US (WV): MMJ company to acquire Fort Ashby based building

The building at the Fort Ashby Business & Technology Park currently owned by the Mineral County Development Authority may soon have a new owner and occupant.

Authority Executive Director Kevin Clark said at Tuesday afternoon’s business meeting that the agency had received a letter of intent to purchase the 27,000 square foot shell building that occupies lot 14 on the property. The name of the potential tenant, Mountaineer Integrated Care, was announced in a Wednesday morning press release. The sale price is $610,000, Clark said Tuesday — the MCDA currently owes $400,000 on the building.

“We are excited to partner with the Mineral County Development Authority in signing a contingent purchase agreement for the operation of our medical cannabis cultivation and processing facility. I believe it demonstrates our commitment to being a compliant operator within the regulations set forth and also provides us with an opportunity to bring meaningful job creation to the communities we hope to operate in,” said MIC chief compliance officer Abigail Nath in the release.

John Lusk, president of the development authority, said in the release that "We are happy to work with Mountaineer Integrated Care to bring substantial investment, jobs and economic development. We are excited for the future."

Read more at times-news.com


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