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skateofministry · 3 years

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Medical Marijuana, Inc. Subsidiary HempMeds® Welcomes X Games World Record-Holding Skateboarder Italo Penarrubia as Newest Brand Ambassador

MJNA

Medical Marijuana, Inc. Subsidiary HempMeds® Welcomes X Video games World File-Holding Skateboarder Italo Penarrubia as Model Ambassador

SAN DIEGO, March 30, 2021 (GLOBE NEWSWIRE) — through NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Firm”), the first-ever publicly traded hashish firm in the US that launched the world’s first-ever cannabis-derived nutraceutical merchandise, manufacturers and provide chain, introduced immediately that its subsidiary HempMeds® is proud to welcome X Video games world record-holding skateboarder Italo Penarrubia as its latest model ambassador.

“We’re excited to carry Penarrubia on as part of our workforce and it’s heart-warming to know the way a lot our merchandise have helped him through the years. We imagine his assist and recognition will assist us additional educate athletes and most of the people on the well being and wellness advantages of hemp-based cannabidiol (CBD) merchandise,” stated HempMeds® CEO Raul Elizalde.

Penarrubia is a famend skateboarder and has carried out in a number of X Video games competitions, together with his most up-to-date look in X Video games Minneapolis in 2019. On the 2017 X Video games in Minneapolis, he earned a world document for the very best SKB Huge Air peak ever recorded on the X Video games. After spending a number of years coaching within the U.S., Penarrubia just lately relocated again to Brazil to proceed his profession and lift his household.

“I’ve been utilizing HempMeds’ CBD merchandise for years to help in restoration after lengthy days of coaching,” stated Penarrubia. “My purpose is to assist bridge the information hole for athletes all over the world that would profit from utilizing CBD however are afraid or uncertain of methods to use the merchandise.”

To be taught extra about HempMeds®, please go to the Firm on-line at www.hempmedspx.com.

About HempMeds® Based in 2012, HempMeds® was the primary firm to carry hemp-based cannabidiol (CBD) oil merchandise to market within the U.S. As a subsidiary of Medical Marijuana, Inc., HempMeds is the unique distributor for premium manufacturers together with Actual Scientific Hemp Oil

and Dixie Botanicals®, and operates in all 50 states and 40 international locations. HempMeds® is the one firm to have its CBD merchandise listed within the Prescribers’ Digital Reference (PDR), the one firm invited to talk to the World Well being Group and FDA on the advantages of CBD, and one of many first to be licensed by the U.S. Hemp Authority. To be taught extra, please go to www.hempmedspx.com.

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About Medical Marijuana, Inc. We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a hashish firm with three distinct enterprise models within the non-psychoactive cannabinoid area: a world portfolio of cannabinoid-based nutraceutical manufacturers led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality authorized non-psychoactive hashish merchandise derived from industrial hemp; and a cannabinoid-based scientific analysis and botanical drug growth sector led by its pharmaceutical funding firms and companions together with AXIM® Biotechnologies, Inc. and Kannalife, Inc. Medical Marijuana, Inc. was named a high CBD producer by CNBC. Medical Marijuana, Inc. was additionally the primary firm to obtain historic import permits for CBD merchandise from the governments of Brazil, Mexico, Argentina, and Paraguay and is a frontrunner within the growth of worldwide markets. The corporate’s flagship product Real Scientific Hemp Oil has been utilized in a number of profitable scientific research all through Mexico and Brazil to grasp its security and efficacy.

Medical Marijuana, Inc.’s headquarters is in San Diego, California, and extra data is obtainable at OTCMarkets.com or by visiting www.medicalmarijuanainc.com. To see Medical Marijuana, Inc.’s company video, click here.

Shareholders and shoppers are additionally inspired to buy CBD oil and other products at Medical Marijuana, Inc.’s shop.

