Katelyn Baker
Well-Known Member
Desert Hot Springs, CA - The CEO of the company behind Southern California's first major marijuana cultivation facility said Tuesday he was excited "to make history" with the facility's official opening Thursday in Desert Hot Springs.
Santa Barbara-based Canndescent's 9,600-square-foot cultivation facility at 65321 Two Bunch Palms Trail is the first of many cultivation centers expected to open in Desert Hot Springs and the Coachella Valley at-large.
Canndescent CEO Adrian Sedlin told City News Service he looked forward to being part of a major societal transition, "going from a position of condemning cannabis to a position of embracing its medicinal benefits."
The company was co-founded by Sedlin and his brother-in-law, who has grown marijuana since the early 1990s. Canndescent has raised $6.5 million in seed money over the past year.
Over the weekend, plants were moved into the building, which Sedlin said has stricter security than many banks. More than 60 cameras provide a direct feed to the Desert Hot Springs Police Department, he said.
Though the city has several cultivation projects in the works, Canndescent is the only cultivator to officially begin operating in Desert Hot Springs, which has turned to cannabis as a much-needed revenue source.
In 2014, Desert Hot Springs voters backed measures allowing marijuana dispensaries and cultivation after a local economic emergency was declared. The city also approved taxation measures for cultivators, requiring the businesses to pay an annual tax of $25 per square foot for the first 3,000 square feet and $10 per square foot for additional space.
Desert Hot Springs Mayor Scott Matas said Sept. 29 "will be an historic day for our city. With Canndescent opening its doors and 50 more projects in the works, cultivation tax revenues will drive significant economic expansion in the area and allow us to improve services for our residents."
Sedlin called working with the city "a blessing" and a "model for public-private partnership."
The industry is expected to boom in the region, especially if California voters approve Proposition 64, which would legalize recreational marijuana use in the state.
Canndescent will open Thursday without direct competition, though measures for marijuana cultivation and taxation have also been approved in Cathedral City and Coachella.
Government, state and local officials will be in attendance touring the facility; a monument presentation will be made to the city of Desert Hot Springs in recognition of introducing the first marijuana cultivation facility with a municipally-issued permit; and a Boy Scout troop will kick off the festivities with the Pledge of Allegiance.
A reception will immediately follow the ceremony at the Two Bunch Palms Resort.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Massive Marijuana Cultivation Facility To Open In Coachella Valley This Week
Author: Staff
Contact: Palm Desert Patch
Photo Credit: None Found
Website: Palm Desert Patch
Santa Barbara-based Canndescent's 9,600-square-foot cultivation facility at 65321 Two Bunch Palms Trail is the first of many cultivation centers expected to open in Desert Hot Springs and the Coachella Valley at-large.
Canndescent CEO Adrian Sedlin told City News Service he looked forward to being part of a major societal transition, "going from a position of condemning cannabis to a position of embracing its medicinal benefits."
The company was co-founded by Sedlin and his brother-in-law, who has grown marijuana since the early 1990s. Canndescent has raised $6.5 million in seed money over the past year.
Over the weekend, plants were moved into the building, which Sedlin said has stricter security than many banks. More than 60 cameras provide a direct feed to the Desert Hot Springs Police Department, he said.
Though the city has several cultivation projects in the works, Canndescent is the only cultivator to officially begin operating in Desert Hot Springs, which has turned to cannabis as a much-needed revenue source.
In 2014, Desert Hot Springs voters backed measures allowing marijuana dispensaries and cultivation after a local economic emergency was declared. The city also approved taxation measures for cultivators, requiring the businesses to pay an annual tax of $25 per square foot for the first 3,000 square feet and $10 per square foot for additional space.
Desert Hot Springs Mayor Scott Matas said Sept. 29 "will be an historic day for our city. With Canndescent opening its doors and 50 more projects in the works, cultivation tax revenues will drive significant economic expansion in the area and allow us to improve services for our residents."
Sedlin called working with the city "a blessing" and a "model for public-private partnership."
The industry is expected to boom in the region, especially if California voters approve Proposition 64, which would legalize recreational marijuana use in the state.
Canndescent will open Thursday without direct competition, though measures for marijuana cultivation and taxation have also been approved in Cathedral City and Coachella.
Government, state and local officials will be in attendance touring the facility; a monument presentation will be made to the city of Desert Hot Springs in recognition of introducing the first marijuana cultivation facility with a municipally-issued permit; and a Boy Scout troop will kick off the festivities with the Pledge of Allegiance.
A reception will immediately follow the ceremony at the Two Bunch Palms Resort.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Massive Marijuana Cultivation Facility To Open In Coachella Valley This Week
Author: Staff
Contact: Palm Desert Patch
Photo Credit: None Found
Website: Palm Desert Patch
