Michael Weisser, a real estate investor who described himself as Franklin Labs’ primary financier, said the bid resulted from “a combination of experience we bring to the table.
I’ve been in the business since 2010, when the dispensary model first appeared in Colorado and the fact we do things by the book.
“We are committed to the industry,” Tuttleman said. We have the potential to develop an artisanal marijuana culture.” Said Snider: “I’m not going away that easily.” Each unsuccessful company can reapply and submit another ,000 application fee for another chance at a permit, a spokeswoman for the state Health Department said.
Doherty, a former Scranton mayor, said the firm is also seeking a Pennsylvania license as a dispensary.
Chase Lenfest is a businessman with broad interests in real estate, television, advertising, and marketing, and has no connection to the newspapers and web site.
With its winning bid, Prime Wellness will soon operate in 11 states, said Prime Wellness of Pennsylvania’s spokesman James Doherty III.
(It grows like a weed, after all.) That cannabis will be processed into oils or tinctures that will be sold at medicinal marijuana dispensaries, where doctors’ recommendations will be filled.
Nothing that looks like plant material will be sold.
Prime Wellness’ national operations are headed by Kevin Murphy, whose company, High Street Capital Partners, is a major investor in medical marijuana start-ups across the United States.