FORWARD-LOOKING DISCLAIMER This press launch could comprise sure forward-looking statements and data, as outlined inside the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934, and is topic to the Protected Harbor created by these sections. This materials accommodates statements about anticipated future occasions and/or monetary outcomes which can be forward-looking in nature and topic to dangers and uncertainties. Such forward-looking statements by definition contain dangers, uncertainties and different elements, which can trigger the precise outcomes, efficiency or achievements of Medical Marijuana, Inc. to be materially completely different from the statements made herein.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE These statements haven’t been evaluated by the Meals and Drug Administration. This product will not be supposed to diagnose, deal with, treatment, or stop any illness.

LEGAL DISCLOSURE Medical Marijuana, Inc. doesn’t promote or distribute any merchandise which can be in violation of the US Managed Substances Act.

CONTACT:

Public Relations Contact: Kathryn Brown Account Supervisor CMW Media P. 858-264-6600 [email protected] www.cmwmedia.com

Investor Relations Contact: P. (858) 283-4016 [email protected]

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karingudino · 4 years

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New Mentor Program for Black Hemp Farmers Announced by Charlotte’s Web

“Better variety in our firm and within the hemp business could not occur swiftly, however working along with The 40-acre Co-op on our new ‘Seeding Our Future, Collectively’ mentor program is a approach to transfer ahead by sharing our information, our science, and our cultivation experience with Black farmers and different agricultural leaders within the black group,” stated Deanie Elsner, President and CEO of Charlotte’s Net.

In 1920, there have been almost one million Black farmers in america. Immediately the quantity is 45,508. And that accounts for simply 1.3% of the almost 3.4 million farmers within the nation, in keeping with a 2017 census by the US Division of Agriculture (USDA). These troubling statistics impressed Angela Dawson, a hemp farmer, to take societal develop into her personal fingers to reverse these numbers. She based the Minneapolis-based co-op in 2019.

“That is the start of an vital shift within the business and we intend to make use of this momentum to create lasting and impactful change,” stated Dawson, Founder and President of the 40-acre Cooperative.

The 40-acre Cooperative (FAC) will advise on the experience most related and well timed for his or her cooperative members and employees. FAC may also educate Charlotte’s Net staff and management group on challenges and alternatives for the Black hemp farming and manufacturing group starting with a Charlotte’s Net worker Lunch and Study with Angela Dawson on Feb. 26, 2021.

The 40-acre Cooperative is a swiftly rising and entrepreneurial group whose mission aligns with the Charlotte’s Net’s imaginative and prescient of a more healthy planet for everybody. As a part of “Rising Our Future, Collectively” Charlotte’s Net will donate a few of its U.S. patented Lindorea hemp seed to 40-acre Cooperative farmers for the 2021 rising season planting.

“This collaboration is vital for our complete hemp business so it could obtain a wider potential for innovation by means of variety. Our Charlotte’s Net Cultivation Crew is worked up to share our information of natural hemp farming, and we all know we may also achieve information from our work with the 40-acre Cooperative and its farming members,” stated Jared Stanley, Chief Cultivation Officer for Charlotte’s Net and co-founder.

About The 40-acre Cooperative: Based in 2019, 40-acre Cooperative is a Minnesota-based and farmer owned cooperative specializing in bringing fairness and innovation to Black, Indigenous and different farmers with a mission to advertise agricultural growth and financial fairness for socially deprived farmers. The co-op gives coaching, provides and management particularly specializing in useful resource gaps with its members in seven states.

About Charlotte’s Net Holdings, Inc.Charlotte’s Net Holdings, Inc., a Licensed B Company headquartered in Boulder, Colorado, is the market chief within the manufacturing and distribution of revolutionary hemp-derived cannabidiol (“CBD”) wellness merchandise underneath a household of manufacturers which incorporates Charlotte’s Net, CBD Medic, CBD Clinic, and Concord Hemp. The Firm’s premium high quality merchandise begin with proprietary hemp genetics which are 100-percent American farm grown and manufactured into whole-plant hemp extracts containing a full spectrum of naturally occurring phytocannabinoids together with CBD, CBC, CBG, terpenes, flavonoids and different helpful hemp compounds. Charlotte’s Net product classes embody CBD oil tinctures (liquid merchandise), CBD gummies (sleep, stress, irritation restoration), CBD capsules, CBD topical creams and lotions, in addition to CBD pet products for dogs. Charlotte’s Net is the primary CBD model within the USA and distributed by means of greater than 22,000 retail places, choose distributors and on-line by means of the Firm’s web site at www.CharlottesWeb.com.

