 Thanks, Nelly. My name is James Pepper, Chair of the Vermont Cannabis Control Board. Today is Wednesday, November 29th, 2023. It's 1 o'clock 1 p.m. and I call this evening order. Just a quick recap. We, last week held the third meeting of the Act 65 working group, actually it was the week before I think, which has been tasked with improving the medical program. The primary focus of this meeting was testing and labeling medical products. We spoke with Dr. Ari Kirschenbaum about how cannabinoids and terpenes interact with the endocannabinoid system. We spoke with a number of existing adult use retailers and medical dispensary owners about what they would like to see legislatively in order to better serve their patients. You can watch this meeting and all of the other Act 65 meetings on our YouTube channel, just type BTCCB in the search bar. It'll pop up on YouTube. The fourth and final meeting will take place on December 7th from 8 a.m. through 10 a.m. The links to join are available on the events calendar page of our website. The focus of this last meeting will be how the use of cannabis and cannabis products communicated to patients and patient providers. We're also going to review the patient survey that we did, some of the responses to that. And then also take a look at the actual draft recommendations that will be included in our report back to the legislature. We really encourage anyone who's interested in the medical program to attend, if possible. If you can't make that time, you can always share your thoughts about the medical program by emailing ccb.medmed at vermont.gov. And other than that, just need to approve the minutes from our last meeting, which is on October 25th, 2023. So moved. Seconded. All in favor? Aye. Okay. Looks like we have a lot on the agenda today. Bryn, I think I'll turn things off for you to discuss prequalification. Okay. So I just have a few slides to look at as we talk about prequalification. What it is, what it means. So here we go. The prequalification process. This is a new process that the licensing team has developed that is really drawing on everything that they and we have all learned in this last year and a half of going through the licensing process, the application process issuing licenses to the new businesses. And this new process is drawing on what we've learned and really providing sort of wraparound support and services and technical assistance to new applicants for cannabis establishment license. So this process significantly does not apply for renewals. It doesn't apply for an existing licensee that is applying for another additional different type of license. It only applies for new applicants that are applying for a new license. And it takes this approach that we've learned over the last year and a half. And it really institutes a full throated support system for ushering a new business through the application process. So I'm going to talk a little start out by listing a few of the objectives of this prequalification process. It's going to create a collaborative space for new applicants and a whole host of CCB staff to work together on the application process. The purpose is really to assist these new applicants in understanding not only the full scope of requirements that we that apply to obtaining their license, but also to maintaining their license. How do you remain compliant in the cannabis industry? It helps applicants understand the viability of their business plan. We help them evaluate that. It also allows us to assess early on in the process what the priority status of the applicant is to make sure that they are both appropriately prioritized through the licensing process, but also to connect them early on to connect social equity applicants early on with both technical support that's provided through the agency of the ACCD and also connect them with the funding that's available through that agency. Another objective is to provide preliminary state approval for applicants that are qualified for it and then lastly to offer one-on-one support with CCB staff to ensure that their application or full application for a license is complete within the appropriate timeframe once they have achieved prequalification. Those are the objectives and now I'll go into a little bit more about what it will achieve. Some of the benefits to prequalifying, like I said on the previous slide we've got it offers preliminary state approval of a business so that is done by both evaluating the viability of their business plan and also that sort of preliminary state approval can help the applicant in attracting financing if they need financing for their business. It also provides one-on-one regulatory support from CCB staff and that includes licensing staff in completing their full license application. It includes compliance staff to help them understand what the rules are, what they will need to do to maintain their compliance once they do have their license, also connects them with advertising staff to provide overview and information about what the advertising requirements look like and also product registration staff to help them understand what is required for product registration so people can get early on in the process they can get sort of a more complete picture of what regulation in the cannabis industry looks like. Also licensing staff is going to provide a room knot for these applicants so they understand both the prequalification