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Home 🌿 Marijuana Business News 🌿 Company leasing space for medical marijuana dispensary in Downtown Brooklyn 🌿Company leasing space for medical marijuana dispensary in Downtown Brooklyn
A Long Island company vying for a state license to distribute medical marijuana has leased space in Downtown Brooklyn, Crain's first reported Thursday.
PalliaTech Inc., a producer of marijuana-based pain medications, is looking to move into the second floor of 425 Fulton St., between Pearl and Jay Streets, where it will take up 3,000 square feet of space.
"You want to be in a population center and you want access to public transportation and it's a great location from that perspective," said Andrei Bogolubov, executive vice president of PalliaTech. "The state has placed a high priority on geographic dispersion of the dispensaries and where the medicine will be manufactured and you have Brooklyn, where we were able to find a terrific facility there."
At the moment, only five licenses will be awarded and the application process is an arduous one.
Companies vying for one of the coveted spots...
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