The construction of Cultivation Technologies Inc.’s commercial cannabis campus in Coachella is running a bit behind schedule, but things down south are beginning to fall into place and paving the way for Colusa’s own facility to go in shortly thereafter.
That was the general tenor of the brief update provided by Rob Bernheimer, Cultivation Technologies Inc. Legal Counsel, who paid a visit to the Colusa City Council on March 7.
“It’s been about five or six weeks since we held the public session, and I wanted to let everyone know the progress we’ve been making on the on the cultivation facility in Colusa Industrial Park,” Bernheimer said.
He told the council that CTI was currently working to negotiate two pieces of financing for the Coachella facility, one of which he expected to go through “literally any day.” The second piece of financing would go through about 30 days after that.
“They’re both very related,” Bernheimer said. “That’ll be great, because in both of those negotiations, they are very aware of what we’re doing in Colusa, and they both want the ability to finance this project as well. So I think once we have that project financed, we’ll come down the pipe and be able to move a lot quicker between hopefully project approval some day and then getting started on the construction.”
Bernheimer said that CTI had been working with an engineer based out of Yuba City to address a few drainage issues at the potential Colusa site, and had also entertained some bids from environmental consultants to help with the initial study on the California Environmental Quality Act.
“The first bid we got back, we thought was a little high. It came in at about twice the price of what the initial study was in Coachella,” Bernheimer said. “And we think some of the work is already done, the issues are done, so we are seeking some other bids.”
He added that the environmental consultant would ultimately be hired through the city.
“It will be a city consultant that CTI pays for. So, we’re in the process of that right now.”
He also said that CTI may end up “picking up” a portion of the property adjacent to CTI’s in the Colusa Industrial Property complex.
“Farm Credit, they are planning on building a bank there and they’re not sure they are going to need the entirety of the four acres. We would be interested in picking up the balance – not to expand the size of the facility we’ve been talking about, but just to make sure we have plenty of room to do that,” Bernheimer said. “We want to get a little further in our discussions with Farm Credit, because if we’re going to add some of that land into the project, that has to go into the project description for the initial study, and has to be part it from a CEQA standpoint.”
Ultimately, Bernheimer anticipated that it would take an additional “few months” to get things going in Colusa.■