process and the full application process right at the outset. So before a person is halfway through the process and they realize they still got halfway to go they're going to know right from the outset how long it's going to take and what will be asked of them during the process. Can I ask a question about the evaluation of viability of the business? What is, can you talk a little bit more about what that means? When I assume that we're not going to evaluate whether or not it's like a good idea and whether or not it will be a successful idea but whether or not it would make it through the application process is that the that's right whether or not it will make it through the application process also I think we can provide some sort of an understanding of what it costs to operate in the campus industry and and based on the business plan sometimes we can provide some sort of a picture of whether or not it could be successful on any industry based on whether the business plan looks like. A little bit more description about the technical support that we are providing and this slide sort of gives sort of a picture of what of what the licensing team was thinking about as they were proposing this new process. The idea here is really that the licensing team is learning a lot about what is required to best support applicants and they have come up with an understanding that there are lots of different learning styles out there and people are some people are best suited to have written materials some people are best suited to come into the office and have one-on-one sort of in-person support some people do best of videos so there's sort of a comprehensive set of documented materials that the licensing team has developed in order to support people through the process. So having these access to these materials in combination with meeting one-on-one with staff is going to help applicants be better prepared for the complexities of the cannabis market. All of these materials will be linked from the website and staff are also going to distribute them in their meetings so people not have to people who might not be as skilled at navigating the website will be sort of handed these materials right right after that in their introductory meeting. We've also translated some introductory materials into 11 different languages and applicants will also learn early on that they may receive translation services both through the materials and also during meetings if they ask for it and then that list down there is a list of some of the materials that the licensing team has put together as part of this process and then a little overview of what this pre-qualification process will look like. So once a new applicant submits their pre-qualification application staff are going to schedule either a teams meeting, a virtual meeting or an in-person meeting to review the application with the applicant and at the same time the background check process will begin so very early on we will start that process because that usually tends to be what takes the longest. Staff is going to assign priority status during that initial meeting and then social equity applicants will get contact information for the technical assistance provider from ACC. Staff will also this is also the point where we will conduct a social equity interview and assess the application and license fees that would apply for that applicant. Staff are going to also review the timeline for outdoor expulsivation applicants that are to ensure that a timely submission of their full application is achievable for that applicant so that they can meet the deadline for planting that season. Let's talk more about that on the next slide. And then the bullets at the bottom are the area the topic areas that staff are going to cover in that meeting and they will also receive a follow-up email so every applicant has an opportunity to hear and also see in an email sort of what with the full application process looks like. So any requirements for the either containing the application that are specific to a license type and tier are reviewed. What the licensee can actually do with the license that they're applying for is also reviewed and this is hopefully going to have the effect of limiting the situations where a person applies for a business applies for one type of license and that sort of happens because they need to apply for a different type that sort of situation will hopefully be weighted by that. Full background check technology requirements insurance and banking requirements the requirements from the division of fire safety municipal compliance what that looks like and and encouraging applicants to connect with their municipalities early on. Any location and site requirements timelines or the timelines look like for submitting their full application and then an overview of product registration advertising and inventory tracking requirements and then contact information. Staff okay. Is the pre-qualification submission form similar to our early iteration where you don't need to necessarily you don't need to necessarily know where your business is going to be located. I mean a lot of people do but you just need to essentially have a plan and name an address. That's correct and a background check yes name for your background check so it's very similar to the original pre-qualification application. Yep yeah I'll set a principle so that we can conduct your background