New Mexico tribe puts up land for $160M medicinal greenhouse
Source: Associated Press
New Mexico tribe puts up land for $160M medicinal greenhouse
By SUSAN MONTOYA BRYAN
Feb. 27, 2017 6:27 PM EST
ALBUQUERQUE, N.M. (AP) On a patch of tribal land in western New Mexico, a company plans to build a $160 million state-of-the-art greenhouse for researching and growing medicinal plants, including marijuana.
Bright Green Group of Companies is partnering with Acoma Pueblo on what would be the nation's largest commercial growing operation, by far dwarfing medical marijuana greenhouses already planned in Massachusetts, Illinois and California.
Plans call for Bright Green's greenhouse and its associated research facility to eventually cover nearly 6 million square feet, or about 100 football fields. Officials at the Delaware-based company say they would have room for as many as 40 million medicinal plants, from marijuana to pennywort and Indian ginseng.
While marijuana is expected to make up a significant portion of the operation, supporters of the project say the business plan was originally designed to sustain itself by producing oils used for various remedies already popular in the homeopathic world.
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This undated illustration provided by Bright Green Group of Companies, Inc. depicts Bright Green's planned construction on the Acoma Indian Reservation.[/font]