The cannabis cultivation and manufacturing facility now under construction in South Buffalo will be capable of growing more than $19 million worth of recreational pot – enough for more than 5 million joints or 20 million gummies each year, according to the head of the company that will operate it.
That will make the new campus a critical part of the company's overall expansion plan as it seeks to become a leading supplier in the burgeoning adult-use marketplace.
Toronto-based RIV Capital and its new US subsidiary, Etain LLC, will be the primary occupants of the cannabis campus that California-based Zephyr Partners is building in the Buffalo Lakeside Commerce Park.
They will start with a 68,000-square-foot main building for their own use and a 7,500-square-foot secondary facility to house four smaller independent licensees that Etain will support under the state's social-equity initiative.
But that's just the first part of what could be replicated in the future, as RIV and Etain pursue a second and potentially even third phase of development on 72.4 acres of open land, based on how the New York market develops and the demand for cannabis.
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