checks. Okay so this is the proposed timeline for pre-qualification for the and this timeline is limited to the outdoor and mix cultivation applicants and the idea here is that as we're going to see in a few minutes in the executive director report the timeline for initial licensure for cultivation applicants covers around 90 days and that's been pretty consistent for the last year. So there are special timing considerations for outdoor and mixed cultivation licensees to ensure that we are issuing those licenses and time for the growing season. So in order to ensure that our team can really hold these applicants through the pre-qualification and application process in time for stirring planting we need to enforce some timelines. So this schedule will allow our outdoor and mix cultivators to become licensed prior to the time that they need to plant. So we are not in a situation that we were in in year one where where we weren't doing that. So the this proposed timeline would look like this December 1st is the date that the pre-qualification window opens for all initial applicants and a pre-qualification certificate is typically going to be able to be issued by staff within a month. So there are no recently it's called bank offenses at any of the principals or controllers in the business. March 1st the application window for outdoor and mixed cultivation licenses would close. So everybody who had submitted their application prior to March 1st would be in the door and they would need to achieve technical and administrative completeness by April 1st and that way they could be on the docket for the May board meeting by May 8th which is sort of so they have to have their site does it prior to May 8th and be on the docket for the May board meeting and then at the end of May is when that would be the board meeting where all of the applications for outdoor and mixed would need to be approved and then in early June would be the issue of deadlines sometimes it takes a couple of weeks for people to finalize things in order to get issued and then any incomplete applications would be dismissed. So again this timeline would be true only for new outdoor and mixed cultivation applications. And when you say new does that mean people who have not hit the submit button at all like they they're not anywhere in the application process they haven't started enough like what does new actually mean people who haven't started an application at all or is it people who are somewhere in a process it means people who have not submitted an application okay. For that license site like if I was a cultivator and I just said I want to become a retailer as well do I have to go through pretty cool no no great. So that is is sorry and we would have to vote on this on the proposal to close March 1st. This is the proposal so yes as as you know when you close application windows in the past you voted on that. So it would be something that you guys would like to discuss at this meeting and maybe vote on it your next meeting. I really like this plan I think if we had all the time in the world to set up a qualification that first time around we probably would have done something just like this or somebody would have done something just like this it's great. Yeah well no I was just going to say that I feel like it might feel like this is a big hurdle at the outset but it just you know it puts people on a life path afterwards. Yeah I mean everybody especially our new licensee at this point in the game are coming into it with various starting points and specific levels of expertise. I'm sure some folks are good at growing maybe not as familiar with running a business and vice versa you know I think this could help work through our process but also what they need to do from a B2B perspective and and reaching out to you know people up and down the supply chain and not expect that somebody's going to come and pick up something on their doorstep that they grew even if it's really awesome you still got to forward some of those relationships. Will the fees be the same? These will be the same. And that pre-qualification fee applies here also to the person. So I think that the way that we are proposing to do this immediately is that the application fee is the only fee that will apply for the full application. Great great and do we want to discuss while we're because it's so close to tie to it I don't think we should vote today so we haven't noticed the vote but the this notion of closing the window for new outdoor and next year cultivation and again the rationale we did this this year was in effect this year the rationale again pretty mentioned just now is we all want to get into a position where someone submits application for an outdoor cultivation for the first time on July 1st it takes us 90 days to process it we're issuing a license in November and it's almost worthless so no it just puts us in a bad position it puts applicants in a bad position so what we did last year we closed it between I think November 30th and June 1st I believe. Yeah and that was not enough time we learned this year so that's why we're proposing to move it early right. So we're all kind of in agreement we should probably do that again. Yes I do like if that's something we're going to do every year I think we should be relatively consistent going forward like if we choose March then it should just kind of always be February March April not changing it significantly