VCIA hosted a Board meeting and our Spring Mixer at the beautiful Hotel Vermont this past Wednesday night. We had a great turnout and a great evening outdoors with friends from the VCIA community.

At the board meeting, I provided an update on our activities since the beginning of the year and reported on legislative activities VCIA is heavily involved with at the State and Federal levels. Ian Davis, the newish Director of Financial Services for Vermont’s Department of Economic Development gave what I would call “the first 100 days” report and thanked all in the industry who have welcomed him and provided guidance and support. We all look forward to working with Ian going forward!

Dave Provost and Sandy Bigglestone from Vermont’s Department of Financial Regulation (DFR) hosted a Q & A with members where they covered topics ranging from the provision in the newly enacted updates to Vermont’s captive statute that allows agency captives to be licensed, to how quickly we might see a captive licensed for the emerging marijuana industry – just a hint: not that soon.

Then it was cocktail hour (or so) with our members, old and new, on the outside patio of the hotel Vermont overlooking the lake – a perfect way to end a busy day!

I look forward to hearing from you.

Rich Smith
VCIA President