Medical cannabis grower and dispenser Etain LLC has secured $5.1M in financing for an expansion at its Warren County production center.
The National Bank of Coxsackie approved a mortgage to cover the cost of constructing a 33,200-square-foot greenhouse and a 24,900-square-foot warehouse at Etain's processing plant at 6030 Route 9 in the hamlet of Chetertown.
The project is expected to be completed by July 2021.
Etain is a woman-owned business and one of the 10 license medical cannabis growers and processing companies in New York state.
"They are a pretty progressive company that takes care of its employees and now they are just about doubling the size of their business," said town supervisor Craig Legget.
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