Announcements

Job Offers

Top 5 -yesterday

Top 5 -last week

Top 5 -last month

US (MA): Jackson approves sale of city-owned properties for cannabis grower

Jackson City Council approved the sale of two city-owned properties at its meeting Tuesday – for two seemingly different buyers.

Delray Beach, Florida-based Objectiv Growth, LLC proposed purchasing the Washington Avenue property to demolish the existing buildings and construct a 70,000-square-foot cannabis growing facility. The structures there were condemned in fall 2016 and the city took ownership the following year. With the sale, the city won’t be responsible for the demolition costs – estimated at about $30,700.

City officials said in the meeting that no development plans for the cannabis grow facility have been submitted yet, as it is not required to simply sell property. Initial proposals suggest the intended grow facility could be a $12- to $14-million development and employ as many as 50 people when it opens.

The development may still need to pass Jackson’s point-evaluation process for cannabis licenses.

Read more at mlive.com


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber