Bright Green Corp. to Build $300M High-Tech Cannabis Manufacturing and Research Facility in New Mexico


<![CDATA[SANTA FE, N.M., May 24, 2021 – PRESS RELEASE – Rural New Mexico will soon be the home to one of the nation’s largest cannabis manufacturing and research facilities, Gov. Michelle Lujan Grisham and Bright Green Corp. announced Monday. A $300-million investment in a state-of-the-art agricultural ecosystem on company-owned property in Grants—about 70 miles west of Albuquerque—will use the latest technology and automation, delivering consistency and purity to the production of high-quality cannabis for the advancement of medical research.The project is expected to create more than 170 construction jobs and an initial 200 research and agricultural jobs.“I couldn’t be more excited about the development of another world-class research facility right here in New Mexico,” Lujan Grisham said. “New Mexico as a state has a legacy of leading in research and science. And Bright Green is an exciting partner that I’m glad has chosen to make an impact here in our state. We have the talent, workforce and innovative spirit to make this forthcoming new industry a complete success. Investments like this one make me even more optimistic.”Bright Green Chairman Terry Rafih said, “Gov. Lujan Grisham, New Mexico’s federal delegation and the local and tribal communities in Cibola County have worked with us from the beginning to create the right environment for innovation and research and we are excited to finally share news of this investment with the rest of New Mexico.”“With the cooperative spirit of federal, state and business we found in New Mexico, we will see New Mexico and Bright Green Corp. become leaders in this emerging field of medical research,” said Lynn Stockwell, the majority owner and controlling stockholder of Bright Green.Based in Grants, Bright Green (BGC) was approved by the Drug Enforcement Administration (DEA) to facilitate the production, storage, packaging and distribution of medical research cannabis under the new regulations,…

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Source : Bright Green Corp. to Build 0M High-Tech Cannabis Manufacturing and Research Facility in New Mexico

reposted by Cannabis News World

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