My 7 year old nephew wrote Jalen Brunson this letter after the game 3 loss to the Hawks. Can’t be sure the postman got the job done, but @nyknicks haven’t lost since…
Promising news out of Albany today for #newyork#cannabis. Hats off to @GovKathyHochul @CarlHeastie @AndreaSCousins@nys_cannabis and the leg for collaborating to bring the state’s full resources to the fight against illegal shops in favor of legal, licensed cannabis businesses.
For 13 years, Sean Feeney traded high-yield bonds for a living.
He now operates 2 of the most sought-after restaurants in NYC.
Each night, Lilia and Misi have 2,500-5,000 people on their waitlists.
One of his first decisions proved the most important.
Rather than pay his rent like everyone else - fixed per square foot - he found a landlord that let him pay a percentage of sales.
8% to be precise.
"That was the number everyone said. Don’t pay more than 8% of sales on rent.”
Sean took it literally and it proved crucial. He turned a common transaction into an uncommon partnership.
In year one, he thought Lilia might do $3.5 million in sales. They doubled that and he ended up paying a lot of rent.
Sounds bad.
But it proved Lilia and its landlord were aligned. If one does well, so will the other. The landlord was quick to fix issues, make the building look nice, and keep the sidewalk clean.
And come COVID, when Lilia had no sales, Sean owed no rent.
It's one short story in a long series of how Sean and his co-founder Missy are challenging the prevailing wisdom in the restaurant world.
You can hear all his wisdom in today's episode.
Today, we announce that Axel Bernabe will be stepping down from his role as our Chief of Staff and Senior Policy Director. OCM appreciates his hard work in setting the foundation for an equitable and accessible #NYcannabis market. We wish him the best luck in his next endeavors.
BIG: The New York Office of Cannabis Management announced that the state's first marijuana farmers market has been approved and will open this week.
It will operate Thursdays, Fridays and Saturdays in New Paltz.
https://t.co/e8eJ58RcDv
In less than a year, we are witnessing the vision of an equitable cannabis market come to life.
SMACKED may be the 1st justice-involved owned dispensary, but it will not be the last. OCM remains committed to creating space for the culture.
This is a big week for New York cannabis! We’re breaking more ground and are excited to announce you can come along with us at every step👇🏽
Monday: LIVE SMACKED Village Press Conference at 11am
Tuesday: SMACKED Village Dispensary Pop-Up 10am
Wednesday: #CCB at 10am & #CAB at 2pm
New York's first legal sale of recreational weed took place in a dispensary in Manhattan on Thursday, just meeting deadline to open a store in 2022. Housing Works Cannabis Co. is the first and only licensed dispensary to open in the state this year.
https://t.co/yoPqNxRHzz
Could not be more proud of this moment for our State. It truly takes a village. Such an honor to be serving New Yorkers and the legalization movement with the @nys_cannabis team!
Mark your calendars: legal, adult-use cannabis will be sold in New York for the first time next week!
@nys_cannabis is growing a cannabis market that prioritizes equity, supports small businesses and farmers, and rights the wrongs of the past.
💡BIG NEWS FOR CAURD LICENSEES:
OCM will allow qualifying businesses to start with delivery for all authorized adult-use cannabis products.
This will help jumpstart sales and enable these small business owners to generate capital and scale their operations.