r/CTents • u/louisrinaldi • 1h ago
High Profile/C3 and the Feinberg/Pomerantz family business connection: Draw your own conclusions...
DF C3, the Feinberg and Pomerantz connections, and Connecticut's cannabis licensing process: 2022 to 2026
I've been looking into DF C3 LLC, its earlier dispute over Connecticut's social equity licensing requirements, its new 2026 cultivator application, and the people and businesses connected to this history. There's also a separate but relevant development involving C3 Industries, a $16 million East Hartford cannabis facility project, and NewLake Capital Partners. The similar names make it especially important to distinguish the companies and follow the actual records. Here's the timeline and the source documents.
1. DF C3 LLC and the original social equity licensing dispute
DF C3 LLC was formed in Connecticut on February 22, 2022. The company pursued Connecticut's disproportionately impacted area (DIA) cultivator licensing pathway. The statutory framework established ownership, control, residency, and income requirements for qualifying social equity applicants. DF C3 became involved in litigation over the Social Equity Council's determination concerning the company's eligibility under those requirements. The case was DF C3 LLC v. Social Equity Council et al., Connecticut Superior Court docket HHB-CV22-6074360-S. An August 31, 2022 court filing sought to consolidate DF C3's case with related administrative appeals involving social equity eligibility determinations. Source: Court filing concerning DF C3 and related social equity appeals Connecticut's licensing process distinguishes between an application, a provisional license, and a final license. A provisional license does not authorize a cannabis business to begin operating. Official source: Connecticut DCP licensing information
2. What happened to the original application?
The original DF C3 application became entangled in the dispute over social equity eligibility and ownership-and-control requirements. The state subsequently reviewed applications affected by remand proceedings. The Social Equity Council's November 2022 meeting minutes document its consideration of remanded applications and approval of 11 applications following renewed review. Source: Social Equity Council November 2022 meeting minutes The important distinction is that the original application and the later licensing activity are not interchangeable. The fact that an applicant participated in the licensing process, or litigated an eligibility decision, does not by itself establish that it received a final operating license. The current application is a separate, later development.
3. DF C3's new 2026 adult-use cultivator application
Connecticut DCP's eLicense system contains a public application titled Application - ADULT-USE CANNABIS CULTIVATOR for DF C3 LLC. The application identifies the DIA cultivator pathway and names the following people in connection with the business: - Dani Feinberg: Listed as an owner. - Ankur Rungta: Listed as a manager and application contact. - Vishal Rungta: Listed among the company's backers. - Joel Ruggiero: Listed among the company's backers. The application also lists DF C3 LLC as an applicant for an adult-use cannabis retailer license. The cultivator application describes a $3 million provisional application fee associated with advancing through the licensing process. This is a stated application requirement, not evidence that the fee was paid or that a final license was issued. The application also includes supporting corporate documentation and an organizational chart identifying ownership interests. Primary source: DF C3 LLC's adult-use cannabis cultivator application, Connecticut DCP eLicense This is the current application readers should examine alongside the earlier litigation record.
4. NewLake Capital Partners and the $16 million East Hartford project
In May 2024, NewLake Capital Partners announced a $16 million investment in a planned cannabis cultivation and processing facility in East Hartford. The project involved C3 Industries, a Michigan-based, multistate cannabis company founded by brothers Ankur and Vishal Rungta. NewLake announced that it had acquired a 58,500-square-foot industrial property and entered into a long-term triple-net lease with a C3 Industries affiliate. The announced investment consisted of: - $4 million to acquire the property. - $12 million committed for construction and conversion of the former cold-storage facility into a cannabis cultivation and processing operation. C3 Industries described the project as an expansion of its vertically integrated cannabis operations in Connecticut. Contemporary reporting identified the planned location as an industrial property at 241 Park Avenue, with an adjacent portion of the complex at 217-221 Park Avenue. East Hartford had adopted zoning regulations allowing cannabis cultivation and manufacturing uses in designated areas. Sources: - NewLake Capital Partners' May 8, 2024 announcement - Hartford Business Journal's reporting on the East Hartford facility - East Hartford's official cannabis zoning information
What happened to the East Hartford property?
NewLake's subsequent SEC filings document a substantial change in the project's trajectory. On October 23, 2025, NewLake amended its lease agreements with C3 Industries. Under the amended Hartford-area lease, the parties agreed that NewLake would pursue a sale of the property. The revised arrangement addressed the financial consequences of the sale: - C3 would continue paying monthly base rent until the property was sold. - If the sale proceeds fell below NewLake's investment basis, C3 would be required to reimburse NewLake for the shortfall. - If the proceeds exceeded NewLake's investment basis, a portion of the excess would be paid to C3 to reimburse its investment in the property. - Following the sale, a portion of the rent previously allocated to the Connecticut property would be shifted to the Missouri lease. On November 24, 2025, NewLake entered into an agreement with a broker to market the Connecticut property for sale. In its 2025 annual report, NewLake classified the property as held for sale, with a carrying amount of approximately $4.8 million. NewLake's June 30, 2026 financial filing continued to describe the Hartford property as held for sale. That filing said management expected the sale to be completed within one year. Primary sources: - NewLake's September 30, 2025 SEC filing, including the amended lease terms - NewLake's 2025 Form 10-K - NewLake's June 30, 2026 financial filing The filings establish that NewLake moved from announcing a $16 million planned investment to marketing the Connecticut property for sale. The June 2026 filing still classified the property as held for sale.
