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This file was created in real time by a Certified Realtime Captioner for the purpose of communication access. It is not a certified legal transcript and may not be entirely verbatim. It is intended for use by the consumer only as notes of the proceedings. A consumer should check with the presenter for any clarification of the presentation.

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>> Phil Silverman:  Just for everybody that's joined, I'm trying to find my clients and have them join as well.  Shouldn't be more than a few minutes.  
>> Annie Nagle:  So in the chat box, I see we have a question that says, are we live?  We are just finishing up our set‑ up.  If you'll be patient with us, we'll get started very briefly.  You're very welcome.  
>> Phil Silverman:  I'm told there may be some people waiting to get in now.  
>> Annie Nagle:  Yes.  So I've promoted a couple folks, but they've declined to be made panelists.  
>> Phil Silverman:  Why don't we try it again.  
>> Annie Nagle:  Let me try it again.  I saw Mr. ‑‑  there we go.  Mr. Gordhamer is here.  And then Mr. Notuma is no longer in the ‑‑  but he'll probably pop back in.  
>> How about Mr. Jundt?  
>> Annie Nagle:  I do not see a Mr. Jundt, but ‑‑  
>> Well, they're all there.  
>> Annie Nagle:  Oh, they're all there!  
>> Phil Silverman:  They all got together.  Okay.  I get it.  
>> Annie Nagle:  That works out.  
>> Phil Silverman:  All right.  Fantastic.  I think we are ready, then, Annie.  
>> We're better at business than we are technology.  
>> Phil Silverman:  Okay.  Fantastic.  
>> Annie Nagle:  Thank you for joining us this evening at a community outreach meeting for Alchemy Cannabis, Inc.  The company is holding this community outreach meeting in accordance with the Cannabis Control Commission's administrative order allowing Web‑ based community outreach meetings.  My name is Annie Nagle.  I'm serving as the neutral moderator for this presentation.  This is a requirement by the Cannabis Control Commission.  I have no formal affiliation with the company and my role is to ensure that all questions submitted in advance of and during the meeting are answered.  
	To submit a question during the meeting, there are three options.  First, you can use the question and answer function button at the bottom of the screen to type your question.  Alternatively, you can type your question in the chat.  Make sure that you are sending it to all participants, and not just one individual panelist.  If you are dialling in via telephone, push star 9 to raise your hand, and I will call on you.  
	All questions will be held until the end of the meeting.  This meeting is being both video recorded and closed captioned.  If you're interested in receiving a copy of the video or the transcript, please reach out to the E‑ mail address located in your meeting notice.  A copy of the presentation itself is also available by request.  
	And with that, I will turn it over to Phil.  
>> Phil Silverman:  Great.  Thank you.  My name is Phil Silverman, and I represent it's actually four companies.  Annie mentioned Alchemy Cannabis, but there's also True Cannabis, Inc., Vega Cannabis, Inc. And Vybz, Inc.  They're from Michigan, and they're all joining us, each of the principals from those companies, and so we're going to walk through ‑‑  a lot of your questions are probably common to all of the companies, so we thought it made sense to sort of combine all of the meetings together so that you didn't have to show up at various different times to get your questions answered.  
	So I'm going to start by trying to share my screen.  Let me see if I can do that first.  Okay.  Can everybody see that?  
>> Annie Nagle:  Yes.  
>> Phil Silverman:  All right.  Fantastic.  So again, we're here for a community outreach meeting.  This is part of a licensing process for the state's Cannabis Control Commission in order to get a license, in this case for cultivation and product manufacturing under Massachusetts Regulations.  You gotta hold a community outreach meeting, where we disclose to you what it is that our plans are, and we try to answer to the best of our ability any questions you have.  
	I will tell you, you know, if you feel like we weren't able to sufficiently answer your questions tonight, I get it.  Sometimes we do the best we can, but we aren't always able to, and there's a couple of options.  First of all, you can feel free to contact us outside of the meeting.  Several of you have already.  And we're happy to, you know, respond to additional questions there.  
