Denver-based AmeriCann is planning to develop what will be the United States’ largest medical marijuana facility in Freetown, Massachusetts. The one million-square-foot Massachusetts Medical Cannabis Center is planned for a tract in the Bristol County town formerly slated for a brewery by the Boston Beer Co.
The Boston Business Journal reported that AmeriCann bought the property this fall for $4.475 million. AmeriCann CEO Tim Keogh said the facility will be “the place in the northeast U.S. for the creation of a wide variety of exciting new advanced products for medical cannabis patients.”
The first phase of the project will include a 130,000-square-foot cultivation and processing area and a separate 30,000-square-foot research and development building, Keogh told the Boston Business Journal. Local contractor Campanelli Construction hopes to break ground in March and wrap up by October 2017. Total costs for the first phase could reach $25 million, Keogh said.
The Coastal Compassion company hopes to have cannabis in production in greenhouses at the site by fall 2017. AmeriCann is also said to be exploring opportunities for development of medical marijuana facilities in California, Pennsylvania and Florida.
The development is part of a growing trend of Colorado canna-businesses setting up shop in Massachusetts, where a legalization initiative was approved by voters in November.
As Quartz noted, the Freetown facility will overtake one currently under construction by GFarmaLabs in Desert Hot Springs, California, which until now, has been the largest in the country. Desert Hot Springs, in Riverside County, declared itself insolvent in 2014 and is now experiencing a real estate boom thanks to the cannabis industry. The three-greenhouse GFarmaLabs facility is to cover 100,000 square feet.
You can keep up with all of HIGH TIMES’ marijuana news right here.
Cody Alt Builds CBD Company in 7 Months, Now Launching Cannabis Products
Lawmakers Want To Charge Doctors Who Prescribe Cannabis With A Felony
7 Scientists Who Smoked Weed
Moms Who Get High
Recreational Marijuana in Canada Will Be Delayed
10 Best Vape Pens of 2017 for Cannabis Concentrates
10 Best Dab Rigs Of 2017
How To Grow Organic Weed: A Step-by-Step Guide
6 Sickest Space Bucket Designs
11 Markets That Benefit From Weed Legalization
Products5 days ago
10 Best Portable Vaporizers of 2017
Guides1 week ago
6 Ways To Get Better Bong Rips
Products3 days ago
10 Best Quartz Bangers Of 2017
Entertainment3 days ago
Nine Authors Who Smoked Weed
Culture2 days ago
The Origins of Your Favorite Weed Slang
Health1 week ago
How To Treat Endometriosis With Cannabis
Dispensaries1 week ago
First Medical Marijuana Dispensary In Texas Open For Business
News1 week ago
How Much Are Canadians Paying For Marijuana?