Hemp law attorney Tyler Russell will moderate a panel on the "Commercial Real Estate Complexities Facing North Carolina’s CBD Industry" in February.
Tyler will lead panelists Garrett Perdue, CEO, Root Bioscience, Mark Canter, Biopharma Process Director, Jacobs, and Lisa Prather, SVP, Commercial Relationship Manager, Atlantic Union Bank in a discussion on the challenges facing CBD processors projects in North Carolina, including design, construction, legal, and financial and how to propel this industry further in our state.
The North Carolina CBD market, which includes wellness, supplements, food/beverage, and skincare as well as applications for hemp in textiles and bioplastics, is forecasted to grow from a billion industry to more than $16 billion by 2026. The state currently has 16,000 acres of hemp fields, 5.5 million square feet of licensed greenhouse grow operations, and more than 1,000 licensed growers putting North Carolina in the top 10 hemp producers nationally. It's only fitting that the industry receives this type of attention.
The event will be held on Wednesday, February 5, at the PNC Arena from 11:30 a.m. to 1:05 p.m. Tickets are $50 for non-Triangle CREW members. Registrations and payment must be received by Friday, January 31, at 5 pm. Click here for more information.
Tyler Russell co-chairs the Ward and Smith's Hemp Law practice group. He regularly represents and advises clients in all aspects of the hemp and CBD industries – both in North Carolina and beyond. This includes farmers and growers, processors, extractors, product manufacturers, wholesalers, distributors, and retailers. He also assists clients who are involved in the industry but do not directly "touch the plant" – including brokers, consultants, marketing agencies, lenders and financial institutions, and other suppliers and vendors.
The Triangle CREW is part of a national network dedicated to transforming the commercial real estate industry by advancing women globally. It has a membership of 12,000 professionals in 75+ major global markets represents all aspects of commercial real estate—providing our members with direct access to real estate professionals across all geographies and disciplines.