every year. Okay well why don't we postpone the vote on anything in that initial next meeting and if you hold on to comment on that feel free. Are we ready for? Yes. All right so here's your November executive director report it will start with a summary of our public engagement so in the last month we had some significant public engagement or actually a licensee engagement with our first series of licensee education seminars so we for the for all of our cultivators we held our first seminar as required by rule and those were held in early November we also held a training on the amended rules one, two and four general counsel held that training and that was reported and posted on our website and I think we'll be in this report which will also be posted to the website and coming up in the next month we have as the chair mentioned in his opening remarks we have the last medical program study committee meeting on December 7th and we have another education session which will be held on December 13th and that will be an opportunity to look even closer at the precolocation process likely it will be some of what I went over just now but we'll have some more information there too and there will be an opportunity for folks to ask questions so that'll be 10 o'clock in the morning on the 13th um so as I mentioned that education and enforcement series um our our first our first seminars held on November 7th and November 9th um all told we had about 60% of all of our principals and controllers of cultivation instances attend these meetings um compliance is currently doing the scoring we did hold um um we had sort of quiz during the training so that we could assess people's um attendance both their attendance and also sort of their learning during the training um so the compliance team is going through uh the responses and scoring them and we're also reviewing the listed principals and and controllers and identifying who did not take the training so that we can appropriately follow up with those folks so more to come on that I'll move into the adult use program data now so we're going to start with we've got a few slides that um we're revisiting our sort of internal metrics on how long it's taking us to um process applications um and we're looking specifically in these first couple of slides in this first slide at least um what our average days are from submission to approval for cultivation applications um so cultivators obviously the bulk of our licensees um and our as you can see we broke it out by standard and social equity here so in November of this year our average time with those applications in total is 91 days very similar to what it was in January 90 days um and in January it was um we had about actually yes our renewal applications sorry um all renewal applications for standard applicants are taking us about 66 days to process for cultivation licensees um and then you can see the comparison of social equity so um we're about 59 days on average for social equity applicants to process their cultivation applications um very similar to where we were at in January of 60 days and um for about 20 days fewer for the renewal applications for social equity cultivation licensees so holding pretty steady there um and this is interesting we did have a break down um here of days to approval um the number of days that we the ccb staff had the application versus the number of days that the applicant had the application and um and i'll show you the slide the next slide i'll show you the um the way this looks several months ago in April um so it looks now like our applicants are becoming much more responsive um to their when the ball is in their court and it's taking um our staff a little bit longer to process these applications but you can see in April um average days to approval very similar but um the majority of the time the the majority of that time days to approval was with the applicant as opposed to with ccb so the good news is that our applicants are becoming much more um responsive that's great so i'm going to move into the numbers now um here are our issued cultivation licenses by type and tier um we've got our numbers here's our manufacturer licenses by tier these are all issued licenses our tier three manufacturing numbers are creeping up there and then our other license types so we are at 72 retailers at this point um and then i think the next are applications and process so here's our numbers that are incoming um you can see there is one indoor tier four that is in the queue and 13 retailers and here is our number of cultivation renewals by type and tier so these numbers are sort of growing month by month um as we process our cultivation renewals this is total not just this month but that's right all cultivation renewals that's why these numbers are growing and some of it if you're looking carefully at these numbers some of the renewal numbers are look a little different from the initial issued license numbers um because people are changing tier um so the for example like tier four mixed i think there were none originally but maybe it's tier three but anyway some of the numbers are a little different it's not people changing changing tier are most people going up in tier of cultivation or are there some folks who are dropping down most people are increasing size some are dropping most people are and we're happy to get some information on that at the next meeting so that would be