Massachusetts Will Soon be Home to the Country’s Largest Cannabis Growing Facility

Massachusetts’ cannabis culture is growing rapidly. The supportive cannabis state has announced that it will soon be home to the country’s largest indoor cannabis growing facility, called The Massachusetts Medical Cannabis Center, thanks to a Denver, Colorado-based cannabis company.

Denver-based AmeriCann purchased land from the Boston beer Company for $4,475,000, and it is estimated at costing the company $25 million for just the first phase of the construction, which is supposed to consist of a 130,000 square foot cultivation and processing area, with a separate 30,000 square foot research and development building. The entire facility is expected to be one million square feet.

March is the estimated start date for the construction of this giant facility, and it is aimed to be completed no later than October. The Massachusetts Medical Cannabis Center will be the largest facility in the nation—and will host Coastal Compassion as their tenant in the cultivation and processing area. If everything goes as planned, the massive facility will be about ready to harvest their first crops before the end of the year.

Massachusetts has proven to be one of the most progressive states when it comes to cannabis acceptance and cannabis policy. Voters chose to legalize the use of medical cannabis back in 2012; there are now over 25,000 registered patients in the state.

Since the recreational legalization in the November 2016 election, the state has experienced some setbacks thanks to legal representatives, but they are still working toward the legal market goal, and all seems to be on track.

The Colorado-based company AmeriCann prides themselves on creating state of the art facilities designed and built to produce high quality, consistent medicine that is cultivated and processed in a controlled, secure and sustainable environment. The company designs, builds and owns all of its cultivation and processing facilities for the production of medical cannabis. AmeriCann also offers real estate services, licensing procurement, venture capital to developing cannabis businesses, and are a publicly listed company with the U.S. stock symbol: ACAN on the OTCQX marketplace. The company is also looking into developing locations in California, Pennsylvania and Florida.