Michael Walters, executive managing director, corporate services group, NAI James E. Hanson, Teterboro, NJ Michael Walters, executive managing director, corporate services group, NAI James E. Hanson, Teterboro, NJ

TETERBORO, NJ—The rising use of medical marijuana, a burgeoning trend to legalization of recreational use of marijuana, and the legality of non-hallucinogenic hemp-derived cannabinol oils, or CBD, for consumer use are opening up opportunities in the retail market, but state and local regulations are still tricky to navigate, according to Michael Walters, executive managing director of NAI James E. Hanson’s Corporate Services Group.

Walters recently represented Fort Collins, CO-based Palm Organix, which sells premium, pharmaceutical grade CBD products, made from organically grown, industrial hemp in the location of a story in New York state, and he says New Jersey rules are challenging, too.


You can listen to our exclusive audio interview with Michael Walters in the player below. If you don’t see a player below, you can click here to listen to the interview.

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Steve Lubetkin

Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].

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