	I should also tell you, however, that there is a lot that still has to be done on the local level, so you'll have other opportunities to have your questions answered.  There's a process called Site Plan Review, and a special permit which have to be obtained before your planning board.  So you'll have a lot of opportunities, as I said, to get whatever questions you have responded to.  
	So moving on, again, these are four different companies that have looked at Massachusetts and determined that this is a good location and a good state to operate cultivation and product manufacturing.  Some of you may not know what that is, actually the.  Cultivation, as you might have guessed is just sort of the growing of the plants.  In this case, it's an outdoor grow process, and the marijuana plants are grown, and then they're harvested, and the product manufacturing piece involves extracting various oils from the plants, and then infusing products with those oils, whether it be an edible product, or a vaporizer pen or ointments, or a beverage.  There's all sorts of different products that are now sort of exploding into the marketplace.  And so this company is going to be doing both the cultivation piece and the product manufacturing piece.  Again, it's at 11 Bellor Road, which I think you're familiar with, and this is, again, all in conjunction with Massachusetts state laws and regulations.  
	So just to give you some sense of the process that these companies have to undergo, it's pretty rigorous.  You have, at the local level, you have to get what's called a Host Community Agreement, which actually the company has done from the town, but they still have to go through, you know, the site plan review, as I mentioned before, and special permit process, and I would expect those to begin fairly soon, probably within the next 30 days, and then, you know, they would generally take a month, two months, to get through that to answer all the questions, provide all the information and the plans so that your planning board can review the matter.  
	At the same time that that's going on, we also go through a state licensing process.  That process would involve filing an application, which we're hoping to do in the next week or two.  Then, you know, probably within three months or so, that application will be approved in what's called a provisional license would be granted.  And that just basically says so far you've done everything that you're supposed to do.  All of your people check out in terms of background checks, you know, no problematic histories in any of the people that you have working for you, and, you know, you can now go forward and start constructing your project.  And, you know, I would think this is a little bit simpler construction project because it is outdoors.  That's probably another, you know, one to two months with some additional inspections afterwards.  
	You know, if all goes well, I think there's the possibility that growing could commence sometime maybe in May of 2022, you know, in a good scenario.  So that's what we're hoping for.  
	The project, again, 11 Bellor Road.  54‑ acre parcel.  It's really ideal for out‑ growing.  There does seem to be quite a bit of sort of a natural buffer of trees around this, which I think is good.  And, you know, there would be four companies here, each of which would be seeking to, you know, maximize its growth potential.  Massachusetts does allow what's called a canopy, sort of the plant coverage of 100,000 square feet for each of these companies.  So, you know, whether they get to that point in the first year of growing, I don't know necessarily.  We'll have to wait and see.  Obviously the company would like to maximize the space as best as possible.  But that's the plan right now.  This is located in an agricultural district for which, under your zoning, this type of an activity is allowed.  
	So again, you know, this is cultivation, product manufacturing.  All of the product that comes out of this facility is tested by an independent testing laboratory, just to make sure there's no contaminants, and also so that we can know and let consumers eventually know what the content is, you know, how much of each component of cannabis is in it.  That's all required by state law.  All of the soils, the growing media, the water, those are all independently tested as well.  And, you know, all of the edible marijuana products are stored, handled in accordance with sanitation requirements that are all part of Massachusetts regulations.  
	The flour that we grow is packaged.  It's labeled.  Again, with all sorts of information about exactly what's in there.  And we don't produce edibles in the shape of a human, animal or fruit or sports personality or artistic or caricature or cartoon renderings.  Again, the CCC doesn't want any kind of marketing whatsoever going towards underaged people under the age of 21, so very careful about that, obviously.  
	I just went through the time line a little bit.  I think, you know, as I said, I expect, not withstanding some of the numbers here, which I think are a little bit maybe more geared toward an indoor grow and the longer construction time line, I really expect by May, maybe June of 2022 is when cultivation would commence here.  
