Image Credit: Allstar Dispensary/Maininvest
One of the 1st and only cannabis dispensaries in NJ owned by employees with a percentage of the profits donated back into the community.
Everol Prime is a Real Estate Developer, Realtor, Carpenter, Chef, and former owner of a logistics company. Janine Sade is a Senior Engineering Project Manager with a decade of experience in the pharmaceutical and medical device industries. Together, Everol and Janine own Allstar Dispensary, Newark’s social equity; black, woman, and employee owned cannabis dispensary located in Newark’s Ironbound District.
In short; if you invest $100, the business agrees to share a portion of their revenue until you have been repaid $180. They will owe you this amount by 12/31/2029, regardless of revenue. If the business doesn’t receive this amount by 2/23/24, you will receive a full refund.
Learn about Everol’s and Janine’s Background and Mission
Everol and Janine at the Real Cannabis Entrepreneur Conference, Allstar Dispensary
Caribbean roots, with West Indian upbringing, Everol and Janine were familiar with the medicinal value of cannabis. They say: “cannabis was used for healing remedies and relaxation. Eliminating the stigma around cannabis in the US is one of our main drivers in opening this dispensary”.
Everol’s experience in account management includes: wines, clothing, and art; with his experience in real estate including: appraisals, marketing strategies, renovation, and construction.
Janine’s is a certified PMP with experience in: proposal development, compliance, training, management, and onboarding. She holds a bachelor’s degree in Biochemistry and a Master’s degree in Pharmaceutical Engineering.
When asked what they want to see as a result of the dispensary being opened and operating, outside of financial gain, they responded:
“We realized that the only way we can make a difference in our community is through ownership. We will employ and allocate equity to those who have experienced challenges in life due to marijuana charges on their record. It’s our mission to educate, advocate, and heal our communities through cannabis, the true Allstars.”
Learn more about the investment opportunity and reasons to consider investing as little as $100 in Newark’s Allstar Dispensary
Inside of Allstar Dispensary; Allstar Dispensary
The Ironbound District is a historic, award winning neighborhood in Newark. Also referred to as “Down Neck,” this area is a multi-ethnic, largely working class neighborhood of 50,000. Historically, it has been a mosaic of peoples from countries around the world who arrive in the community with aspirations for a better life for themselves and their children.
Everol and Janine say: “Our location is in the most coveted section of Newark, NJ called the Ironbound District. It’s a historical well-kept section of Newark and we’re located smack dab in the middle of the busiest streets in Newark- Ferry street.”
Those interested in learning more and investing in Allstar should <visit the Allstar Dispensary Mainvest page> where they can learn about Allstars plans for: dispensary interior design, potential revenue, NJ Adult-Use projections, the dispensaries team of NJ cannabis professionals, plans to give back, commitment to diversity and inclusion, employee revenue sharing, and more.
There are about 30 days left to invest! Know an investor? Please share this with them.
Image of Janine and Everol, Allstar Dispensary
Big THANK YOU to Traveling Cannabis Writer sponsor:
Hydrokulture Gardening; Hydrokulture, located in Fredericksburg, VA, is a one-stop-shop for all your gardening needs. From indoor gardening to outdoor landscaping, they carry a wide range of high-quality garden supplies that are sure to make your gardening experience enjoyable and successful.
Veronica Castillo is known as the Traveling Cannabis Writer. She was a nomadic writer on the road covering all things cannabis/ hemp/ and overall plant medicines and recently came back home to Florida, making it her homebase once again. Her body of work can be found in multiple industry publications both digital and print where she provides cannabis industry and community insights from her 5 year journey around the country. She is a collaborator, connector, always seeking to bring to light the hidden gems in the plant space. You can follow her journey on Instagram: @vee_travelingvegcannawriter and/or LinkedIn: @Traveling Cannabis Writer.