A cannabis business that grows and infuses cannabis into specialty products is eyeing a long-vacant building in Chatham. Ayman Haswah and Ahmad “Eddie” Shaban, owners of two South Side beverage and liquor stores, are proposing to open the business at 7401 S. State St., next to an Aldi grocery store.
Under the name Guaranteed Investments, they would grow about 6,000 pounds of cannabis every three months, representatives said at a community meeting last week hosted by Ald. Roderick Sawyer (6th).
Once the business secures partnerships with retailers, workers also would create cannabis-infused products like hard candies, inhalers, cooking oils, and drinks. The business would not sell directly to customers but to other dispensaries around town, representatives said.
Renovating the building could cost up to $10 million, a company representative said. If approved, the cannabis cultivation site would be the first of its kind in the neighborhood. Caryn Shaw, an attorney representing Guaranteed Investments, said the cannabis cultivator will make “an unproductive piece of land productive again.”
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