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Investing In Cannabis: Achieving Full Scale Production With Morenci Cannabis Park

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Investing In Cannabis: Achieving Full Scale Production With Morenci Cannabis Park

On April 24, 2020, Benzinga will be hosting its first-ever Virtual Deal Room. This event, set to take place on Friday, will pair 2-5 cannabis companies with investors looking to place capital now. Among the presenting companies is Morenci Cannabis Park, a cannabis cultivation facility in Morenci, MI.

About Morenci Cannabis Park

Morenci Cannabis Park consists of three adjacent lots that are zoned in the commercial cannabis district of Morenci. In what is just the beginning of a bigger operation, the initial building of the park has been in full operation as of the fourth quarter of 2019. The company has already begun the fundraising and development of additional lots, with the next phase including a 65,000-square-foot, two-story cultivation and processing facility.

Morenci In The Deal Room

Ryan Hansinger, Chief Operations Officer of Morenci Brothers and the Morenci Cannabis Park, will be speaking at The Deal Room. Hansinger will be presenting the opportunity to invest in the fully-operational Morenci Cannabis Park. The company produces and sells quality product throughout the state of Michigan, and is looking to accelerate the timeline to full-scale production.

As the Cannabis Market in Michigan continues to grow, the MRA (Marijuana Regulatory Agency) has presented its goal to learn from other markets that are further along in their development.

“Morenci Brothers is looking to accelerate its path to completing the 8.5 acre Morenci Cannabis Park in lock-step with the growth and transition throughout the state,” said Hansinger. “Specifically, the MRA’s decision to systematically move the market to product produced only from licensed facilities by August 30th presents us with an opportunity and responsibility to move our process forward to aid the market in meeting the needs of the patients and recreational customers.”

To learn more about the opportunity to invest in Morenci Cannabis Park, along with a few other Cannabis companies, sign up for the Benzinga Virtual Deal Room by clicking here.

Photo by Matteo Paganelli on Unsplash

 

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