helpful sorry i'm jumping around here um here's our other renewals by type and tier so we're starting to issue renewals for retailers and manufacturers so these numbers obviously will also grow over time here's the here's what we've got in the in process for needs quite a few applicants are in in the process of the meeting so i'm going to move on to our retail locations this is our area as a density table we've changed the way the team has changed the way they're reporting this information a little bit so now we are including an area of density is considered anywhere with two or more locations either licensed or in the queue or combined so we're it's going to be it's a little bit longer of a list it's on two pages now um so gives you sort of a deeper picture of where we're seeing some areas of density so still the majority um have two and obviously there's some some significant outliers with Burlington and we're just going to more still has the second most okay here's our map doesn't look all too different from month to month um still seeing quite a bit of geographic diversity unless you zoom in and then you see some um dead zones here's our Burlington now being more more dense than that one right there okay i'm going to move on to our um some data about our licensees that are not renewing now um so i presented i think some initial information about this at the last meeting um this number has grown a little bit eight it's increased by eight since the last meeting of licensees that have confirmed with us that they are not renewing their license so they are relinquishing their license we're up to 29 and here i'm break i break it down by their priority status so you can see the majority are standard licensees um 65 percent of them are standard licensees 25 percent are economic empowerment and 10 percent are social equity and to give you an idea of how that compares to um our full group of licensees um we've got in total 63 percent of our licensees are standard priority status 21 percent are economic empowerment and 16 percent are social equity so the number of um you know the numbers are our sort of initial number is pretty small but um so far the numbers of licensees that are not renewing are fewer social equity and economic empowerment than who we have licensed um this is our data regarding the rationale for relinquishing the license so our compliance agents are conducting exit interviews um with the licensees that are relinquishing um and this is our compilation of the reasons that they list for relinquishing their license um and this hasn't changed much since the last time i presented it to you except for the two new reasons have been added and that's profitability and lack of time um but again they are primarily uh personal reasons for relinquishing the license and to try and dig into that a little bit more um we ask what are the what were the factors that contributed to the decision to relinquish um and again right we're either early early numbers so um we don't have a lot to work with but what we do have here indicates that they're the majority of those reasons are other and don't have anything to do with um cost of either the license um or the cost of regulation or the ability to hire and retain and please or just a or just a playing straightforward lack of resources how do we um gather this information is it like a survey that we send out is it something that our compliance team is asking or it's an interview with your compliance agent she's great yes we're wondering if we're getting like 100 100 percent response rate to these questions or if it's only some people that are answering that but no we're not but i but i think that there's we will get closer to that over time um i think that you know the compliance team has been really incredibly busy with renewal work over the last four weeks um and there isn't there with time um we in the fullness of time we will have a more complete picture um but since they are conducting these interviews rather than we're just sending survey um a better response rate excellent okay so moving on to the license canopy capacity here are the numbers for this month um a slight reduction here since the last month around 20 000 square feet of outdoor um around 8 000 square feet of indoor reduction and here is the capacity versus utilization comparison um the there's no change to the utilization numbers this month um we're still basing these projections on an analysis of just under 15 percent of the licensed um grow capacity so no change to these numbers this month okay i'll move on to the compliance data now um i did remove the advertising slide that i normally go over just because we look at that month to month and there really is not much of a change to that so i think we'll look at that more on a biannual basis from now on unless there's any desire to see it more frequently um so the last month the compliance work this is our summary of compliance work over the last month 16 new complaints um eight new investigations investigations have been centered around the retail ID check requirement the point of sale flyer distribution requirements compliance with the requirements of an employee ID card that's each c cap and the manufacturing level license um there have been two observations of product destruction um due to the relinquishment of license and two notices of violation that have been issued one was for working with an expired employee ID