Charlotte’s Net was based by the Stanley Brothers with a mission to unleash the therapeutic powers of botanicals by means of compassion and science, benefiting the planet and all who reside upon it. Charlotte’s Net is a socially and environmentally acutely aware firm and is dedicated to utilizing enterprise as a pressure for good and a catalyst for innovation. The Firm weighs sound enterprise choices with consideration for a way its efforts have an effect on staff, prospects, the setting, and various communities. The speed the Firm pays for agricultural merchandise displays a good and sustainable fee driving increased high quality yield, encouraging regenerative farming practices, and supporting U.S. farming communities. Administration believes that its socially oriented and environmentally accountable actions have a optimistic influence on its prospects, suppliers, staff, and stakeholders. Charlotte’s Net donates a portion of its pre-tax earnings to charitable organizations.

SOURCE Charlotte’s Net PR Advertising and marketing

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source https://fikiss.net/new-mentor-program-for-black-hemp-farmers-announced-by-charlottes-web/ New Mentor Program for Black Hemp Farmers Announced by Charlotte’s Web published first on https://fikiss.net/ from Karin Gudino https://karingudino.blogspot.com/2021/02/new-mentor-program-for-black-hemp.html

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mybeerbuzz · 4 years

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From Indeed : Indeed Brewing Company Cans and Distributes Its CBD-Infused Seltzer MINNEAPOLIS, MN , January 5, 2020: Indeed Brewi...

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brajeshupadhyay · 4 years

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Al Harrington wants to make 100 Black people millionaires with cannabis

John McCoy | Getty Images

Former National Basketball Association forward Al Harrington says he’s on a mission to turn 100 Black individuals into millionaires using the cannabis sector, he told CNBC.

Harrington, now CEO of cannabis company Viola Brands, said one of the ways he’ll achieve the mission to help 100 Black people through an incubator program that allows black market cannabis products to turn legitimate with the help of his company.

“A lot of brands that are on the black market that has a lot of credibility and unbelievable following, have market share, but they just don’t know how to get into the legal market,” Harrington said.

Harrington said entrepreneurs in the cannabis field find it “nearly impossible to get a license” to grow and monetize products in states where marijuana is legal. Harrington added some products could have “million dollar valuations” if promoted and disturbed correctly.

As states like New Jersey and New York (which projects $772 million in tax revenue) are getting closer to the legalization of cannabis, Harrington has advocated for diversity in the sector, especially when considering that Blacks have received harsher prison sentences for marijuana offenses before legalization.

“That is something I will continue to harp on; continue to bring awareness to because once again, I feel like the war on drugs was aimed towards our community, and they used cannabis as pretty much the main drug to continue to lock us up,” Harrington said “All this money being made now, we’re not represented; we’re not there. I feel like we pioneered this industry.”

Viola closed on a $16 million Series A funding round last October, adding new investors from ex-athletes, including Harrington’s close NBA brethren, Stephen Jackson, who made headlines after calling for justice in the death of George Floyd who died on May 25 in Minnesota.

“We’re going to continue to support him as he supported us,” Harrington said of Jackson, adding he plans to donate 20,000 CBD topical creams to protesters who suffer from chronic pain.

Floyd’s death has sparked a renewed conversation around police brutality and racial and social injustice against Black people. Harrington said he wants the discussion about the lack of economic opportunities in Black communities to continue, especially with its spending power.

Former NBA player Stephen Jackson, a friend of George Floyd’s, speaks at a memorial on June 3, 2020 in Minneapolis, Minnesota.

Stephen Maturen | Getty Images

According to a 2018 study completed by global research firm Nielsen, Black spending power reached $1.3 trillion and is projected to increase to $1.54 trillion by 2022. Harrington said he wanted to bring more awareness about the influence of the “Black dollar.”

