Mannada to Host 1st Virtual Cannabis Real Estate Summit
Keynote by Barrington Rutherford, SVP of Real Estate and Community Integration at Cresco Labs
CEs and CLEs Credit Certifications Available
March 17, 2021 - New York - Mannada Events, a minority woman-owned cannabis professional education event production company based in New York City, will host its first Cannabis Real Estate Summit (“CRES”) on April 8, 2021, from 9:00 a.m. - 2:00 p.m. EST.
The conference kicks off with a welcome from Chante Harris, SVP at Capalino & Company, and includes a keynote by Barrington Rutherford, SVP of Real Estate and Community Integration at Cresco Labs. Additionally, through specific program sessions, continuing education (CE) and continuing legal education (CLE) credits are available.
In a 2018 survey by Denver-based PropTech developer Apto, 76 percent of commercial real estate brokers handling cannabis deals in all states where it is legal in some form reported cannabis deals pricing above the market.
“Real estate is the backbone of the cannabis industry - you can’t obtain a legal license without securing a real estate location for your application,” said Mannada Founder and real estate attorney Kristin Jordan. “We want attendees to walk away with a better understanding of the massive opportunity in cannabis real estate and a roadmap of how to navigate the retail side of this nascent industry.”
The reality is that while a massive opportunity, real estate continues to remain a challenge for operators, with limited real estate availability, little to no federal banking for mortgages and fractured regulations from one state to the next.
“While some see real estate as boring, in the cannabis industry, it’s anything but,” said Barrington Rutherford, SVP of real estate and community integration at Cresco Labs. “There are huge opportunities in cannabis real estate for professionals who want to make the jump. There’s a considerable need for lawyers, engineers, designers and real estate intelligence needed in new legal cannabis markets.”
CRES is part of Mannada’s Cannabis Summit Series. Mannada also produces the weekly cannabis event listing, The Maze Calendar.
To register for the event, visit https://www.cannabisrealestatesummit.com.
About Mannada Events
Mannada Events is a minority women-owned and -led cannabis event production company based in New York City. Mannada Events focuses on education and connection by bringing people together to learn about the cannabis industry from subject matter experts and each other.
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