Order Online for Express Pickup!

efs: People keep leaving financial services for the legalized cannabis industry

Our CEO Neil Demers was featured in a profile on eFinancialServices. Here’s an excerpt:

Neil Demers, a former client services executive at OppenheimerFunds, quit his job after the increase in national support for legalizing cannabis caught his attention. He started Mr. Stinky’s, a dispensary that had a skunk for a mascot. Demers decided to target the high end of the market, and so in February, he cut the ribbon on Frost Denver Dispensary Colorado, the Denver outpost of the Seattle-based franchise. He put in $600k of his own money and raised more than $3m in equity and debt to outfit his dispensary with oak cabinets, Doric columns and other luxury decor.

“Real estate values are increasing [in states that have legalized cannabis], more professionals are starting to enter the sector and the states and local municipalities are starting to benefit from tax revenues,” he says. “We have passed the tipping point and cannabis will eventually become fully legal.”

H/T: EFS

Industry News
  • Veterans Affairs Researchers Embrace Psychedelics for Military Vets

    Four government researchers spoke with The New York Times about their respective studies involving MDMA and psilocybin as a treatment for military veterans. The post Veterans Affairs Researchers Embrace Psychedelics for Military Vets appeared first on High Times.

  • Maryland Court: Cops Can Stop, Question Someone Who Smells of Pot

    However, the court said that possession of less than 10 grams of the drug is still not a crime in Maryland. The post Maryland Court: Cops Can Stop, Question Someone Who Smells of Pot appeared first on High Times.

  • Oregon County Proposes Ban on Psilocybin Therapy

    The Linn County, Oregon county commission has approved a proposal to have voters decide on banning psilocybin treatment centers authorized by a 2020 statewide initiative. The post Oregon County Proposes Ban on Psilocybin Therapy appeared first on High Times.

frost exotic cannabis denver dispensary logo

are you over 21 years old?