	Important as part of this presentation that we explain to you some of the efforts that go into preventing diversion of the product.  In other words, making sure that the product doesn't get into the wrong hands.  This is a highly secure facility.  We'll get into that a little bit in a few minutes.  But, you know, we make sure there's camera coverage all over, there's numerous alarms, motion sensors.  If you've looked at all the newspapers over the last couple years since marijuana was legalized in Massachusetts, you haven't seen security problems.  Massachusetts has very strict controls on that with respect to all of the camera coverage and the other security protocols.  So, you know, those are sort of the key to preventing diversion.  We don't hire people under the age of 21.  We don't market or advertise to people under the age of 21, and when people visit the company's Web site, they're required to verify that they're 21 years of age.  And anybody that visits the facility has to be ‑‑  has their I.D. checked, and has to be accompanied throughout the facility as well at all times.  
	Preventing nuisance, we don't allow any kind of onsite consumption of cannabis at this facility.  That's important for people to understand.  I know everybody's concerned that this is somehow going to become a haven for bad activity.  That is not what's going to happen here.  These companies make significant investments in these facilities, and they're not going to risk that investment and have their license pulled because somebody wants to come on the premises and use marijuana.  There is no consumption here.  And we do spend time, again, there's no reason ‑‑  this is not a retail site where you can buy the product.  This is only, you know, where we grow it.  There's no reason for people to be coming on the premises to use the ‑‑  to use the products.  So we're very careful about making sure that this will not have any type of consumption on site.  
	Also, you know, no littering, no loitering, you know, we're very careful to sort of make this a clean, safe facility.  
	In terms of security, what you will find here, the actual grow facility here will be fenced in, okay?  You won't be able to just walk right up to the plants.  I will tell you if somebody had a notion in any event that they were going to do that, the product in ground is really not of significant value.  It's only after it's been harvested, dried, cured and really, in a lot of cases, turned into, you know, other edibles or other, you know, products that it actually gets its value.  So the notion that people are going to be clamoring to, you know, get at this product and just take it from outside, it just doesn't happen.  There's no value to doing that.  But it will be fenced.  It will be fully fenced all the way around.  There will be security cameras all around.  We will have a 360‑ degree view of everybody that's coming and going into this facility.  There are controls, only people who have appropriate I.D. and have been invited on to the facility are able to get into the facility.  There will be an on‑ site vault.  When we do finish product, whether it's because we've dried and cured the plants and they've been packaged, you know, to make flour to sell to the stores, or we've created, you know, some kind of a manufactured product, whether it's an edible or an ointment, all of those products go into a vault every night at the end of the day.  They don't come out again until the next morning, or, more realistically, when the company is going to be driving it out because it's made a wholesale sale to a retailer.  
	So again, it's a very controlled facility.  You haven't seen security problems in Massachusetts yet, and by the way, there are other outdoor facilities doing the same thing.  No security issues there either.  
	In terms of the benefits to Heath, you will see ‑‑  each of these companies is likely to create 20 to 25 full‑ time and part‑ time jobs.  They will have a local hiring preference for all of those.  There are faze that are paid to the ‑‑  fees that are paid to the town in order to be able to do this.  And so there are revenues that are generated by this activity for the town.  And, you know, I think the important thing here is this does help provide an outlet, a legal outlet for cannabis, which, you know, a lot of us think is an important thing to be able to make sure that people have an option other than going to the black market, which is unregulated, isn't independently tested, and so, you know, we see an enormous benefit.  Right now, there's quite a high demand for product in Massachusetts, not enough supply, and so we see this facility and the four companies being very successful as they seek to move forward in Massachusetts.  
	So that is the formal presentation, but if there are questions, Annie, if you want to read them, or however we do it, we're happy to answer them.  
>> Annie Nagle:  It appears that we have no open questions at this time.  We're going to give the attendees a little bit of time to, you know, type those if they have them, now that the presentation is finished.  
	If you have a question that you would like answered after the fact, or if you're someone who is watching this on a video recording, you're welcome to E‑ mail the E‑ mail address in the meeting notice, and they will connect you with the team to help answer those questions.  
	It looks like we have no open ‑‑  oh, there's one.  Okay.  What is the quality of life impact as an abutting land owner?  
