http://www.medigrow.org/wp-content/uploads/2015/12/Logo-Medigrow.png 0 0 Marijuana Business Daily http://www.medigrow.org/wp-content/uploads/2015/12/Logo-Medigrow.png Marijuana Business Daily2015-11-18 10:36:562015-11-18 10:36:56Company Seeking MMJ License Wins Over Town by Offering Equity Stake in Cultivation Site
Company Seeking MMJ License Wins Over Town by Offering Equity Stake in Cultivation Site
By Omar Sacirbey
When Harvest Inc. announced that it offered the tiny town of Hancock, Maryland, a 5% stake in a cultivation facility it hopes to open there, a few eyebrows went up.
Some observers called it innovative, saying the deal could serve as a blueprint for other companies trying to win medical cannabis licenses elsewhere. But critics equated it to a bribe.
In any event, town officials accepted the deal in early October after having lawyers sign off on the legality of the…
CONTINUE READING: Click Here to Continue Reading Article …