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GREENACRE IN THE NEWS – Quoted by MJBIZDAILY

GreenAcre in the News – Quoted by MJBIZDAILY

 Rolando Vazquez, GreenAcre’s President, was quoted by Marijuana Business Daily (“MJBIZDAILY”). MJBIZDAILY is the leading news resource in the Cannabis Industry. The magazine’s content is written by professional journalists, who specialize in the  Cannabis Industry.  In a phone interview Mr. Vazquez provided detailed information of the current status of Florida’s Medical Marijuana Industry. Specifically his opinion regarding the numerous lawsuits filed against Florida’s Department of Health and the recent award of a license to the applicant Nature’s Way Nursery.
GreenAcre remains to be the leading consulting firm in Florida and a point of reference of knowledge for the Cannabis Industry.
“More people are just saying, ‘I’m going to sue … and try to get a license.’” Vazquez said.  “They’re inviting more litigation because of precedent.”


GreenAcre at the Cons 

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From May 29 until April 1st, GreenAcre participated as one of the sponsors for “The Cons” at the SLS in Miami Beach. During the event GreenAcre’s Presdient and Florida Attorney, Mr. Rolando Vazquez spoke about legal issues related to the Cannabis industry. Mr. Vazquez met other great advocates for the two other industries involved in this event which were the tattoo and Cam industry. Mr. Vazquez was able to meet and talk with famous cam stars such as Dani Daniels which served to understand a little bit more about how hard it is to work and be successful in that industry, a detail which is sure to allow Mr. Vazquez to further his goal of advocating and promoting Cannabis to the world, especially in Florida.

Mr. Vazquez had meetings with other cannabis supporters such as Pete Findley and Baxter Baldwin who are respectively the Chief Executive Officer and President of Exhale Nevada which is a Marijuana Dispensary in Nevada. They were interested in meeting Mr. Vazquez as he is well known by the cannabis industry, also Mr. Vazquez is well versed in the Florida Law, which is an area that many cannabis based companies want to start moving into as it has a whole lot of potential. Over all the “The Cons” was overall a success as it brought together three industries that are taboo in society and are also three industries that can learn from one another and together break that stigma.

 

Cannabis Industry Leaders Come Together This Spring At The Cons
Experts in the fields of cannabis, tattoos and alternative modeling will converge this spring at The Cons.

The Cons — Simultaneous Camming, Cannabis, and Tattoo Expos — Are Coming to South Beach

Cam Con 2018’s Neon Night Swim Soiree (NSFW)

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OKLAHOMA’S MEDICAL MARIJUANA PROGRAM

OKLAHOMA’S MEDICAL MARIJUANA PROGRAM

The state of Oklahoma is planning to restrict their Medical Marijuana Program. The people of Oklahoma are expected to vote to approve a Medical Marijuana Program by June 2018.

Once again a state designates its Department of Health to make the decisions concerning medical marijuana. For example, in Florida the Department of Health is in charge of deciding and regulating the medical marijuana program. Oklahoma’s Senate proposed Bill 1120. This Bill enables the Department of Health to set the price of each dose a patient can buy.

On Monday February 26, 2018, the Bill 1120 passed the Senate Health and Human Services Committee. The Bill passed with 6 votes in favor and 5 in opposition.

The proposed Bill has generated an abundant amount controversy, particularly the language of the bill that expresses the penalties for doctors that recommend Medical Marijuana. If this bill passes only certain patients with the enumerated ailments will be able to access their medicine. The allowed ailments are neuropathic pain, persistent muscle spasms, nausea or vomiting due to chemotherapy or loss of weight and appetite due to cancer, HIV or AIDS. The spirit of the state’s amendment was to have the doctor decide which patient needs Medical Marijuana as medicine.

Similar to Florida’s MMJ program, the proposed program in Oklahoma intends to significantly limit the number of licenses by limiting the number or growers and dispensaries.

