Jacob Redmond
Well-Known Member
The owner of a business park in Washington County is developing a new concept for the 12-acre space after losing a bid for a license to grow and distribute medical marijuana.
Ted Berndt, owner of Washington County Agri-Business Park in Cambridge, about 36 miles north of Albany, found out in July that his application was not one of five selected for a medical marijuana license.
"We have to move on," Berndt said. "As soon as we found out we didn't win, we needed to start focusing on other things."
Berndt's new vision for the office park is to rebrand the site as Battenkill Valley Farms. The project would include space for retail locations for up to 12 craft beverage producers and a farmers market to draw visitors.
The proposal builds on the growing number of farm breweries and other craft beverage producers in the state.
The project would cost close to $500,000, he said. Berndt, who has been talking with craft beverage producers, but does not have any firm commitments, said his next steps are to pursue funding and secure letters of intent from beverage producers.
Berndt has owned the park for a little over two years. Currently, it houses a fulfillment company and a landscaping company. Other space is used for car, boat and RV storage.
News Moderator: Jacob Redmond 420 MAGAZINE ®
Full Article: County Business Park Owner Pivots After Plan For Medical Marijuana License
Author: Megan Rogers
Contact: Contact Page
Photo Credit: Donna Abbott-Vlahos
Website: Biz Journals
Ted Berndt, owner of Washington County Agri-Business Park in Cambridge, about 36 miles north of Albany, found out in July that his application was not one of five selected for a medical marijuana license.
"We have to move on," Berndt said. "As soon as we found out we didn't win, we needed to start focusing on other things."
Berndt's new vision for the office park is to rebrand the site as Battenkill Valley Farms. The project would include space for retail locations for up to 12 craft beverage producers and a farmers market to draw visitors.
The proposal builds on the growing number of farm breweries and other craft beverage producers in the state.
The project would cost close to $500,000, he said. Berndt, who has been talking with craft beverage producers, but does not have any firm commitments, said his next steps are to pursue funding and secure letters of intent from beverage producers.
Berndt has owned the park for a little over two years. Currently, it houses a fulfillment company and a landscaping company. Other space is used for car, boat and RV storage.
News Moderator: Jacob Redmond 420 MAGAZINE ®
Full Article: County Business Park Owner Pivots After Plan For Medical Marijuana License
Author: Megan Rogers
Contact: Contact Page
Photo Credit: Donna Abbott-Vlahos
Website: Biz Journals