The city of Binghamton is investing in becoming a leader in the cannabis industry in upstate New York. Binghamton's mayor Jared Kraham announced plans for a cannabis cultivation facility in Binghamton's first ward on Charles street. Mayor Kraham says Binghamton is open for business for cannabis companies.
"Binghamton has been on the cutting edge upstate New York in terms of being proactive as it relates to cannabis-related companies and being open for business," said Kraham. These companies have the opportunity to create jobs, do significant community and economic development, as well as generate new tax revenue for the city of Binghamton."
National cannabis company "STIIZY," based in California, signed an agreement on this site right here on Charles street to construct a high-tech cannabis cultivation and distribution facility in the Charles street Business Park.
"It's not a retail facility," said Kraham. "But this could create a large number of jobs, millions of dollars in investments into the first ward in the City of Binghamton, and one that we're really excited about," Kraham says that the cannabis industry can lead to an economic boom in Binghamton. Still, his main goal is to do so responsibly.
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