Medical marijuana factory could come to Kingsley

cannabis-buds-in-hand (1)A downtown development authority vote shows growing support of a medical marijuana factory in the Grand Traverse County village of Kingsley.

 

The project is estimated to cost 20 million dollars and will bring roughly 100 jobs to the area.

Officials with the village say the show of support is strictly due to the economic impact the factory could have.

Jake VanBoxel is the village manager for Kingsley and a member of the DDA. He said TheraCann, the company behind the factory, has offered to pay for infrastructure improvements needed to support the factory.

“Which from my perspective I would want required because we are not going to front the cost on this improvement and say this company goes out of business than our taxpayers are burdened with paying off the debt of what it took to make these improvements over the next 40 years or so.”

VanBoxel said TheraCann has yet to make an official proposal for the project. Once they do it will be up to the village council to give final approval.