Policy Talk: Cannabis in Real Estate
With the opening of cannabis retailers in Massachusetts, investors, entrepreneurs, and real estate professionals are navigating the opportunities and risks associated with the emerging marijuana industry.
How are cities and towns approaching zoning for recreational and medical marijuana shops and facilities?
Are Boston’s real estate professionals prepared for the land use implications of the cannabis industry?
Join us on January 29th to hear what our Policy Tank has to say.
Harrison Klein, Associate, Marcus & Millichap
Harrison is focused on the sale of office and industrial buildings in Suburban Boston and New England. He began his real estate career in South Florida brokering distressed assets during the past recession. In Florida, he listed and sold over one hundred properties including office, industrial, apartment, land, educational and entertainment properties. Harrison joined Marcus & Millichap when he moved back to his hometown of Boston. His expert knowledge of the local market allows him to provide unparalleled advice to investors and users of office and industrial buildings.
Tito Jackson, Chief Executive Officer, Verdant Medical
Prior to his time as CEO at Verdant Medical, Tito served in the administration of Massachusetts’ first African-American governor, Deval Patrick, attracting and expanding IT companies such as Google and Microsoft to the state, and later served as the Governor’s Political Director. Most recently, he served as Boston’s District 7 City Councilor for seven years and, in 2017 he mounted a campaign in hopes of becoming Boston’s first African-American Mayor. As City Councilor, Tito represented all of Roxbury and parts of the South End, Dorchester and Fenway neighborhoods. He also served as Vice Chair of the Committee on Government Operations. His work on these and other Committees emphasized the importance of equitable economic revitalization for all of Boston’s residents.
Valerio Romano, Partner, Vicente Sederberg LLC
Valerio focuses his practice on all aspects of land use and municipal law, representing numerous cannabis business licensees and prospective licensees from the Berkshires to Cape Cod. Since 2012 he has been working with clients through the application and licensing process, helping to site and secure real estate and maintain ongoing regulatory compliance. He also works regularly with mayors, city councilors, selectmen, planners, police chiefs, and state officials to resolve issues cannabis businesses face with host communities.
Valerio has been a staunch advocate for sensible marijuana policy for more than a decade. He was a member of the drafting committee for Question 4, the 2016 ballot initiative that legalized marijuana for adult use and opened the doors for the legal cannabis industry in the Commonwealth. He previously worked with cannabis pioneers at Pier 5 law offices in San Francisco to defend against the government’s overreach into the marijuana industry.
Beth Waterfall, Executive Director, ELEVATE Northeast
Beth is on a mission to use education, compassion and advocacy to break the stigma against people who use and work with cannabis. Recently named to the Boston Journal’s 2018 40 Under 40 list, Beth is founder and executive director of ELEVATE Northeast, managing director of the New England Cannabis Conventions, and founder and president of cannabis marketing and events consultancy Beth Waterfall Creative. As a marketing advisor, she helps cannabis executives and companies grow through effective communications, strategic connections and unforgettable event experiences.
Moderator: Mannika Bowman, Director, Policy and Outreach, ULI Boston/New England
Manikka leads the District Council in policy and content management and connects members to ULI’s national initiatives. Manikka also serves as an elected official on the Cambridge School Committee. In this role, she serves on Buildings and Grounds Committee where she leads the school district in the management of 1.6 million square feet of educational facilities and leads ongoing conversations about current and future development and renovation projects.