We will have to wait and see what happens in June. Based on our experience in the Florida market we can foresee the Oklahoma’s medical marijuana program will be extremely restricted. Having a restricted market directly affects the patients, who need immediate access to relief. The problem we keep encounter is the stigma around “marijuana.” It is not disputed that cannabis in all of its forms, marijuana and hemp, has a numerous medical benefits. By limiting the access to this medicine, the opioid crisis will not diminish. Statistically, states with comprehensive regulatory programs decrease their opioid abuse. As such, it’s obvious the world is looking for access to safer medicine!

Rolando Vazquez, Esq. 

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http://newsok.com/oklahoma-lawmakers-taking-shot-at-medical-marijuana-regulations-before-vote/article/5584882

http://www.tulsaworld.com/homepagelatest/bill-to-regulate-medical-marijuana-narrowly-advances-from-senate-committee/article_0124e5f3-dcdd-55d0-90f4-4ee370874c4d.html

https://www.usnews.com/news/best-states/oklahoma/articles/2018-02-27/oklahoma-lawmakers-consider-medical-marijuana-regulations

 

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Application Process for Medical Marijuana Treatment Center (MMTC) in Florida

 

Application Process for Medical

Marijuana Treatment Center (MMTC) in Florida

In Florida, the application for a Medical Marijuana Treatment Center (MMTC) was released on September 19th, 2017. Licensed medical marijuana treatment centers are authorized to cultivate, process, transport and dispense medical marijuana. MMTC’s are the only businesses in Florida authorized to dispense and deliver medical marijuana to qualified patients and legal representatives. Some areas in the application are exactly the same as the Low THC application. Nonetheless, the application has its differences. One important difference is the page count limit imposed on the new applicants. This requirement limits the applicant’s ability to illustrate their uniqueness, creativeness and capabilities, amongst other trades and characteristics. 

Applicants must submit a non-refundable check of $60,830.00, which is an increase from the previous application fee of $60,063.00. Further, the program changed its name to The Office of Medical Marijuana Use, previously known as the Office of Compassionate Use. Tiebreaker language was also included in the application. Certified financials, business structure, diversity plan and accountability-operations, seem to be of paramount concern to the DOH, since these areas will determine the tie breaker in the event two candidates score the same.

Floridian entrepreneurs now have a cannabis investment opportunity, where before they had to be willing to invest in another state. But what should a potential investor look for in an investment opportunity? “When kicking the tires,” an investor should assess the board of directors, shareholders, and employees.

On a final note, some investors do not know the important differences between the low THC application and the current application process under Senate Bill 8A. Some of the applicants are confused as to the applicable rules. We strongly recommend that investors hire expert cannabis consultants for the application process. GreenAcre Consulting Team is the leading consulting firm in Florida for the Cannabis Industry.

Thank you,

Signature Rolando Vazquez copy

The complete article is available in the new edition of HIGHLIFE LOGO MAIN

 

 

BERKELEY, CA - MARCH 25:  Samples of medicinal marijuana are displayed at the Berkeley Patients Group March 25, 2010 in Berkeley, California.  California Secretary of State Debra Bowen certified a ballot initiative late Wednesday to legalize the possession and sale of marijuana in the State of California after proponents of the measure submitted over 690,000 signatures. The measure will appear on the November 2 general election ballot.  (Photo by Justin Sullivan/Getty Images)

Florida: MMTC LICENSES ARE STILL AVAILABLE 

 

 

Florida: MMTC licenses are still available

The Department of Health (“DOH”) did not meet the required deadline of October 3rd, 2017, to release the new five Medical Marijuana Licenses. 

This means that potential investors still have a chance to apply or adhere to applicants that are seeking for investment. If you consider you qualify or you have any interest in applying, contact GreenAcre at 1-888-428-3260 or at info@greenacreteam.com.

Please click on the following link, we are sharing with you an article from Dara Kam explaining the current situation in Florida. Florida will miss deadline for handing out medical-marijuana licenses. For more information, do not hesitate to contact us to schedule a consultation with one of our consultants. 

Thank you, 

 

Signature Rolando Vazquez copy

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Last Call! For Florida MMJ License Applicants

Last Call! For Florida MMJ License Applicants

The application process to obtain a Medical Marijuana (“MMJ”) license in the state of Florida has finally begun. Governor Rick Scott signed SB-8A in late June and since that time prospective applicants started gathering their resources to ultimately submit a competitive application. GreenAcre Consulting Team currently has two slots available to help assist potential applicants.

