Western New York's first proposed legal cannabis farm and production facility got the green light from city planners on October 25th as developer Rocco Termini's son pursues the initial phase of his $200 million high-tech cannabis campus in South Buffalo.
Brad Termini's Zephyr Partners wants to construct a sprawling complex for cannabis cultivation and manufacturing, using 72.4 acres of vacant land in the Buffalo Lakeside Commerce Park, just off Tifft Street, east of Route 5.
He is planning to start small for now to get the effort underway, but plans ultimately call for creating more than 1.375 million square feet of building space to grow cannabis plants, make a variety of products and conduct medical research, including on the potential benefits for cancer patients.
The Encinitas, Calif.-based investment and development company already has eight properties under contract from the Buffalo Urban Development Corp. for $1.9 million, but delayed the purchase until recreational cannabis use was legalized in New York earlier this year. State officials are still developing the regulations that will govern the industry, but Zephyr is now confident enough to proceed with municipal approvals for the first $28.5 million phase.
Read more at buffalonews.com