GTI Massachusetts NP Corp., has filed an application to bring Holyoke, Massachusetts its first medical cannabis dispensary, according to a report from MassLive. The plan would see the facility opened on the second floor of a building in a general industry zoning district, of which the first floor is currently occupied by an electronics company.
According to a letter from attorney John J. Ferriter on behalf of GTI Massachusetts, the facility would provide 25 to 30 full-time jobs with benefits, and tax revenues in its first year of operation.
“Why we chose Holyoke? Easy answers. Great access to a quality labor force. Close to our other dispensary location in Amherst,” Kadens said in the report. “Lots of quality and affordable industrial space. A supportive mayor.”
GTI’s Amherst dispensary is not yet open; however the report indicates that it is expected to start operating sometime this year.
According to the paperwork filed by Ferriter on behalf of GTI Massachusetts, the proposal furthers the purpose of Holyoke’s Urban Renewal Plan, as the 43,000 square foot location is “currently vacant and underutilized.”
“Such a development will both provide increased tax revenue to the city and municipal fees to city departments, as well as a conscientious and attentive community partner,” Ferriter wrote in the letter.
Holyoke Mayor Alex Morse has expressed strong support for his city hosting the legal cannabis industry and is encouraging potential growers to consider setting up shop in the city’s vacant textile mills which take up more than 1.5 million square feet of space.
Get daily news insights in your inbox. Subscribe