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Chris Webber, partner announce $50M cannabis facility in SW Detroit

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Detroit — NBA Hall-of-Famer Chris Webber and his business partner announced plans Tuesday to construct a $50 million cannabis operation in Southwest Detroit, the first phase of what will eventually be a $175 million production, dispensing and training facility in Southwest Detroit.

Housed in a former industrial building at 2599 22nd Street, the business named Players Only will provide training and jobs for hundreds of Detroiters, the former University of Michigan basketball star said. Cannabis company Cookies, with stores in Michigan, will provide a training program called Cookies U.

“We’ll train thousands of individuals for the cannabis industry…” Webber said during a ceremonial groundbreaking of the $50 million initial phase of the development. “By Cookies being one of the best brands in the country … we can have job placement for you.”

The 180,000-square-foot Players Only Facility will feature a 60,000-square-foot cultivation area, an 8,000-square-foot dispensary and a private cannabis consumption lounge. Construction is set to begin this fall.

The dispensary is expected to be complete by March 2022, Webber said, adding that the cannabis lounge will open in eight months and the cultivation part of the project in 18 months.

Webber said there is no timeframe for the second phase. [Read More @ Detroit News]

The post Chris Webber, partner announce $50M cannabis facility in SW Detroit appeared first on Cannabis Business Executive - Cannabis and Marijuana industry news.


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