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Cannabis Kingpin Carissa Davino Buys $9 Million L.A. Mansion



California’s legalization of leisure marijuana has reaped unimaginable monetary rewards for a lot of within the hashish business, however most notably for these on the very prime of the proverbial meals (weed?) chain. A kind of executives is Carissa Davino, a Chicago resident who now spends a major period of time in Los Angeles, the place her numerous enterprise pursuits are primarily headquartered.

Although she retains a low public profile, data present Davino is the only real managing member of Double Barrel LLC, the company entity that owns a patented dual-chamber vaporizer — one thing that enables hashish connoisseurs the power to vape two cartridges directly. The gadget, which retails for a princely $90 per unit and is particularly focused at a “subtle but neglected connoisseur” has nonetheless grow to be widespread all through the nation, maybe because of endorsements by celeb vape aficionados. In 2018, Diddy reportedly ordered 50 double barrels for his Coachella crew alone.

Davino can be president of Avanzato Know-how, the Westside L.A.-based agency that focuses on manufacturing units comparable to e-cigarettes and vaporizers. Avanzato additionally churns out improvements inside its explicit discipline area of interest, together with the more and more widespread vape pens, which have grow to be staple merchandise of high-profile hashish manufacturers like Dosist.

Along with Davino’s entrepreneurial vape endeavors, public company financial disclosures reveal the Italian-American marijuana mogul was one of many largest stakeholders in Sunniva, a publicly-traded hashish agency primarily based in Vancouver. As of 2016, Davino’s partial possession stake in Sunniva alone was valued at greater than $8.6 million.

Final 12 months, Davino put a few of that inexperienced again into the true property market, shelling out $9 million for a swank L.A. residence. Constructed on hypothesis and accomplished in 2018, Davino’s boxy up to date extravaganza lies simply above the long-lasting Sundown Strip, within the decrease Hollywood Hills, and is totally surrounded by camera-watched partitions and gates for privateness.

Behind the two-tone cream-and-charcoal façade lies a designer residential showpiece that seamlessly merges pure parts — gentle, water and glass — with unique particulars like European hardwood flooring and marble quarried in Italy. The big nice room includes a fire inset right into a monolithic block wall hewn from black marble; the adjoining kitchen options almost each high-end Miele equipment recognized to mankind.

There are seven bedrooms scattered all through the almost 6,500 sq. ft. mansion, however the undisputed star of the true property present is the upper-floor grasp retreat, which itemizing supplies aptly time period “epic.” The plush lair has its personal front room and is ideal for a CEO, with radiant heated flooring and twin showers, bogs and vanities within the spa-like tub. The grasp’s showroom closet/dressing room wouldn’t look misplaced in a Rodeo Drive boutique, and a wraparound balcony takes in metropolis lights views.

Talking of views, the 1,000 sq. ft. rooftop terrace has even higher vistas from its personal perch. It’s additionally bought a bar, a jacuzzi and a lounge space with loads of house for entertaining, or solo vaping. And the expansive rooftop additionally makes up for the .24-acre lot, which isn’t significantly huge for the neighborhood, though the yard does provide a horny, negative-edge swimming pool with inset spa.

Lately, any state-of-the-art mansion in L.A. — significantly a $9 million one — is anticipated to be a completely fledged sensible dwelling, and the brand new Davino property doesn’t disappoint. All the property could be managed remotely, through a Control4 system, from the contact of the proprietor’s iPad. Lights, sound and cameras are simply monitored or adjusted from afar, a necessity given the more and more international nature of the trendy period’s high-flying jetset.

Ben Bacal and Lolita Pagramyan of Revel Actual Property held the itemizing; Michael LaMontagna of Compass repped Davino.

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