The City of Lemoore has moved forward with several lease agreements this year with cannabis operations — the most recent being a 19-acre site for processing and manufacturing cannabis.
In a unanimous vote, the Lemoore City Council approved a project development agreement and cannabis regulatory permit between the city and People’s Properties, LLC, for cannabis cultivation.
The agreement is for a 19-acre parcel south of the wastewater plant in the city’s light industrial zone. City Manager Nathan Olson said the site will be used for processing and manufacturing cannabis, as well as biomass.
According to the city staff report, People’s Properties, LLC, will pay annual rent of $2,000 per usable acre, as well as a designated percentage of gross receipts from the biomass and manufactured cannabis flowers to the city.
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