“What I’m hoping is that we use this time to educate ourselves and realize that we have a lot of power amongst ourselves if we just pay attention and support one another,” Harrington said.

Corporate assistance

The former NBA forward also called on corporations who have donated money in the wake of Floyd’s death to access Black athletes. Harrington said sports figures could help “because they are really in the neighborhood or know people from the neighborhood” and can “see if [the funds] have an impact on people.”

Corporations including Bank of America ($1 billion), PayPal ($530 million), and the National Football League ($250 million) have all pledged funds to help combat social injustice and bring economic stability to Black communities.

Quentin Williams, the chairman and CEO of New York-based sports and entertainment Butler Lappert Williams Firm PC said companies who pledge money to Black communities should also provide funds for “proper accountability.”

Williams, a long time business strategist and former executive with the NFL and National Basketball Association, said that in some cases, 80% of the funds go to operations of the “strategists” with little remaining to “trickle down to communities that need the financial assistance.”

He called for corporate donors to create groups “to examine exactly what is happening to the money. When you’re spending that kind of money, it’s worth it to ensure that it’s not wasted,” Williams said.

Harrington added companies need to offer more than a “big statement that we’re donating money” and offer more opportunities. “And that’s what my company is all about,” he said. “I want to use Viola as a platform to educate, uplift, and empower people.”

The post Al Harrington wants to make 100 Black people millionaires with cannabis appeared first on Sansaar Times.

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kuribl247 · 4 years

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Enhance your daily wellness routine with the natural goodness found in our CBD drops. you will find a collection of CBD products at the best price. Get to know more about our Organic Cbd Products. Buy now: https://kuribl.com/

#cbdforpain #cbdbenefits #cbdlipbalm #cbdlife #organiccbdproducts #CBD company Minneapolis

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forensiceyes · 5 years

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Cannabis Trademark Basics: Avoid Overly Broad Specifications!

Last week I had the pleasure of speaking on a panel called “Expert Perspectives on the Rapidly Evolving Cannabis Industry” at the Midwest IP Institute in Minneapolis, MN. One of the issues that is often a source of confusion, both at IP-focused events and for clients, is how to craft an appropriate specification of goods or services for a federal trademark application while simultaneously navigating the trademark challenges faced by cannabis companies.

As we’ve written about extensively, federal trademark protection is extremely limited for businesses operating in both the hemp-CBD and cannabis spaces. You can read more about those limitations here:

USPTO Issues Clarification on Hemp-Related Trademarks

“CBD” Coffee and the Importance of Distinctiveness for Trademark Protection

Choosing Your Cannabis Trademark

Cannabis Trademarks: Back to the Basics

Most significantly for cannabis business owners, one requirement for registration of a federal trademark is that the applicant has made “lawful use” of the mark in commerce on the goods and services that are specified in the trademark application. Under the CSA, it is unlawful to sell, offer for sale, or use any facility of interstate commerce to transport drug paraphernalia, i.e., “any equipment, product, or material of any kind which is primarily intended or designed for use in manufacturing, compounding, converting, concealing, producing, processing, preparing, injecting, ingesting, inhaling, or otherwise introducing into the human body a controlled substance, possession of which is unlawful under the CSA.” Furthermore, it is the FDA’s position that CBD cannot lawfully be introduced into comestibles without having undergone the FDA’s formal drug approval process, rendering CBD products intended for human consumption illegal under federal law as well.

The question I’m asked most frequently with respect to crafting a specification of goods for a U.S. trademark application is whether the applicant can merely omit any references to cannabis in their specification and avoid scrutiny during the examination process that way. The short answer to that question is “no.” The way in which a specification is crafted is irrelevant if the goods that the applicant is actually selling in commerce are not lawful. For example, specifying “brownies” in your application when the brownies you are actually selling contain marijuana or CBD will not circumvent the fact that you are not making lawful use of your mark in commerce. While an application like this may slip past an examining attorney, it would ultimately be void or unenforceable, and of no value to the applicant.