5. C3 Industries and DF C3 LLC are distinct entities
This distinction matters throughout the timeline. C3 Industries is the multistate cannabis company founded by Ankur and Vishal Rungta. It was the operating company associated with the East Hartford facility project financed by NewLake. DF C3 LLC is the Connecticut applicant named in the social equity litigation and the 2026 adult-use cultivator application. The names of Ankur Rungta and Vishal Rungta appear in the records associated with DF C3, while they are also identified as the founders of C3 Industries in reporting about the East Hartford project. The records should be read together, but the legal entities should not be treated as interchangeable. Sources: - DF C3 LLC's 2026 DCP application - NewLake's East Hartford announcement - Hartford Business Journal's reporting on C3 Industries
6. Benjamin Pomerantz and Carmody Law
Benjamin H. Pomerantz is a partner at Carmody Law. His professional biography identifies cannabis law among his practice areas, including work involving cannabis, hemp, and CBD businesses. The Connecticut Social Equity Council's February 1, 2022 meeting minutes list Benjamin Pomerantz of Stamford among the members of the public who addressed the council. Separately, the August 2022 court filing concerning the social equity appeals identifies Liam S. Burke of Carmody in the state's representation. These records place Benjamin Pomerantz and Carmody Law in the broader professional and legal context surrounding Connecticut's cannabis licensing process. Sources: - Benjamin H. Pomerantz's official Carmody Law biography - Social Equity Council February 1, 2022 meeting minutes - Court filing concerning DF C3 and related appeals
7. The Feinberg and Pomerantz family-business connection
Construction Solutions Group is a Connecticut design-and-build business serving the Stamford area. Its published company history identifies several founders and principals: - Karen S. Feinberg, CFO and co-founder. - Sylvan D. Pomerantz, president and co-founder. - Barbara A. Pomerantz, principal architect and co-founder. - Bruce Feinberg, co-founder. The company history also mentions Seth Feinberg joining the business in 2005. An obituary for Anita Mildred Feinberg identifies Karen Feinberg of Stamford among her children and Dani Feinberg among her grandchildren. These records document a family connection involving Dani Feinberg and Karen Feinberg, alongside a business founded by members of the Feinberg and Pomerantz families. Sources: - Construction Solutions Group's company history - Anita Mildred Feinberg obituary
8. Timeline: 2022-2026
Here's how the documented events fit together chronologically. - February 1, 2022: Benjamin Pomerantz appears in the Social Equity Council's public-comment minutes. - February 22, 2022: DF C3 LLC is formed in Connecticut. - 2022: DF C3 pursues the DIA cultivator pathway and becomes involved in litigation over social equity eligibility. - August 31, 2022: The state files a motion to consolidate DF C3's case with related social equity appeals. - Late 2022: Connecticut reviews remanded social equity applications. - May 8, 2024: NewLake announces its $16 million East Hartford property and construction investment for a C3 Industries affiliate. - October 23, 2025: NewLake amends the C3 Industries lease agreements, with the Hartford property to be marketed for sale. - November 24, 2025: NewLake enters into a brokerage agreement to market the Connecticut property. - 2026: DCP's eLicense system contains a new DF C3 LLC adult-use cultivator application under the DIA pathway, identifying Dani Feinberg, Ankur Rungta, Vishal Rungta, and Joel Ruggiero among the company's participants. - June 30, 2026: NewLake's financial filing continues to classify the Hartford property as held for sale.
Original records
Connecticut cannabis licensing - DF C3 LLC's 2026 cultivator application - 2022 court filing concerning DF C3 - Connecticut DCP licensing information - Social Equity Council February 2022 minutes - Social Equity Council November 2022 minutes East Hartford property and NewLake - NewLake's original $16 million investment announcement - NewLake's September 2025 SEC filing - NewLake's 2025 Form 10-K - NewLake's June 2026 financial filing - East Hartford's official cannabis zoning information People and business relationships - Benjamin Pomerantz's Carmody Law biography - Construction Solutions Group company history - Anita Mildred Feinberg obituary The state application, court filings, company disclosures, and family-business records provide a starting point for examining the history of DF C3 and its current licensing application alongside the separate East Hartford development involving C3 Industries and NewLake Capital Partners.