Copperstate Farms Close To Finishing Renovations In Arizona Facility

Phoenix-based cannabis company Copperstate Farms Management announced Wednesday it's close to completing the expansion and renovation of its greenhouse facility in Snowflake, Arizona. 

The company, which is vertically-integrated, broke ground on Snowflake on Jan. 6 and expects to finish renovations in the area by July.

By renovating its 40-acre greenhouse, Cooperstate is expanding its cultivation capabilities and tripling the amount of flower it produces, according to a press release.

“This project is the latest step in our vision to build the largest cannabis greenhouse operation in the U.S. The increase in scale and production capacity will dramatically reduce our indirect fixed costs and make us the most competitive producer in the industry,” said co-founder and managing director Fife Symington. 

“We are very excited to augment our production processes with the latest in greenhouse technologies for managing the environmental stresses we face on a daily basis.  Additionally, this further supports our ability to hire approximately 75 new team members from the local community who will oversee this area of operations,” said CEO Pankaj Talwar.

The company also announced moving to more sustainable production practices by converting its planting process to reusable pots and installing composting equipment for soil and plant material.

Photo by Aphiwat chuangchoem from Pexels.

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisMarketsCopperstate Farms
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...