The state revenue impact study projects that the Florida cannabis industry will reach $542 million in sales by 2022. The assessment also projects that 472,000 patients will register by such time. The projections are only assessed under a medical marijuana program and not an adult use program. Under an adult use program, cannabis research firms project Florida will be 1.5 – 2 billion-dollar market by 2020 or 2022, depending on when the market changes to adult use.

Currently, Seven Medical Marijuana licensees are operating in the state of Florida. Under the new MMJ program ten (10) new licenses will become available by the latest, October 3rd. A licensee under the new program will undertake an operational responsibility that entails cultivating, processing, transporting and dispensing medical marijuana. Additionally, the licensees will have the ability to open 25 dispensing facilities anywhere in the state of Florida, and for every 100,000 patients that register in the states registry, the licensee will be allowed to open 5 more dispensing locations. Contemporaneously, when the state registry reaches 100,000 patients, four (4) new licenses will be awarded. Lab testing facilities will be an independent third party.

Initial investments to submit a competitive application is project to cost $200,000, but could cost more depending on certain variables. The latter involves a comprehensive business plan, application assistance, the vetting, amongst other variables. During the build out phase a capital of 5-7 million-dollars is needed. This amount entails the cultivating, processing, transportation vehicles and one dispensing facility. A complete build out of all facilities, including the complete 25 dispensaries would require roughly 30 million-dollars.

If your group or company wants to apply for a MMJ license in the state of Florida contact GreenAcre Consulting Team.

 

Signature Rolando Vazquez copy

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GreenAcre Once Again Ahead of the Game – A Special Session on MMJ Happened Against All Odds

GreenAcre Once Again Ahead of the Game –
A Special Session on MMJ Happened Against All Odds

In May of 2017, the Florida Legislature failed to reach an agreement on how to implement the State’s new Medical Marijuana Program, but this past Tuesday night an agreement between the House and Senate would continue this discussion during this week’s special session.

During the regular session, differences in opinion over a few fundamental elements found within the medical marijuana bill precluded the agreement from materializing. According to several sources, including the Miami Herald, those differences seem to have been resolved.

As GreenAcre predicted in early May, the latest bill agreed on 10 new vertically integrated licenses. Out of the 10 new licenses, 5 would be reserved for the second place applicants of the States “Charlotte’s Web” application process, where applicants applied in one of five regions. One license would be available for a group of farmers, which the State of Florida deems a minority group. Additionally, the Department of Health is required to extend preference on up to two licenses to facilities that are, or were in the industry of processing, concentrating, or canning, citrus fruit or citrus molasses.

The bill further expresses that four licenses will be issued for every 100,000 patients who are registered on the States medical marijuana registry. Licensees will be capped at 25 dispensaries per license, and five additional dispensaries for every 100,000 registered patients. Said dispensary cap would sunset in 2020 in the event legislators fail to legislate otherwise.

The bill has no single line of reasoning and is clearly developed on the conglomeration of lobbying efforts supported by the wrong corporate dollars and Politian’s who put their financial endeavors before the needs of Florida patients. This bill is undoubtedly one of the worst pieces of medical marijuana legislations in the world, from an objective perspective.

From the above-mentioned legislative fiasco, one positive element shines through, that being that a few vertically integrated licenses will be available. Now it’s time for those well seasoned canna-entrepreneurs to come into the Florida market and show the current players how the game is played.

Signature Rolando Vazquez copy

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The Legality of the Medical Marijuana Program in Florida

 

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The Legality of the Medical Marijuana Program in Florida

The Legality of the Medical Marijuana

Program in Florida

In Florida, the Medical Marijuana licensee “Trulieve” began distributing marijuana flower in its dispensaries and through their home delivery service. Accordingly, the Office of Compassionate Use (“OCU”) issued a cease and desist notice, demanding Trulieve to stop such sale. Initially the Department of Health (“DOH”) approved the sale of the product; however, the use was for vaporizing methods only. When the DOH discovered that the flower could be removed from its container and use in forms other than vaporizing, they step in with the cease and desist notice.

