Bright Green Plans Grants, New Mexico, Cannabis Research & Production Complex
They had a ground breaking event on 10-5-2021 and invited select companies to attend.
The news about Bright Green Corp:
Bright Green Corp. will undertake a $300 million investment in a state-of-the-art cannabis agricultural research and production facility on company-owned property in Grants, New Mexico. The project is expected to initially create 200 research and agricultural jobs.
According to company officials the complex, which will be one of the nation’s largest cannabis manufacturing and research facilities, will focus on delivering consistency and purity to the production of high-quality cannabis for the advancement of medical research.
“While much is written about the cannabis market, we believe the true contribution of cannabis lies in its medical applications,” said Ed Robinson, chief executive of Bright Green Corporation. “Our vision is to improve the quality of life across a broad demographic group through the opportunities presented by medicinal applications of plant-based therapies, including cannabis derived products.”
Based in Grants, Bright Green was approved by the Drug Enforcement Administration to facilitate the production, storage, packaging, and distribution of medical research marijuana under the new regulations, as well as other applicable legal standards and relevant laws. BGC executed a memorandum of agreement with the DEA earlier this week, company officials said.
- Area Development News Desk