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Lock your doors, shut your blinds and hide your kids. There’s a danger lurking about that’s menacing suburban, rural and urban communities alike: hypocritical politicians trying to get rich off the nation’s burgeoning marijuana industry.
Beware. The list is long and growing.
Follow the money. You could mistake the famous line from the 1976 political thriller All The President’s Men as John Boehner’s acting principle, if you wanted. In a new advertisement, the former Speaker of the House, an infamous anti-marijuana crusader on Capitol Hill, advises would-be investors how to turn a profit in the burgeoning cannabis industry.
Eight years later, medical marijuana has indeed become big business in the Garden State, with some of the dispensaries pushing the limits of the nonprofit law. Two of the dispensaries have struck agreements with out-of-state, for-profit corporations to manage operations, while leaders of a third formed a pair of for-profit businesses affiliated with the dispensary. Another dispensary pays rent for a building owned by its chief executive.
The story of Amber Senter, a businesswoman and activist who attended the weekend campout, dubbed Meadow Lands, goes some way to explain why racial equity will be as difficult to achieve in cannabis as it is in the rest of American life.
Senter moved to Oakland, California, in 2014. A coast guard veteran with a background in corporate marketing and graphic design, she worked as an executive at Magnolia, a dispensary, and became a prominent advocate for women of color like herself in the industry.
Acreage Holdings, a New York-based cannabis company, purchased the vacant, multimillion-dollar greenhouse in Sewell last April as New Jersey's medical marijuana program exploded and the state began preparing for a potentially bustling recreational market.
The 135,000-square-foot greenhouse is adjacent to Delaware Valley Floral, a nationwide distributor of cut roses and flowers, and is located in an area of Gloucester County with scattered houses and farms. The greenhouse could become the largest marijuana cultivation center on the East Coast.
Americans want marijuana to be legal, or at least more legal. A recent Quinnipiac poll found 70 percent of Americans oppose federal interference in state-legal marijuana markets, and even more want some form of access for medical use.
A New York-based cannabis corporation has signed a letter of intent to help Egg Harbor Township medical marijuana dispensary Compassionate Care Foundation expand to meet increased demand.
The agreement to enter into a long-term management contract must be approved through New Jersey’s regulatory approval process, Acreage Holdings said in a statement.
Former Speaker of the House John Boehner's cannabis firm is planning to dramatically expand New Jersey's medical marijuana industry, a signal of the country's gradual but steadily growing acceptance of cannabis. Acreage Holdings, a New York-based cannabis firm operating dispensaries as well as cultivation and processing operations in 11 states, has announced a partnership with Compassionate Care Foundation, a south Jersey medical cannabis dispensary, to break ground on a new cultivation facility.
May 17, 2018: Acreage Holdings (“Acreage”) (www.acreageholdings.com), one of the nation’s largest, multi-state cannabis corporations, has signed a letter of intent to enter into a long-term management contract to assist with expansion and operations of Compassionate Care Foundation, Inc. (CCF), a not-for-profit entity that operates a dispensary and cultivation facility in Egg Harbor, New Jersey. CCF is one of only six Alternative Treatment Centers that holds licenses from the state to grow and dispense medical marijuana.
Feinstein’s about-face comes as she seeks to win reelection in a state where voters approved recreational marijuana in 2016, a move she strongly opposed. Feinstein said she has now changed her mind about legalized cannabis.
Specifically, she told McClatchy that she does not believe the federal government should interfere in states where marijuana is legal for medical and recreational purposes. She went as far as to say she would consider new federal protections for states that have legalized marijuana.