US (MA): Grower plans expansion into Thorndike

Massachusetts-based Nova Farms is finalizing plans to expand into Thorndike in time for the 2021 growing season after securing approval Saturday.

Thorndike residents voted 50-34 at a special town meeting to nix a proposed six-month moratorium on new cannabis businesses to provide time to create a local cannabis ordinance.

The vote pushed forward the sale of Thorndike resident Donald Maxim’s 170-acre farm to Nova Farms, a commercial cannabis grower.

“It’s definitely a favorable decision,” Nova Farms CEO Derek Ross said Monday. “We had plans to start deploying capital and executing the project three weeks ago, and this was the curveball that slowed us down. Now that we’ve gotten past this, we can move on to purchasing the property and start developing the project.”


Publication date:

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

Other news in this sector:

© 2021

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

Subscribe I am already a subscriber