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Home 🌿 Marijuana Business News 🌿 Maine tribe nears deal to develop marijuana cultivation facility 🌿Maine tribe nears deal to develop marijuana cultivation facility
A Passamaquoddy leader says a letter of intent with a Colorado consultant is about hemp production, but that could change, and legal gray areas abound.
The Passamaquoddy Tribe at Indian Township has signed a letter of intent with a Denver-based medical marijuana management and consulting company to develop a cultivation facility on tribal land in Washington County.
Monarch America Inc. announced last week that it intends to design and manage a “state of the art” marijuana cultivation facility in an existing 35,000-square-foot building on Passamaquoddy Tribal Trust Land in Princeton, Maine.
Billy Nicholas, chief of the Passamaquoddy Tribe at Indian Township, confirmed Tuesday that the tribe had signed the letter of intent, but characterized the potential operation as an industrial hemp production facility rather than a medical marijuana cultivation facility.
“We’re talking about starting off with hemp production and as the state of Maine and federal law allows,...
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