To Keep Pace With Legal Cannabis Industry, Unused Buildings Are Being Remodeled For Cannabis Facilities
Feb 19, 2019, 08:45 ET
NORTHBROOK, Ill., Feb. 19, 2019 /PRNewswire/ -- Investors attracted to the legal cannabis industry in the U.S., which is expected to grow to $50 billion over the next decade, are recognizing the advantages of remodeling unused buildings into medicinal cannabis facilities.
Northbrook, Illinois' Cannabis Facility Construction (CFC) (https://cannabisfacility.net/), a division of Mosaic Construction, has taken a fresh look at building full-service medicinal cannabis cultivation facilities, processing centers and dispensaries by remodeling the interior design of unused or abandoned buildings.
The company continues to grow to stay ahead of the emerging cannabis industry with 28 facilities completed and in development, covering more than 328,970 square feet.
With over 25 years of Design-Build commercial construction expertise, CFC helps its clients and investors manage the challenges inherent in cannabis facility construction. This includes expertise in remodeling the interior design of existing non-productive buildings into state-of-the-art cannabis facilities that can be brought to life quickly and on-budget so that the facility becomes a new source of jobs and tax revenue for the area.
"Since the cannabis industry is emerging as a growth market, investors need to appreciate there is an art and a science to converting raw materials of cannabis and finished products. CFC's medicinal processing centers are outfitted to master the product in all its forms and uses, and to meet all state regulations and local fire and safety codes. Its three-stage approach encompasses its Design-Build expertise for processing facilities; construction management; security infrastructure and planning; and permitting and compliance support," according to CFC principal, Ira Singer.
CFC's ability to guide new investors in the cannabis industry was a draw for Highland Park, Illinois investors who have retained CFC to help convert an abandoned building in Garden City, Michigan into a 48,000 square foot cultivation, processing, and dispensary facility.
CFC has also remodeled medicinal cannabis dispensaries for Greenhouse, a regional leader in medicinal cannabis, which has opened facilities in Illinois, including Deerfield, Litchfield, Mokena, and Morris.
The quality of CFC construction is recognized by Grassroots Cannabis, a consumer products company with licenses to cultivate, process and dispense medical cannabis in the States of Illinois, Maryland, Ohio, Michigan and Pennsylvania.
Mitch Kahn, CEO and Founder of Grassroots, recognized CFC as "the perfect hybrid for our company by being an industry leading, national firm with location connections and outstanding personalized supervision on each project. We appreciate the amazing quality of work and their exceptional client and trade relationships."
As more investors consider the cannabis industry as a growth market, the need for cannabis cultivation facilities, processing centers and dispensaries is projected to rise to keep pace with demand. With this growth will be the need for quicker, cost effective construction with investors likely to consider the remodeling option.
For more information, contact Cannabis Facility Construction at 847.504.0177 or visit the website at www.cannabisfacility.net.
Media Contact:
David Brimm
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SOURCE Cannabis Facility Construction