City Council set to discuss potential Canna-Hub Commercial Marijuana Growing Complex at 6 p.m. in the Community Center, 860 C Street in Williams.
After receiving a presentation from Tim McGraw, CEO and founder of Canna-Hub, regarding a potential marijuana cultivation facility on March 15, the City Council will meet again today to further discuss the project this evening, and to better inform the public.
Canna-Hub is a real estate company that specializes in cannabis real estate parks. They approached the City Council two weeks ago to discuss the possibility of building an 80-acre facility on Marguerite St. The project would be a multi-tenant, multi-use cannabis business park. Initially, there would be 62 half-acre indoor cannabis grow operations on the southern 40-acres of the parcel, which could eventually expand to more than 100 operations.
McGraw estimated that a fully developed project could bring one-time revenue to from various fees of up to $5 million to the city, in addition to upwards of $1 million in annual revenue from city-level permits.
The presentation was met with mixed reactions from the public and the council, and City Administrator Frank Kennedy asked for the special workshop to be scheduled so that the city could gather more information before making any decisions.
“We just want the public to be heard, and we’re going to have some additional information moving forward… The focus of this meeting is to hear the concerns from the community and the public. Mr. McGraw will be here to discuss in more detail what the project will look like,” Kennedy said.