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).
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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
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Small Back Crab Camb
SOUTH COUNTY
CULTIVATORS
TICKETS ARE NOW AVAILABLE ONLINE
AND INSTORE AT WWW.AURAOFRI.COM
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RHODE
26
ISLANDView entire presentation