Going big in Massachusetts
Stateside, one Denver-based company is also eyeing largescale greenhouse cannabis cultivation.
Americann has initiated preliminary site work on a nearly 1 million-square-foot operation in Massachusetts, where voters approved a recreational marijuana measure in November 2016.
A rewrite of the proposed marijuana laws is currently before Gov. Charlie Baker, but as the state moves towards enacting the will of the voters, it clearly lacks the cultivation infrastructure to meet demand for medical and adult-use cannabis, Americann CEO Tim Keogh said.
With a population of 6.8 million, the Massachusetts medical marijuana market is projected at 150,000 patients, he said. But at present there is about 200,000 square feet of cultivation infrastructure.
By comparison, he estimates that Colorado had a couple of million square feet of cultivation operations to supply a smaller patient population.
To meet future demand, the Massachusetts marijuana industry sought expertise from Colorado growers, he said. As a result the state has ended up with lots of operators who know how to find, outfit and run 10,000- to 20,000square-foot indoor cultivation centers, the manner in which much of Colorado’s marijuana is grown.
Keogh said he thinks largescale grow facilities are lacking across the U.S.
“Our vision is really to become the leading provider of state-ofthe-art sustainable infrastructure to really meet the needs of markets as they come online,” he said.