Please do not leave this page until complete. This can take a few moments.
Northeast Patients Group has released details of a $1.6 million loan that it says will fund the opening of its four medical marijuana dispensaries, the first in Thomaston within a few weeks.
The nonprofit on Wednesday signed a deal with Wellness and Pain Management Connection LLC that will provide it with an eight-year loan, to be paid back at 8.5% interest, according to the Kennebec Journal. The backers include California-based The Farmacy Institute for Wellness and former NBA star Cuttino Mobley. Becky DeKeuster, CEO of NPG, is facing a lawsuit from Berkeley Patients Group of California, its former parent company, for breaching her employment contract and using confidential information to reach a deal with Mobley in February. That deal, which called for a $2 million loan to be paid back at 18% interest, now appears to be off the table, according to the paper.
The Farmacy operates a chain of marijuana dispensaries in California, and President JoAnna LaForce will head up some services here in Maine. The state Department of Health and Human Services must still approve the deal. NPG also has licenses to operate dispensaries in the Augusta, Bangor and Portland regions.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
Comments