In addition–and this is something I see most frequently with trademark applications proposed by foreign applicants–overly broad specifications can be a huge problem and can ultimately lead to cancellation of the entire U.S. trademark registration. It is crucial that an applicant have a bona fide intent, from the time of filing of the application, to use the trademark on all of the goods and services specified. We really cannot emphasize this enough. Lack of this bona fide intent to use the mark on all goods or services specified can be a basis for attack on the validity of the application or registration. Said another way, an attempt to grab broader protection than an applicant is entitled to can actually leave them with no protection at all.

For these reasons, it is prudent to have a conversation with your trademark attorney about how to craft a defensible specification of goods and services for your U.S. federal trademark applications, and to err on the side of caution when attesting to a bona fide intent.

Cannabis Trademark Basics: Avoid Overly Broad Specifications! posted first on http://ronenkurzfeld.blogspot.com

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twincitiescannabis · 3 years

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What are the health benefits of using cannabis? Important facts to be known

Do you know? Using up cannabis is having ill effects as well as good effects too. There are many medicinal facts about cannabis that people should know. Are you interested in knowing about the health benefits of cannabis? If yes, then you need to refer to this post. From here you can get to know everything in detail. Let’s start:

Chronic pain can be relieved: The first medical benefit of cannabis is here. This is the drug that lets people get relief from chronic pain. There are many types of chronic pains that people suffer from but this is a special drug that is having cannabinoids in it. These are the special substances that are very much helpful in getting relief from chronic pain. Hence, this is the reason why cannabis helps in relieving chronic pain. But before consumption, you need to talk to your doctor.

Cancer can be cured: There is a number of studies that show cannabis is very much useful in treating cancer-like problems. Yes, you are hearing it right there are many studies on this. If you are interested in knowing about then you can check your browser. Many doctors have claimed that cancer can easily be treated by cannabis. This is not a false claim, check out and know everything now only.

To have the products of cannabis you need to contact the services of Twin Cities Cannabis. This is the company that will let you have the best products full of quality and many more. Check their site and order your now.

Weight can be lost: If you are healthy and are interested in losing weight then you can try consuming cannabis. This is a special drug that helps out people to lose weight as well. But it is very much recommended that you need to consult your doctor before consuming the drug. It has been seen that the people who consume the drug are thin as compared to the people who don’t consume this drug. So, if you are thinking to consult your doctor.

Diabetes can also be cured: Another medicinal benefit of having cannabis is here. This is a special thing that will lower down the blood sugar levels in your body. Yes, hearing that right the blood sugar levels will be maintained and after that, you can easily have a good life. But before the consumption doctor consultation is the most important thing. SO, just go and seek the help of a doctor before you think anything yourself.

So, here the article ends. This is all that you need to know about cannabis, if you are interested in knowing more then comment.

Are you finding for CBD Minneapolis? If yes, then try the services of Twin Cities Cannabis. This is one of the best companies that will let you have cannabis products that are 100% natural and pure. Along with this, you can get them at good rates. So, check their services out, if interested.

#cbd minnesota

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skateofministry · 3 years

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Medical Marijuana, Inc. Subsidiary HempMeds® Welcomes X Games World Record-Holding Skateboarder Italo Penarrubia as Newest Brand Ambassador Other OTC:MJNA

SAN DIEGO, March 30, 2021 (GLOBE NEWSWIRE) — through NewMediaWire — Medical Marijuana, Inc. (OTC: MJNA) (the “Firm”), the first-ever publicly traded hashish firm in america that launched the world’s first-ever cannabis-derived nutraceutical merchandise, manufacturers and provide chain, introduced at present that its subsidiary HempMeds® is proud to welcome X Video games world record-holding skateboarder Italo Penarrubia as its latest model ambassador.

“We’re excited to convey Penarrubia on as part of our group and it’s heart-warming to know the way a lot our merchandise have helped him through the years. We consider his help and recognition will assist us additional educate athletes and most people on the well being and wellness advantages of hemp-based cannabidiol (CBD) merchandise,” stated HempMeds® CEO Raul Elizalde.