card and one was cultivation battle license um and then one corrective action plan was issued to address compliance with requirements from fire safety so that's your picture of compliance of the last since the last board meeting and then i'll move to our medical program data so um this is some exciting news i'm sure you'll all remember well the days that we were hovering right around 30 days to process our medical applications so we're down to one day now um our staff are processing those applications for both a patient card or cannabis caregiver application um in one day on average that's wonderful yeah well done so the good news comes first and then the bad news comes second which is that we continue to have a downward trajectory here here's our total numbers over the last year and half we've lost 87 patients since the last board meeting and three caregivers so i think that after the after the medical program stakeholder group um develops its recommendations and reports on its recommendations we might um put a we might not report every month on the medical program members until um some of those recommendations have been implemented and we'll take a look again so um that is all in my report the next thing i have are recommendations for licensures and it's my recommendation that the board um take a deliberative session to consider some of the uh applications that um staff is presenting to you this month okay and do we need a motion to adjourn to a deliberative session yes it's just a deliberative session or a deliberative session not exactly uh it would be some of the circumstances so i think that it's one yes it's a suggestion sorry yep there it is okay i moved that the board entered into a closed session to facilitate confidential attorney client communications as well as to discuss matters non-public pursuant to one vsa 316 specifically trade secrets and personal information concerning applicants excited any discussion no all in favor hi okay so um i know we don't necessarily have to do this but i i do want to just know like the issues that we have to discuss relate to applicants um and has some pretty um sensitive information involved uh i've looked at some of the background documents and they seem like this might lead to some conversation um so i think we had on the agenda that this would take like 45 minutes that's probably about right um so why don't we just say we're going to come back at 225 30 225 225 okay and uh we might go a little bit longer we're willing for 225 and Nellie if you wouldn't mind putting up a um just our away message yep can do all right thank you all right we're back from um deliberative session and it's uh from odd cannabis control board wednesday or 29th any 23 and it's 2 29 p.m so during our session we heard some very confidential information about a number of uh proposed um applicants uh an id employee id issues um we didn't take any action in the executive session but i think we're ready to um take action now so brandon i'll turn things over to you okay recommended recommended staff recommended approvals great um so we i'm i'm going to be reading our approvals for um i'm gonna be reading our approvals um like for both initial licensure and renewal this week and we will update um the executive director report and post it online later this afternoon um but i'm going to have to go through and read them for today um so everybody settle in because it's a long list formatting should it's over here yes um that's me yes last minute formatting issues okay so king cola um is approved for a renewal uh this is an indoor cheer one cultivator old school weed company also approved for renewal for outdoor tier two cultivation green mountain scientific approved for renewal for a tier three manufacturing license cave lion approved for renewal of a mixed tier one cultivation license hin valley farm approved for renewal of a mixed tier one cultivation license 802 420 approved for their initial retail license green mountain dreams approved for renewal of an indoor tier one cultivation license waterbury falls manufacturing approved for their initial tier two manufacturing license 7v's farm approved for renewal of a tier one mix cultivation license family tree approved for renewal of a tier two manufacturing license green mountain gold approved for renewal of an outdoor tier one cultivation license capital cannabis company approved for renewal of a retail license. The Canvas Collective approved for renewal of a Tier 2 manufacturing license. BVS Labs approved for renewal of an Indoor Tier 1 cultivation license. Brass Queen approved for renewal of an Indoor Tier 2 cultivation license. Hela Good approved for initial manufacturing Tier 1 license. GMT Genetics approved for renewal of a mixed Tier 1 cultivation license. Honey Tree Farm approved for renewal of a mixed Tier 1 cultivation license. One Drop Farm approved for initial Tier 1 indoor cultivation license. Green Mountain Cultivators approved for an initial Indoor Tier 1 cultivation license. Ilya Processing approved for renewal of the Tier 3 manufacturing license. Green River Cannabis Company approved for renewal of an Indoor Tier 1 cultivation license. Tea Time Herbal Company approved for renewal of an Outdoor Tier 1 cultivation license. High Noon Cultivators approved for renewal of an Outdoor Tier 1 cultivation license. Hire Heaven approved for initial Tier 1 manufacturing license. Holland Cannabis approved for renewal