By 420 Intel on Wednesday, 29 September 2021
Category: Business News - 420 Intel

Michigan Fab Five's Chris Webber to bring a $175M cannabis 'compound' to southwest Detroit

Former Michigan basketball and NBA star and Detroit native Chris Webber is planning to open a cannabis "compound" in southwest Detroit, which will include a marijuana operations and training facility, a cultivation facility, a dispensary and a cannabis consumption lounge.

Webber broke ground Tuesday on the 180,000-square-foot, $50 million facility, which will be called the Webber Wellness Compound. The compound is owned by Players Only Holdings, a business co-founded by Webber and entrepreneur Lavetta Willis. (Photo by: F.Dozier, Detroit Free Press)

The cultivation will eventually be expanded by 80,000 square feet, representing a $125 million investment. The first phase is set to be completed in March 2022. There's no timeline on the phase two expansion.

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