Highly Regulated Industrial Manufacturing
Cultivation and Retail Facility Expansion
Multi-state regulated facility expansion with licensing and readiness support.
Company
PharmaCann
Location
IL, OH, MA, PA, and MD
Year
2016 -2021
Cost/Budget
$103M CapEx budget
The Challenge
Simultaneously managing competitive licensing applications and high-tech buildouts across nine different states
Scaling a retail brand (Verilife) while ensuring Day 1 readiness for adult-use sales in shifting regulatory landscapes
Managing complex financial requirements for Real Estate Investment Trust (REIT) compliance
Services Provided
-Regulatory Leadership: Won competitive licenses in IL, OH, MA, NY, PA, and MD
-CapEx budget oversight
-Crisis & Facilities Management (COVID protocols and floods)
The Impact
Developed a compliant, high-scale industrial portfolio across five states, ensuring all facilities met strict medical and adult-use standards