Penarrubia is a famend skateboarder and has carried out in a number of X Video games competitions, together with his most up-to-date look in X Video games Minneapolis in 2019. On the 2017 X Video games in Minneapolis, he earned a world file for the very best SKB Massive Air peak ever recorded on the X Video games. After spending a number of years coaching within the U.S., Penarrubia just lately relocated again to Brazil to proceed his profession and lift his household.

“I’ve been utilizing HempMeds’ CBD merchandise for years to help in restoration after lengthy days of coaching,” stated Penarrubia. “My objective is to assist bridge the data hole for athletes around the globe that would profit from utilizing CBD however are afraid or not sure of use the merchandise.”

To study extra about HempMeds®, please go to the Firm on-line at www.hempmedspx.com.

About HempMeds® Based in 2012, HempMeds® was the primary firm to convey hemp-based cannabidiol (CBD) oil merchandise to market within the U.S. As a subsidiary of Medical Marijuana, Inc., HempMeds is the unique distributor for premium manufacturers together with Actual Scientific Hemp Oil

About Medical Marijuana, Inc. We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a hashish firm with three distinct enterprise items within the non-psychoactive cannabinoid area: a worldwide portfolio of cannabinoid-based nutraceutical manufacturers led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality authorized non-psychoactive hashish merchandise derived from industrial hemp; and a cannabinoid-based scientific analysis and botanical drug improvement sector led by its pharmaceutical funding firms and companions together with AXIM® Biotechnologies, Inc. and Kannalife, Inc. Medical Marijuana, Inc. was named a high CBD producer by CNBC. Medical Marijuana, Inc. was additionally the primary firm to obtain historic import permits for CBD merchandise from the governments of Brazil, Mexico, Argentina, and Paraguay and is a frontrunner within the improvement of worldwide markets. The corporate’s flagship product Real Scientific Hemp Oil has been utilized in a number of profitable scientific research all through Mexico and Brazil to grasp its security and efficacy.

Medical Marijuana, Inc.’s headquarters is in San Diego, California, and extra data is offered at OTCMarkets.com or by visiting www.medicalmarijuanainc.com. To see Medical Marijuana, Inc.’s company video, click here.

Shareholders and customers are additionally inspired to buy CBD oil and other products at Medical Marijuana, Inc.’s shop.

FORWARD-LOOKING DISCLAIMER This press launch might comprise sure forward-looking statements and data, as outlined throughout the that means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934, and is topic to the Secure Harbor created by these sections. This materials accommodates statements about anticipated future occasions and/or monetary outcomes which are forward-looking in nature and topic to dangers and uncertainties. Such forward-looking statements by definition contain dangers, uncertainties and different components, which can trigger the precise outcomes, efficiency or achievements of Medical Marijuana, Inc. to be materially totally different from the statements made herein.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE These statements haven’t been evaluated by the Meals and Drug Administration. This product isn’t meant to diagnose, deal with, treatment, or stop any illness.

LEGAL DISCLOSURE Medical Marijuana, Inc. doesn’t promote or distribute any merchandise which are in violation of america Managed Substances Act.

CONTACT:

Public Relations Contact: Kathryn Brown Account Supervisor CMW Media P. 858-264-6600 [email protected] www.cmwmedia.com

Investor Relations Contact: P. (858) 283-4016 [email protected]

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meyeraggerholm3-blog · 6 years

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Simranjeet Law Associates

Physical address: #815, Sector 16 D, Sector 16, Chandigarh, 160016, India

PQWG+R2 Chandigarh, India

Phone: +91 98766 16815

Phone: +91 9876616815

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Law Firm Office:: Simranjeet Law Associates #815 Sector 16-D Chandigarh, CG, 160016

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Submission Date 02/24/2019

Products Law Firm in Chandigarh, Lawyer in Chandigarh, advocate in Chandigarh, attorney in Chandigarh, Chandigarh Law Firm, Chandigarh Lawyer, Chandigarh attorney, Chandigarh advocate

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Customers Served Residential|Commercial|Industrial

Number Of Locations 5

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charlesccastill · 6 years

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Driven by Tech Companies, East Cambridge Office Rents Up More than 30 Percent

Boston– Demand from technology tenants has driven office rents in Boston’s East Cambridge submarket up more than 30 percent over the past two years, according to CBRE’s annual Tech-30 report, which measures the tech industry’s impact on office rents in the 30 leading tech markets in the U.S. and Canada.

