Investor Presentaiton slide image

Investor Presentaiton

Events and social use In recent months, licensees have taken a significant interest in hosting and/or promoting public-facing events. Examples of this include the recent Coastal Cultivators Classic (organized by Mother Earth Wellness) and the 420 Sesh at Studio Lounge (organized by Aura of Rhode Island). • These events exist in a significant area of regulatory uncertainty - provided no sales/distribution activity is occurring, Rhode Island law and regulations neither expressly permit nor prohibit these types of events. As a result, OCR's approach has focused primarily on licensees' distribution, transport, and possession of licensed product and specifically the extent to which products are being transported off the licensed retail premises for sale or distribution at a non- licensed location. In the longer run, we would advise the Commission to consider the creation of an event license or permit to ensure proactive compliance with state and local laws and regulations. As is the case in other adult use states, these types of events will become more commonplace as time goes on and competition in the market continues to increase. 4.20.23 8PM-1AM AURA RHODE ISLAND 420 SESH AT STUDIO LOUNGE MAMMOTH Ture Ganja T OPP BONSAI BUDS ank's ERBS ZEN BLEND FARMS HANGAR 420 AKULTIVATIONCO R Finest SEALWITCH GARDENS THEDICINALT A H Lily B GMP HERECE CMS Carde Small Back Crab Camb SOUTH COUNTY CULTIVATORS TICKETS ARE NOW AVAILABLE ONLINE AND INSTORE AT WWW.AURAOFRI.COM | RHODE 26 ISLAND
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