BOSTON — Coast-to-coast law firm Blank Rome LLP is set to host the ninth annual State of the Cannabis Industry conference, gathering professionals to analyze and discuss the many challenges and opportunities facing the multibillion-dollar cannabis sector. The conference will take place Monday, October 27, 2025, from 8:30 a.m. to 6 p.m. ET at Omni Boston Hotel at the Seaport with a live-stream option available.
“This year has challenged the cannabis industry, with federal rescheduling delays, limited institutional capital, high taxes, and ongoing competition from the illicit market. Much of our recent work has focused on receiverships and distressed transactions, highlighting the pressures businesses face,” added Scott H. Moskol, partner and co-chair of the Cannabis Practice. “Despite these headwinds, we are seeing powerful trends fueling optimism in the industry—consumer demand remains robust, the industry continues to expand, and the market for THC and intoxicating hemp beverages is experiencing remarkable growth. These trends signal real innovation and opportunity.”
The conference will feature a keynote session, moderated by Frank A. Segall, with Chair Shannon O’Brien and Commissioner Kimberly Roy of the Massachusetts Cannabis Control Commission, who will share their unique and direct insights into the Commission, offering firsthand perspectives on how it is addressing industry issues and shaping the future of cannabis in the state. This session sets the stage for dynamic conversations on the industry’s hottest topics, such as game-changing regulatory developments, cutting-edge capital market strategies, business transformation, and innovative Employee Stock Ownership Plan models.
One must-see session, “The View from the Top: Cannabis CEOs on 2025’s Critical Challenges & Opportunities,” brings together cannabis CEOs for a rare, insider look at how leaders are taking on federal rescheduling, navigating complex mergers and acquisitions deals, mastering ever-changing regulations, and capitalizing on shifting consumer trends. Panelists include:
- Joseph Andreae, CEO, CULTA.
- Jared Maloof, CEO, Standard Wellness.
- Ed Schmults, CEO, Firelands Scientific.
- Jim Scott, CEO, Statehouse Holdings.
Attendees will range from multi-state operators and retailers to cultivators, product manufacturers, and delivery operators. Attendees will network with investment bankers, banking and financial institutions, venture capital firms, accounting and insurance professionals, brand license companies, consultants, regulatory experts, and packaging specialists.
