Katelyn Baker
Well-Known Member
Fall River - Trees will fall to make room for marijuana plants in the biopark.
Cannatech Medicinals, a medical marijuana company, is set to clear 12 acres on Innovation Way, right next to the Amazon facility, for a 40,000 square foot building to house a marijuana growing and processing facility.
"This is a medical company," said Dr. Henry Crowley, Cannatech president. "We will make this a state of the art facility. Our standards will match those at any facility producing medicine."
Cannatech Medicinals is in the final stages of approval from the state Department of Public Health to build and operate a center to grow marijuana and convert it to oils, edibles, ointments and beverages for use as a prescribed medicine.
The company will also dispense medical marijuana products from a storefront it purchased on Hartwell Street, just up from the intersection with Rodman Street, Crowley said.
Crowley is the medical director and the director of pain therapy at the Same Day SurgiClinic, 272 Stanley St.
He is also president of Cannatech, a separate company dedicated to medical marijuana.
Marijuana and its derivatives are legal by state law as a prescribed medicine. It remains a banned Schedule 1 drug by federal law.
Because of the federal ban, big drug companies have stayed away from research on marijuana as medicine, Crowley said. But a decade of research in Israel and the Netherlands has shown that medicine derived from marijuana can be used to ease the symptoms of multiple sclerosis, shrink cancerous tumors, provide relief from seizures, open breathing passages constricted by asthma as well as provide help to people suffering from pain or anxiety, Crowley said.
Debate is underway at the national level to remove marijuana from the list of banned drugs, a process known as descheduling.
Cannatech will proceed with the assumption that marijuana will be descheduled, Crowley said. Besides growing and processing different strains of marijuana, the company plans to experiment to develop other medicines derived from cannabinoids, Crowley said.
"Once marijuana is descheduled, it will open the gates," he said. "We can partner with big pharma and really get working on our research."
Cannatech is one of several companies exploring the possibility of establishing facilities in the city.
Mayor Jasiel Correia II has issued three letters stating the company would not oppose company plans to operate in the city.
Former mayor Will Flanagan is waiting for an answer for his client, Hope Heal Health of Warren, Rhode Island. That company requested a letter of non-opposition from Correia.
Hope Heal Health has an agreement with a property owner in the city to buy a building to construct a facility to grow, process and dispense medical marijuana, Flanagan said. He said the company would release the address of the building once it got local approval to proceed.
There is already one dispensary in the city for medical marijuana. There is room for more, Flanagan said.
"There are many products," he said. "If they carry a product we don't we can refer them to another dispensary. We'll carry products they don't.
"We don't want to overlap. We want to complement each other."
And it is not surprising that several companies are racing toward a start in the medical marijuana field, Flanagan said.
"This is the fastest growing industry in the history of the North American economy," he said. "It would be great if Fall River was a part of that."
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Fall River Eyed For Multiple Medical Marijuana Facilities
Author: Staff
Contact: 508-676-8211
Photo Credit: AFP
Website: The Herald News
Cannatech Medicinals, a medical marijuana company, is set to clear 12 acres on Innovation Way, right next to the Amazon facility, for a 40,000 square foot building to house a marijuana growing and processing facility.
"This is a medical company," said Dr. Henry Crowley, Cannatech president. "We will make this a state of the art facility. Our standards will match those at any facility producing medicine."
Cannatech Medicinals is in the final stages of approval from the state Department of Public Health to build and operate a center to grow marijuana and convert it to oils, edibles, ointments and beverages for use as a prescribed medicine.
The company will also dispense medical marijuana products from a storefront it purchased on Hartwell Street, just up from the intersection with Rodman Street, Crowley said.
Crowley is the medical director and the director of pain therapy at the Same Day SurgiClinic, 272 Stanley St.
He is also president of Cannatech, a separate company dedicated to medical marijuana.
Marijuana and its derivatives are legal by state law as a prescribed medicine. It remains a banned Schedule 1 drug by federal law.
Because of the federal ban, big drug companies have stayed away from research on marijuana as medicine, Crowley said. But a decade of research in Israel and the Netherlands has shown that medicine derived from marijuana can be used to ease the symptoms of multiple sclerosis, shrink cancerous tumors, provide relief from seizures, open breathing passages constricted by asthma as well as provide help to people suffering from pain or anxiety, Crowley said.
Debate is underway at the national level to remove marijuana from the list of banned drugs, a process known as descheduling.
Cannatech will proceed with the assumption that marijuana will be descheduled, Crowley said. Besides growing and processing different strains of marijuana, the company plans to experiment to develop other medicines derived from cannabinoids, Crowley said.
"Once marijuana is descheduled, it will open the gates," he said. "We can partner with big pharma and really get working on our research."
Cannatech is one of several companies exploring the possibility of establishing facilities in the city.
Mayor Jasiel Correia II has issued three letters stating the company would not oppose company plans to operate in the city.
Former mayor Will Flanagan is waiting for an answer for his client, Hope Heal Health of Warren, Rhode Island. That company requested a letter of non-opposition from Correia.
Hope Heal Health has an agreement with a property owner in the city to buy a building to construct a facility to grow, process and dispense medical marijuana, Flanagan said. He said the company would release the address of the building once it got local approval to proceed.
There is already one dispensary in the city for medical marijuana. There is room for more, Flanagan said.
"There are many products," he said. "If they carry a product we don't we can refer them to another dispensary. We'll carry products they don't.
"We don't want to overlap. We want to complement each other."
And it is not surprising that several companies are racing toward a start in the medical marijuana field, Flanagan said.
"This is the fastest growing industry in the history of the North American economy," he said. "It would be great if Fall River was a part of that."
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Fall River Eyed For Multiple Medical Marijuana Facilities
Author: Staff
Contact: 508-676-8211
Photo Credit: AFP
Website: The Herald News
