Worcester Business Journal

February 4, 2019

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wbjournal.com | February 4, 2019 | Worcester Business Journal 9 At ROCG – a nationally recognized leader in the business exit/transition field – we have the answers. Our hands-on, best practices approach, ensures our clients implement successful plans to meet their personal lifestyle and legacy objectives, whether it be an outside third-party sale, management buy-out or a next genera- tion family transfer. For more information, our White Paper on Business Transition, recent business exit and value growth articles and upcoming speaking engagements visit http://americas.rocg.com or contact Terry Shepherd at 617-412-4640. We work with business owners to: • re-energize their business model • help them discover what they need to support their long-term goals and financial lifestyle needs • develop a strategic plan to meet their goals • help set milestones to ensure everyone works with the end goal in mind • execute their strategic plan successfully 617-412-4640 • http://americas.rocg.com Where You Finish The Race Depends On Who You Bet On To Start. Rely on ROCG to Help You Maximize Your Business Value. Sales in the Massachusetts' recreational marijuana industry have grown nearly each week since the first sales started in late November, in an industry still with many would-be retailers waiting for state approval. Recreational revenues Source: Massachusetts Cannabis Control Commission ability to ensure it was carefully monitoring where de- posits were coming from. GFA was clear with vendors on its plans. One vendor decided to stop working with it because of worries about federal laws, Sbrega said. For how much potential banking exists in an industry that still has a waiting list for pot shops looking for state approval to begin operations, GFA remains the only Massachusetts financial institution where businesses, their employees and related businesses who rely on the industry can reliably deposit their money without fears of having accounts closed. Questions about federal law remain too big of a hurdle for many, Sbrega said. "e big challenge we're seeing is the dichotomy between federal and state law," Sbrega said. "You'd be foolish not to be worried about it. We monitor it daily." 0 $1M $2M $3M 11/25 12/2 12/9 12/16 12/23 12/30 1/6 1/13 1/20 Week ending revenues (In millions of dollars) $2.2M $3.4M 2018 2019 The Massachusetts Cannabis Control Commission has awarded more than 100 business licenses. W

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