JMP Group Appoints Investment Expert Alfredo Barreto To Oversee Its Investment Banking Division
JMP Group LLC (NYSE:JMP) said Tuesday that Alfredo Barreto, Jr. has joined the company to serve as a managing director in its investment banking group.
Barreto agreed to advise corporate clients within the cannabis industry.
He is an experienced investment banker with knowledge in consumer and specialty retail.
“His transactional background and industry relationships will make him a key advisor to entrepreneurs and executives seeking differentiated strategic advice and top-tier execution capabilities as they build, finance, and monetize cannabis and cannabis-adjacent businesses in a rapidly changing marketplace,” Mark Lehmann, JMP Group’s president, said.
Orange County approves tax benefits for marijuana plans in Warwick
recordonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from recordonline.com Daily Mail and Mail on Sunday newspapers.
Green Thumb poised to build out $50 million cannabis facility in New York
mjbizdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mjbizdaily.com Daily Mail and Mail on Sunday newspapers.
Green Thumb Industries Inc (OTCQX: GTBIF) (CSE:GTII) to build a marijuana cultivation and manufacturing facility.
Green Thumb plans to buy the remaining eight lots, covering around 40 acres, at the Warwick Valley Office and Technology Corporate Park to construct a state-of-the-art cultivation and manufacturing facility.
With the new manufacturing operation, the multistate operator plans to hire around 125 full-time employees with full benefits.
The incentives approved by the agency include “sales and use tax exemption, mortgage recording tax exemption, a 15-year property tax abatement and the issuance of taxable revenue bonds,” per the report.
“We are thrilled to help bring Green Thumb to Orange County, along with 125 good-paying permanent jobs, hundreds of construction jobs and $50 million in capital investment in the first phase alone,” according to the county agency.