>> Phil Silverman:  Sure.  So look, we understand we have neighbors, okay?  I think what you will find is as this facility gets closer to opening, we'll be asking to meet with you.  Okay?  We want to be responsive to your concerns.  The reality of this is this is not ‑‑  this is not a high‑ impact facility in the sense that you're not going to see trucks coming in and out of this facility on a constant basis.  If I had to put a number on it, what you might see is, you know, once or twice a day a van.  That's generally how the product, after you grow it, how you get it out to the various buyers that there are for the product.  It's not huge trucks.  You don't need ‑‑  you know, you won't ‑‑  when it's initially built, you might see a more significant truck, whether it's bringing in soil, materials, but after that, there's really no need for it.  So it's really minimal trips.  We'll have employees that come at the beginning of the day, you know, somewhere around 9:00.  They'll be leaving by 5:00.  But again, not a lot of traffic at this facility.  You know, not a lot of coming and going.  
	Beyond that, you know, we've found in Massachusetts that these companies are pretty good neighbors.  They understand if there are concerns that people have.  We try to be very responsive to them.  We understand we're part of the community here, and there's a need to be responsive to needs.  This is a new industry.  People don't understand it yet.  But the experience so far in Massachusetts has been that these companies are not bad neighbors.  In fact, you know, if you didn't know what was going on here, you wouldn't know what was going on here.  There's no big neon sign saying marijuana is grown here.  The most you would see is a little sign, probably at the entrance so that somebody coming by wanting to get to the facility knows where the entrance is.  But that's really about it.  It's not intended to be high‑ impact.  And in practice, it really hasn't been significant impact on abutters.  
>> Annie Nagle:  Great.  For the record, that was Heather Bends.  Barbara Gordon says, will the four companies share employees and facilities, or will there be four completely separate operations?  
>> Phil Silverman:  So it is four separate operations.  I don't think ‑‑  we might see some consultants that work for them.  These companies, the principals are familiar with each other from out in Michigan.  It's conceivable that they do hire some consultants, each of them hires, you know, the same consultant, but they are four separate companies.  That's how they're intended to operate.  
>> Annie Nagle:  Excellent.  Heather Bends says what is the impact of valuation for tax purposes?  
>> Phil Silverman:  So yeah, that's an interesting question.  There's not a ton of studies about this out there.  There was one study, I think it was out in California that showed that around retail facilities that the value of real estate actually went up around cannabis retail facilities.  I'm not so sure that that's because people suddenly said, oh, it's a cannabis facility.  I'm going to go by there.  I have a feeling that that's probably more related to the fact that we've been in an up real estate market for quite some time now, and no matter where you go, prices are going up, or have been to this point.  So, you know, the good news is that prices didn't go down in those areas.  
	And, you know, it's ‑‑  this is really no different in a lot of ways than any other farming operation or, you know, manufacturing operation that you might have.  It's ‑‑  you know, once this comes in, people will get used to it.  They'll see that it is not the scary thing that some people had been predicting prior to legalization.  None of those things have come to fruition in terms of, you know, destroying property values, having crime.  None of that's really happening in Massachusetts.  
	I'm not here to make grandiose promises about anything or over‑ promise anything, but I will tell you that the experience in Massachusetts has been that these tend to get going and they operate just like any other business, and there really aren't those types of problems.  
>> Annie Nagle:  Janice Carr asks who is the applicant going before the Cannabis Control Commission, Axon crucial, or the four individual companies, Alchemy, True, Vega and Vybz?  
>> Phil Silverman:  It's those four companies, Alchemy, True, Vega and Vybz.  Those are the four.  
>> Annie Nagle:  Thank you for correcting me.  Heather Bends says what is the plan for the land clearing, expansion and parking facility ‑‑  or land clearing, expansion, parking and facility.  Excuse me.  
>> Phil Silverman:  So my client will correct me if I'm wrong.  I don't think at this point that it's been determined exactly where on the site all of these different components will go.  That is something that we are going to have to bring in front of your planning board.  That's part of the site plan review process.  We're still, you know, trying to hash some of that out, getting some assistance from, you know, civil engineers, architects, et cetera.  So I can't tell you just yet where that's going to be, but you will be able to see all of that because I expect that we'll be filing in front of the planning board probably within the next 30 days or so, and there will be, you know, very detailed site plans and operational plans so that you can get the answer to that question.  
