NotableQuotes | Insightful Industry Observations The thought is that the Northeast is the new frontier right now. Companies are looking for locations, putting together teams. The barrier to entry (in Vermont) is low. Real estate prices are cheap. - Andrew Subin Co-founder of Vermont Cannabis Solutions in Burlington, on the potential business opportunities that will be available in the state's newly approved recreational marijuana market. Source: Marijuana Business Daily There's already a flower shortage in the state as far as (medical marijuana) goes. With adult use ... it's going to take quite some time. I think we're looking at, who knows, six to 18 months of having supply issues when it comes to flower. - Matt Bayliss Founder and cultivation director at licensed cultivator Gele in South Portland, on the supply issues encountered by Maine's cannabis businesses when recreational sales began Oct. 9. Source: Marijuana Business Daily (Don't expect to recoup the full expense of real estate improvements) unless you find a company with the same business model as you. ... You've spent money on improvements, but those are yours. It might not be what a buyer would choose to put in there. So it's not worth a 1:1 ratio on a cost basis. - Bianca Gilbert A real estate agent with Colliers International in Vancouver, British Columbia, on the disconnect between what cannabis businesses would like to sell their greenhouses for and a realistic price point. Source: Marijuana Business Daily International 138 Marijuana Business Magazine | November-December 2020