While California and Florida are currently experiencing gold rush status in the U.S. cannabis industry, companies are still steadily expanding in other states where legalization has arrived — such as Massachusetts.
TILT Holdings Inc. (CSE: TILT; OTCQB: SVVTF) made additional inroads into Massachusetts operations this week through an indirect wholly-owned subsidiary.
After opening sales to medical patients in the area, Commonwealth Alternative Care was just granted a special permit from the city council of Taunton to expand and operate a cultivation facility in a majority 8 – 1 vote.
Alex Coleman, CEO of Tilt, had this to say about the city council vote:
The newly granted special permit allows Commonwealth Alternative Care to operate an additional 19,000 sq. ft. of manufacturing space, which will supplement TILT operations in the city.
Part of that expansion will take place in a building that has been empty since June of 2018 and was previously occupied by recycling company WeCare Organics.
That new expansion will be positioned directly next to TILT’s existing 98,000 sq. ft. cultivation facility in Taunton. The additional space will be utilized for producing infused cannabis products, as well as implementing automated packaging equipment.
A hearing has been scheduled for the end of the month where Commonwealth Alternative Care will make a case to city council for opening an additional recreational retail store nearby.
While TILT operates an existing cultivation and dispensary facility to supply cannabis locally to consumers in Taunton, the main focus of the company’s operations is on providing products and services to other cannabis businesses, such as packaging or software solutions for web sales.
Most recently, TILT teamed up with Blackbird Holdings Corp to expand the company’s web portal for increased pickup and delivery options in California. Announced earlier this week, that completed deal is seeing Blackbird broaden operations from supplying dispensaries to providing products directly to cannabis consumers.
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