>> Annie Nagle:  Janice Carr would like to know where will the edibles be processed?  
>> Phil Silverman:  So they will use a building that's indoor.  Whether it's the existing home or another building, I don't know that that's been determined.  But that has to be ‑‑  that's the type of an activity that has to take place indoors, mostly for security reasons.  So, you know, all of the security will be attendant to that in terms of, you know, the cameras, et cetera.  You guys ‑‑  Ryan, do you want to unmute yourself and speak to that?  
>> Ryan Jundt:  Sure.  For sure.  So the one thing we can say is that the manufacturing will happen, you know, in a building, not the existing home that's on site, and out of sight.  And to be clear, we're not certain if we're making quote unquote edibles.  There may be no food products made at all.  That's yet to be determined.  
>> Phil Silverman:  Okay.  But it would happen within a facility which would have all of those alarms and access control systems and video cameras, a vault, et cetera.  You can rest assured about that.  
>> Annie Nagle:  An anonymous attendee asks, does each company do its own manufacturing and processing?  
>> Phil Silverman:  They would.  Each company would do its own manufacturing and processing.  
>> Annie Nagle:  That catches us up for now, but I am going to ‑‑  they were kind of coming in a steady rate, so I'm going to give them another minute to follow up.  
	Do you have anything you'd like to say in closing while we wait for them to ‑‑  see if anybody else has any questions?  
>> Phil Silverman:  Sure.  Sure.  So again, I invite you, as these questions come up, to contact us directly.  Okay?  We do this all over the state.  I've been doing this for six years now only representing cannabis companies.  And, you know, because this is so new, because there's always historically been a bit of a stigma attached to it, you know, we really welcome people asking questions, and we're happy to respond to them and get you the information that you need.  What I can promise you is, you know, you will have companies here who I have been meeting with for the last several months working with them and expressed a great desire to work with the community.  If you have concerns, if you have questions, and you contact me or them, I think you'll be very pleased with the response you get.  We want to make our neighbors happy and fit in.  Anything else, Annie?  
>> Annie Nagle:  Yes.  We do have just a couple more.  It looks like our phone‑ in caller has a question, so I'm going to allow them to speak.  Phone‑ in caller, if you push star 6, you should be able to unmute yourself and speak with the team.  
>> Hi.  This is Gloria Fisher.  I live in Heath.  I would like to know ‑‑  I'm not clear on, like, who owns the property, why there's five companies, Axon and the other four, and who's doing what.  I'm really sort of confused about that.  
>> Phil Silverman:  Sure.  Sure.  So what I think, and again, I'll look to my client for ‑‑  what I think is going to happen is that there's one real estate company that will open the company, and then it will be leasing.  That may be Axon, it may be another company, but it will be leasing that space to each of the four other companies I mentioned.  
	Those four companies, Alchemy, True, Vega and Vybz, they will ‑‑  each of those will have licenses from the Cannabis Control Commission, so they are strictly sort of marijuana companies.  There will be, you know, a property owner that leases to them.  That's how it will work.  
>> Annie Nagle:  Great.  Heather Bends says as an abutting land owner, will I have the opportunity to speak directly to the owners?  
>> Phil Silverman:  Yes, you will.  And as I said, we can arrange that, you know, any time offline if you contact us.  We're happy to talk to you.  You, you know, obviously can show up at a planning board meeting and make your voice heard there, but I'm sure my clients would be more than happy to get in touch with you and address any concerns that you have.  
>> Annie Nagle:  An anonymous attendee asks will a list of attendees to the webinar be available and how many are attending?  And to answer, it looks like we have 14 individuals attending.  As far as whether they'll be available, I don't know.  
>> Phil Silverman:  Yeah, I don't ‑‑  do we have the capacity to create a list?  
>> Annie Nagle:  I don't know the answer to that because we don't all have ‑‑  excuse me, not everybody signs in with their real name, so we can tell you what their screen names are, but we don't have their E‑ mails or anything like that.  
