabis market is predicted to reach $24.5 billion in sales – a 28% annual growth rate by 2021 – as more states legalize marijuana for recreational use and existing markets mature. In California alone, the $2.7 billion legal marijuana sales are expected to grow more than 18 percent annually to hit $5.6 billion by 2020.

Cannabis companies like MedMen, dubbed the "Apple store" of marijuana have been able to normalize the retail experience, changing consumer conception of a typical cannabis dispensary. As time goes on, landlords and institutional investors are being put at ease and beginning to look at businesses in the cannabis and tech space as well as anything ancillary to the plant-handling part of the industry.

Due to a previous lack of a comprehensive regulatory system in the state, owners, investors, retailers and growers/manufacturers found it difficult navigate the marijuana licensing process. In 2019, has the legal and regulatory process for cannabis licenses gotten any easier?

Join us for a timely and informative discussion on Cannabis CRE 101! Learn about the marijuana industry governed by new legal, regulatory and evolving complexities and how to get in on the action!

Speakers

2019 Speakers:

Paul Smithers
President & CEO, Innovative Industrial Properties (IIPR)

Chris Ganan
Chief Strategy Officer, MedMen

Richard Acosta
CEO & Managing Partner, Inception REIT

David Paletz
Regional Director, Novus Underwriters

Matt Solomon
Senior Associate, Lee & Associates

Jamarah Hayner
President, JKH Consulting

Troy Dayton
CEO, Arcview Group

Cat Packer
Executive Director, Department of Cannabis Regulation

Amanda Ostrowitz
CEO & Founder, CannaRegs

Jennifer Tung
Chief Risk Officer, PLUS Products

Jeff McConnell
Partner, Englander, Knabe & Allen

Stanley Jutkowitz
Senior Counsel, Seyfarth Shaw LLP

Sponsors & Partners

2019 SPONSORS:

• SEYFARTH SHAW
• CannaRegs
• EKA
• THE ARCVIEW GROUP
• LA LEE & ASSOCIATES
• NOVUS UNDERWRITERS
• JKH