BUFFALO, NY – Zephyr Partners’ portfolio already includes six high-tech cannabis campuses in California.
Now the company’s CEO, Brad Termini, is hoping to build his footprint in the city he was born and raised in: Buffalo.
“When I saw New York opening up to cannabis legalization, we thought it would be a great opportunity to leverage our California expertise and bring this exciting new industry and related jobs to Western New York . “Terms.
Discussions about the campus began two years ago. Termini says the campus would focus on the production, cultivation and processing of cannabis products.
“Really think of this as a full cannabis factory going from seed to finished product on a campus,” said Termini.
He says the $ 200 million campus is to be built on the former Hanna Furnace site in Buffalo, now known as Buffalo Lakeside Commerce Park. But the plan has yet to go before the Buffalo Planning Board.
“We will be in front of the planning committee at the end of this month trying to approve our phase 1 plan. The project will be built in phases,” said Termini.
If approved, it depends, according to terms, on what the cannabis regulations the state is currently working on will be. He says the plant will create 800 jobs.
“Jobs at all grades,” said Termini. “I think this is really an exciting opportunity for Western New York.”
Termini expects no resistance from western New Yorkers.
“Most people’s minds are open to the benefits of the cannabis plant, the cannabis industry,” said Termini. “If you look at national and national polls on how people feel about cannabis, I think an overwhelming majority of Americans are ready to lift the veil on some of the stigmas that have existed for generations.”
Termini hopes to start building the cannabis campus early next year.