IOREBA (The Industrial and Office Real Estate Broker Association) and Mid Atlantic Real Estate Journal hosted the 2023 Cannabis and Real Estate Conference on April 20th at the Marriott Newark Liberty Airport.
The event included a seasoned panel of 11 industry experts that included Ed DeVeaux, president of New Jersey CannaBusiness Association and executive vice president at Burton Trent Public Affairs; Jack Fersko, Co-Chair, Real Estate Department Chair, Cannabis Practice Group, Greenbaum, Rowe, Smith & Davis, and Michael Moran, special investigations manager at Valley National Bank who is an expert in both AML and cannabis compliance. The event presented information on the opportunities and challenges of the budding cannabis and insight into New Jersey’s unique position within the legal industry which is expected to reach over 33 billion in annual sales this year. Topics discussed included broker roles, title insurance, compliance and regulatory issues along with banking insights and site control. Design and build considerations, zoning and real estate sites for cultivation and processing were also discussed.
The event is one of many networking and industry insight opportunities IOREBA offers its members. For more information on becoming an IOREBA member or to attend an upcoming event please visit www.ioreba.com.