In early May, Florida legislators failed to reach an agreement regarding the states new medical marijuana program under Amendment 2. Despite the failed compromise, current MMJ licensees have been distributing high THC medical marijuana to registered patients who are not terminally ill, when they have only been granted a license to distribute CBD only marijuana, and high THC marijuana to those terminally ill patients.

Amendment 2 is silent and to whether these current licenses are to be grandfathered in under Amendment 2 medical marijuana program. Leaving the question, “Are they supposed to be selling high THC marijuana to patients who are not terminally ill?” Legally they are not suppose to because as mentioned above, our legislators failed to reach an agreement, Amendment 2 is silent on the issue and the DOH has not release it proposed rules, much less its file rules. Thus, legally speaking the current licensees who have been distributing marijuana to patients who are not deemed terminally ill are doing so in violation against State and Federal law. Even Federal law, through the Cole Memorandums conspicuously state that the language found within said memorandum only protects those who are operating under the state’s comprehensive program.

Floridians must wait at least until July 3rd to know DOH’s proposed rules for the states new MMJ program. There has been an enormous push from the current licensees, who are only authorized to operate under a CDB only program, to maintain the status quo and keep anyone from obtaining a MMJ license under the new program. At the same time, patients, cannabis activist, investors, and many others have voiced their opinion about leaving the market free and open for the benefit of all Floridians. “Initial estimates by Marijuana Business Daily forecast that dispensary sales in Florida could hit $600 million-$800 million a few years after the new program launches.”

Rolando Vazquez, Esq.

President

GreenAcre Consulting Team

1395 Brickell Avenue, Suite 800

Miami, FL 33131

1-888-428-3260

rv@greenacreteam.com

 

 

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GreenAcre’s Colorado Experience 4/20/2017 Investors in the Cannabis Industry

GreenAcre’s Colorado Experience 4/20/2017 

Investors in the Cannabis Industry

 

IMG_3765From April 18 until April 22, 2017, Mr. Rolando Vazquez took a group of investors to Denver, Colorado. The investors had the opportunity to learn from the best professionals in the Cannabis Industry. GreenAcre’s Colorado Experience is the best way for investors to learn more about this exciting industry. Some of the people interested in investing in the cannabis industry, have not seen the plant. They do not know how a cultivation facility operates.

Additionally, it is difficult to understand the complex process of the seed-to-sale system. The investors were taken to one the best companies that provides seed-to-sale software. There, countless questions were answered regarding tracking. The group of investors visited various cultivation facilities, some of them u2017-04-21-PHOTO-00007664nder construction and others fully operational. The investors had opportunity to visit the actual locations that are available for investment. At these locations they visualized fully integrated vertical operations. In vertical operations, everything happens at the same location: cultivation, processing and dispensing. Most of the time, at a glance, the investors want to only invest in a dispensing facility. Once the investors better understand the industry and the market, they realize all areas of the industry are profitable and they work together when combined. It is important to highlight, GreenAcre does not support a fully integrated vertical system in the Florida. GreenAcre believes in an open market with thousand of suppliers. However, sometimes depending on the business model a vertical system works better for the investors. GreenAcre plans to take more investors. This is the second year of the GreenAcre Experience in Colorado, click here to have access to last year’s GreenAcre Experience.

To experience the industry yourself, contact GreenAcre at info@greenacreteam.com.  Amongst cannabis industry insiders, GreenAcre has a reputable name and their work transcends borders due to the international recognition GreenAcre has as the Ultimate Cannabis Consultants. GreenAcre is fighting for an open market without borders for the Cannabis Industry. 

 

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Colorado

Colorado

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Investors 

investors

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cannabis industry

 

BERKELEY, CA - MARCH 25:  Samples of medicinal marijuana are displayed at the Berkeley Patients Group March 25, 2010 in Berkeley, California.  California Secretary of State Debra Bowen certified a ballot initiative late Wednesday to legalize the possession and sale of marijuana in the State of California after proponents of the measure submitted over 690,000 signatures. The measure will appear on the November 2 general election ballot.  (Photo by Justin Sullivan/Getty Images)

The 5 Necessary Elements When Opening a Marijuana Dispensary

The 5 Necessary Elements When Opening a Marijuana Dispensary

If you are reading this article more than likely is because you or somebody you know is interested in opening a marijuana dispensary. The Cannabis Industry is a challenging one and GreenAcre will help you through the process of applying, staying compliant and thriving in the Industry.