Average office asking rents in East Cambridge rose 31.1 percent to $95.26 annually from Q2 2016 to Q2 2018, the most among the top tech submarkets from each of the 30 markets in the CBRE report.

Rent growth in East Cambridge has significantly outpaced the broader Boston market, which saw rents rise 6.3 percent over the same time period. At 150 percent, the premium between East Cambridge’s rents and those of Boston overall was wider than any other primary tech submarket and its overall market among the 30 markets included in the CBRE report.

East Cambridge’s stratospheric rents are limiting new entrants to the submarket to credit-worthy, high-revenue firms, and the submarket’s tight vacancy rate of 2.2 percent is forcing tech firms into other submarkets including the CBD, Back Bay and the Seaport. Smaller firms are increasingly taking space in downtown fringe markets such as Fenway/Kenmore and North Station.

“East Cambridge’s demand and rents have exploded over the past two years,” said Adam Brinch, Executive Vice President/Partner at CBRE/New England. “Due to its proximity to world-renowned institutions, network of tech companies and convenient transit, we do not expect the demand to subside anytime soon.”

Top 10 Tech Submarkets by Rent Growth

SUBMARKET RENT GROWTH RANK GROWTH RATE Q2’16- Q2’18 East Cambridge (Boston) 1 31.1% Midtown (Atlanta) 2 19.8% South Orange County (Orange County) 3 19.0% Reston/Herndon (D.C.) 4 16.2% Tempe (Phoenix) 5 15.8% Mount Pleasant & False Creek Flats (Vancouver) 5 15.8% RTP/I-40 Corridor (Raleigh-Durham) 7 12.8% Santa Monica (LA) 8 12.8% Downtown (Indianapolis) 9 12.6% North Loop (Minneapolis/St. Paul) 9 12.6%

Impact of Tech Job Growth on Office Markets

The influence of tech job creation on office market growth is pervasive across the U.S. and Canada, with eight of the Tech-30 markets posting rent growth of 10 percent or more between Q2 2016 and Q2 2018. While Boston’s high-tech job base has only grown 7.7 percent over the past two years, technology, media, advertising and information companies (TAMI) account for more than 40 percent of tenants in the market.

Country-Wide Expansion of Large Tech Firms

Technology companies based in the top four tech headquarters markets—the San Francisco Bay Area, Seattle, Boston and New York—are expanding into new markets, creating more demand for office space and driving office rent growth in the beneficiary markets. Together, tech firms headquartered in these four markets have taken more than 25 million sq. ft. of space outside of their headquarters markets over the past five years, led by firms in the San Francisco Bay Area, which accounted for 18 of the 25 million sq. ft.

The Boston office market has benefited from this trend, with San Francisco Bay Area firms taking 1.8 million sq. ft. there over the past five years.

“As space availability in top tech submarkets continues to tighten, we expect large tech companies to continue to expand outside their headquarters markets—including further into secondary and even tertiary markets. Large tech company expansion into smaller markets will help foster innovation clusters, further boosting job creation and creating additional office demand,” said Colin Yasukochi, Director of Research and Analysis for CBRE in the San Francisco Bay Area.

from boston condos ford realtor https://bostonrealestatetimes.com/driven-by-tech-companies-east-cambridge-office-rents-up-more-than-30-percent/

#boston #condos #boston condos #boston luxury condo #boston condominium #boston rentals #boston condo

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usacurrentnews-blog · 6 years

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This oil and gas company will soon sell you CBD personal care products Shareholders of a penny stock Minneapolis oil and gas company are now shareholders of a penny stock CBD cosmetics business.

