High-tech cannabis campus paints picture of investment in Buffalo

0
89

Source – https://www.wivb.com/news/local-news/high-tech-cannabis-campus-paints-picture-of-investment-in-buffalo/1763198338

WIVB, N.Y. (WIVB) – – A high-tech cannibis company is painting a better picture of its plans to root a $200 million dollar growing operation in Buffalo.

We told you on News 4 last month: Flora, Inc. the California based growery is now approved to build a facility in the Buffalo Lakeside Commerce Park.

The Governor says he will make full marijuana legalization a priority this year.

The push for full legalization in Albany is slow, but steady.

There’s still no agreement on the details, like rules about how the product should be sold and regulated, as well as tax rates.

Flora’s Co-Founder Brad Termini, is the son of prominent Buffalo developer Rocco Termini.

He says he’s confident we’ll see it this year, and now he’s putting his money where his mouth is.

Flora, inc. released a promotional video giving you a better picture of the 1.25 million square foot complex- set to live in the old Hanna Furnace building.

Spokesperson Imani Dawson acknowledges the campaign makes big promises. She said, “It’s an exciting opportunity for the entire city of Buffalo and Western New York to really benefit.”

That includes highering 500 to one thousand new jobs, with at least 25 percent of those jobs going to minorities from Buffalo.

Dawson said, “People who’ve been the victims of mass incarceration, who have gotten caught up in America’s war on cannibis, who have been disproportiantely impacted have an opportunity to benefit from this burgeoning new industry.”

The video features former Mayor Anthony Masiello and touts a partnership with Roswell Park for medical research purposes. “We were interested in getting invovled with Flora and addressing the question of how cannabis or marijuana might help cancer patients,” said Roswell Park CEO Dr. Candace Johnson.

The company is of course banking on full legalization.

But there are now questions about whether lawmakers would have enough time to resolve thorny legalization issues before the budget is approved. Flora leaders are confident and pushing forward.

Dawson said, “We do think it will happen and part of what we are doing is to share our vision of what the cannabis industry could look like.”

The company would have shovels in the ground 90 to 120 days after getting a permit from the state.

NO COMMENTS

LEAVE A REPLY