of a mixed Tier 2 cultivation license. High Fidelity approved for an initial Retail License. Satori Investment Partners approved for renewal of an Outdoor Tier 5 cultivation license. Satori Investment Partners approved for renewal of a Wholesale License. Satori Investment Partners approved for renewal of a Tier 3 manufacturing license. Pine Cannabis approved for an initial Indoor Tier 1 cultivation license. New England Cannabis Partners approved for an initial Tier 2 manufacturing license. Horseshoe Farms approved for renewal of an Outdoor Tier 2 cultivation license. Kingdom Kind approved for renewal of a Retail License. Altitude Cannabis approved for renewal of an Indoor Tier 1 cultivation license. Green Heron Farm approved for renewal of an Outdoor Tier 1 cultivation license. Meters approved for renewal of an Indoor Cultivation Tier 3 cultivation license. Rootland Cannabis approved for renewal of a mixed Tier 1 cultivation license. Mood Food approved for an initial Tier 2 manufacturing license. Something Wicked Cannabis Company approved for an initial Retail License. Lamoille Valley Extraction Solutions approved for renewal of a mixed Tier 1 cultivation license. Vermont Patients Alliance approved for renewal of an Integrated License. Cannabis Dreams Nursery approved for renewal of a mixed Tier 1 cultivation license. Park Rec LLC approved for renewal of a Wholesale License. Flora Cannabis approved for renewal of a Retail License. And Rebel East Vermont, sorry. And that is it. Thank you. Okay I'm going to move to our two recommendations for denial of an initial license. Those are found on this slide here. Teach the Sea Sisters applying for a Retail License. Be Well Vermont applying for a Retail License. Staff is recommending these two businesses be denied for their initial license. And lastly, staff have two recommendations for employee ID card applicants. Submission number 43.96. Staff is recommending denial of an employee ID card for this submission as they don't meet the criteria for overcoming presumptive disqualification. Percentive to Board Rule 113. And submission number 43.40. Staff is recommending approval of this employee identification card as this applicant does meet the criteria for overcoming presumptive disqualification. They're the same rule. And that is your list for this week. Thank you. Sorry. So I think the order of operations is that the Board should approve the staff recommendations for approval and then do the three denials individually. Yes, that's a good plan. So yeah, I move that the Board accept each of the recommendations for new licensure and renewal as presented to us by the Executive Director in this meeting, including the ID card application 43.40. I second. All in favor. Aye. And then I move that we enter the recommended proposed decision relative to the Retail Establishment Application of Be Well Vermont. I move a second. All in favor. Aye. Aye. I move that we enter the recommended decision relative to the Retail Establishment Application of THC Sisters LLC, denying that establishment application for reasons stated in writing. I second. All in favor. Aye. Aye. Aye. I move that we enter the recommended decision relative to submission 43.96 denying that ID card application for reasons stated in writing. I second. All in favor. Aye. Aye. Aye. Three. Okay. Yeah. All we have left is public comment. So handle this the same way we always do. If you have a comment, I mean, you're joined by the link, please raise your virtual hand. We'll do our best to call on you in the order that you raise your hand, and then we'll move to people that join by the phone. We've had, oh, there we go. EES is first up. That's your virtual line. EES, you are unmuted, but we can't hear you. They've lowered their hand. Any comments from people that joined by the video? Okay. If you've joined by a phone and would like to make a public comment, you can unmute your phone by hitting star six. There is currently nobody joined by phone. Let's call for a public comment. All right. Well, I'll close the public comment window. Again, Bren will have the list posted on, you know, this will be up on YouTube for all the people who got approved today. Go back and listen to the list. Congratulations to all of you. We do have some bittersweet news. I should have mentioned it at the top of the meeting. Our dear employee number one, 001. Nellie Marvel is moving on to bigger and brighter futures, screener pastures. Although it could be greener than it seems. And that's starting on Monday. So, you know, she's not getting a break in between one roller coaster and another, but you've been incredible support to us. You really kind of are just as much a part of the board as the, you know, everyone here, you know, in building this thing out of scratch. So thank you for everything that you've done for us. And we wish you all the best, Nellie. Don't be a stranger. Yes. Thank you, Nellie. Employee number one. Those days were crazy. And you kept us in line and on track. So immensely grateful for all of your contributions to building this ship. I'm still in denial. I don't want to talk about it, but I am very proud of Nellie and all that she's accomplished and done for the board. And your trajectory has been fun to watch. And it will be fun to continue to watch you rise. That's the block. And congratulations, everybody, including Nellie. All right. With that, I will adjourn the meeting. Thanks, everyone.