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brajeshupadhyay · 4 years

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Al Harrington who played 16 seasons in the NBA talks about entrepreneurship and his company Viola that is involved in the cannabis industry during the Legends National Basketball Retired Players Association Conference at Caesars Palace on July 9, 2019 in Las Vegas, Nevada. John McCoy | Getty Images Former National Basketball Association forward Al Harrington says he’s on a mission to turn 100 Black individuals into millionaires using the cannabis sector, he told CNBC. Harrington, now CEO of cannabis company Viola Brands, said one of the ways he’ll achieve the mission to help 100 Black people through an incubator program that allows black market cannabis products to turn legitimate with the help of his company. “A lot of brands that are on the black market that has a lot of credibility and unbelievable following, have market share, but they just don’t know how to get into the legal market,” Harrington said. Harrington said entrepreneurs in the cannabis field find it “nearly impossible to get a license” to grow and monetize products in states where marijuana is legal. Harrington added some products could have “million dollar valuations” if promoted and disturbed correctly. As states like New Jersey and New York (which projects $772 million in tax revenue) are getting closer to the legalization of cannabis, Harrington has advocated for diversity in the sector, especially when considering that Blacks have received harsher prison sentences for marijuana offenses before legalization. “That is something I will continue to harp on; continue to bring awareness to because once again, I feel like the war on drugs was aimed towards our community, and they used cannabis as pretty much the main drug to continue to lock us up,” Harrington said “All this money being made now, we’re not represented; we’re not there. I feel like we pioneered this industry.” Viola closed on a $16 million Series A funding round last October, adding new investors from ex-athletes, including Harrington’s close NBA brethren, Stephen Jackson, who made headlines after calling for justice in the death of George Floyd who died on May 25 in Minnesota. “We’re going to continue to support him as he supported us,” Harrington said of Jackson, adding he plans to donate 20,000 CBD topical creams to protesters who suffer from chronic pain. Floyd’s death has sparked a renewed conversation around police brutality and racial and social injustice against Black people. Harrington said he wants the discussion about the lack of economic opportunities in Black communities to continue, especially with its spending power. Former NBA player Stephen Jackson, a friend of George Floyd’s, speaks at a memorial on June 3, 2020 in Minneapolis, Minnesota. Stephen Maturen | Getty Images According to a 2018 study completed by global research firm Nielsen, Black spending power reached $1.3 trillion and is projected to increase to $1.54 trillion by 2022. Harrington said he wanted to bring more awareness about the influence of the “Black dollar.” “What I’m hoping is that we use this time to educate ourselves and realize that we have a lot of power amongst ourselves if we just pay attention and support one another,” Harrington said. Corporate assistance The former NBA forward also called on corporations who have donated money in the wake of Floyd’s death to access Black athletes. Harrington said sports figures could help “because they are really in the neighborhood or know people from the neighborhood” and can “see if [the funds] have an impact on people.” Corporations including Bank of America ($1 billion), PayPal ($530 million), and the National Football League ($250 million) have all pledged funds to help combat social injustice and bring economic stability to Black communities. Quentin Williams, the chairman and CEO of New York-based sports and entertainment Butler Lappert Williams Firm PC said companies who pledge money to Black communities should also provide funds for “proper accountability.” Williams, a long time business strategist and former executive with the NFL and National Basketball Association, said that in some cases, 80% of the funds go to operations of the “strategists” with little remaining to “trickle down to communities that need the financial assistance.” He called for corporate donors to create groups “to examine exactly what is happening to the money. When you’re spending that kind of money, it’s worth it to ensure that it’s not wasted,” Williams said. Harrington added companies need to offer more than a “big statement that we’re donating money” and offer more opportunities. “And that’s what my company is all about,” he said. “I want to use Viola as a platform to educate, uplift, and empower people.” The post Al Harrington wants to make 100 Black people millionaires with cannabis appeared first on Sansaar Times.

http://sansaartimes.blogspot.com/2020/06/al-harrington-wants-to-make-100-black.html

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