A Consulting Firm, an Insider in the Industry

You need guidance in this industry! Many professionals claim to have knowledge, but most are outsiders. They might have business knowledge, but not cannabuisiness knowledge. We always tell our clients, you are not opening a restaurant. You are dealing with a medicine that is Federally a scheduled 1 substance, according to the Controlled Substance Act. A great consultant will know the best industry practices and will possess key political connections. Corollary, GreenAcre is well connected not only in the cannabis industry, but also politically.

A Business Plan, the Heart of your Application

A comprehensive Business Plan is key to success in the Cannabis Industry. The Business plan will essentially be your application for the state license. Moreover, you will need the business plan when you look to raise capital for you CannaVenture. GreenAcre will develop your Business Plan. The Business Plan can be modified later to apply in any other state where Marijuana is legal, or becomes legal.

A lawyer, Who Can Also be Your Consultant

Cannabis Laws vary from state to state, county to county, and change constantly. You need an attorney to keep you in compliance with local and state regulations. A lawyer can also be helpful when it comes to reviewing contracts and securing property. It is a plus if your lawyer is also a cannabis consultant.

Funding, the Muscle of the Operation

Applying for a license and opening a dispensary facility can be costly. Whether you are a solo investor, a group of investors or you are seeking investment, a CannaVenture is a huge financial undertaking. You need to “put your numbers together first,” to be sure you have enough resources for your project. Also keep in mind that, the failure rate in the Cannabis Industry is at 44% within the first 4 years. If you are looking for investors, GreenAcre will connect you with investors in the Industry. If you are looking to invest, GreenAcre has access to the best projects available in the Industry, globally.

An Accountant, compliance with the Federal Government

You need an accountant, period. The accountant works together with your consultant in the creation of your Business Plan, and in case you are seeking investors. Moreover, they need to keep you compliant with the tax code 280E and other relevant tax implications. GreenAcre’s network has the most qualified consultants in the Industry.

 

Signature Rolando Vazquez copy

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Florida Dispensary License Application Period Ended on January 31, 2017

Florida Dispensary License Application Period Ended on January 31, 2017 

Osceola County was accepting Medical Marijuana Dispensary Applications since January 3rd, 2017.  Ms. Sabina Contreras, GreenAcre’s Vice President, attended a meeting on February 8th, 2017, with County Officials regarding the establishment of the Commission that will be in charge of evaluating the 8 applications. Only 8 applicants applied for a license in Osceola County. The County required a $10,000.00 application fee. 

The application process ended on January 31, 2017.  The county’s application consisted in submitting a business narrative pursuant to Ordinance #2016-97.  The business narrative was supposed to encompase at minimum, the following:

  • Previous dispensing experience in a regulated market in any state.

  • Technical ability

  • Qualifications of security team

  • Qualifications of medical director

Please join us in wishing the best of luck to our clients who applied for a dispensary license in Osceola County!

GreenAcre is already working on the license application process in other counties and cities within the state of Florida.

Please click the link below to have access to Osceola’s Dispensary Application.

http://www.osceola.org/news/medical-marijuana-dispensary-application.stml


03/18/2017 Updated – Information

GreenAcre Consulting Team has access to great resources, knowing where and when to apply for a dispensary license. Different cities and counties within the state of Florida are already taking dispensary applications, regardless of the fact that the Senate is still in session. 

GreenAcre continuously informs clients and prospective clients with news related to the Cannabis Industry. GreenAcre consults on best industry practices, while assisting clients with business plans, license application, federal and state compliance, providing resources for the design and build of the projects, among others. GreenAcre offers different services for clients and potential clients that want to be part of the Cannabis Industry. From lobbying at the local and state level to consulting services for the application of licenses. GreenAcre also provides consulting services to government entities, to date, Belize and Guyana.

If you are looking to apply for a license in any state, or if you are looking to use our network and resources, please contact us today.