>> Phil Silverman:  Yeah, and we've had this problem before.  I'm not sure we can get a list of everybody that's here.  
>> Annie Nagle:  Yeah, unless they sign in with their actual name, we can't.  
>> Phil Silverman:  Yep.  
>> Annie Nagle:  Heather Bends says what is the contact information for us to call?  
>> Phil Silverman:  So there was a notice that went out that allowed you to contact Rebecca@vicentesederberg.com, but it's Rebecca,  R‑ e‑ b‑ e‑ c‑ c‑ a, at Vicentesederberg.com.  Rebecca@Vicenteseberg.com.  You can contact her.  You can try me.  I'm at the same law firm.  You can look us up online.  I'm Phil Silverman.  Feel free to contact me either by E‑ mail or give me a call, and we'll be ‑‑  answer your questions or put you in touch with whoever you need to talk to.  
>> Annie Nagle:  John McDonough states, the police chief is online.  
>> Phil Silverman:  Oh, great.  Hi, Chief.  
>> Annie Nagle:  Heather Bends oh, excuse me, we've answered that one.  Janice Carr says will the four applicants be at another public informational hearing?  
>> Phil Silverman:  Well, as I said, there is a site plan review and special permit hearings in front of the town's planning board.  So that is a public hearing.  And, you know, questions and concerns can be raised there as well.  
>> Annie Nagle:  Great.  At this time, we have ‑‑  oh ‑‑  
>> Just to add on to that, we want to be really good neighbors and community members.  So people can reach out directly to us.  We're going to be on site a lot more, and actually building the site out.  So our expectation is to be just like any other neighbor so people can always just walk over or reach out directly to us as well.  
>> Annie Nagle:  Great.  We have no open questions at this time ‑‑  nope.  Janice Carr says will the other applicants be present?  
>> Phil Silverman:  These are all of the applicants.  The individuals that you're looking at are actually the principals.  We got them all together, and so they're present here and they will each of them ‑‑  it's actually going to be four separate hearings.  Four separate site reviews.  Four separate special permits, and they'll each have to be there.  
>> Annie Nagle:  Great.  Okay.  So that ‑‑  we have no open questions at this time.  Give it one minute to see if we have anything else that pops up.  Heather Bends says Phil, please send your contact information to dbrooks@swiminternational.com. I'm the property owner, Danny Brooks.  
>> Phil Silverman:  D Brooks at what?  
>> Annie Nagle:  Phil, I'll text it to you.  
>> Phil Silverman:  Great.  Happy to.  
>> Annie Nagle:  Do the applicants get involved in any kind of substance abuse prevention education?  If so, what?  
>> Phil Silverman:  So if that is something that is of interest, we can certainly talk to the client.  Sometimes we do that as part of the host community agreement.  There are other ways to do that.  Again, to the extent that we can be good neighbors and if that is of importance to the town, I'm sure my clients will be happy to become involved. 
>> Annie Nagle:  Great.  And that looks like  the end of the questions again.  I will text this to you, Phil, so that you have Danny's E‑ mail address.  
	And going once, going twice.  Okay.  It looks like we've reached the end of the question and answer.  Thank you very ‑‑  oh, oh, Heather Bends says thank you.  Janice Carr says is the HCA between the four applicants or the property owner?  
>> Phil Silverman:  It's each applicant has a separate HCA with the town, not the property owner.  
>> Annie Nagle:  And thank you, Heather.  Okay.  I don't want to speak over our attendees, so I am going to give it one minute because it looks like we have a couple that might still have questions.  If you do have questions, please go ahead and put them in the question and answer function, or in the chat box.  
	Okay.  I'm not seeing any open questions at this time.  As a reminder, if you do have a question, you can E‑ mail Phil or Rebecca at Vicente Sederberg, and they will get you in touch with the team.  Thank you, everybody, for attending this evening, and thank you, team, for answering our questions.  
>> Thank you so much.  
>> Thanks a lot.  
>> Thank you.  
>> Annie Nagle:  All right.  Good night, all.  
>> Good night.  
>> Good night.