Foss: Cannabis plan good for Canajoharie | The Daily Gazette
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Several years ago, I drove out to Canajoharie to hear residents share their vision for the crumbling Beech-Nut factory site off Exit 29 of the New York State Thruway.
Since 2010, when Beech-Nut shifted its operations to the nearby town of Florida, the once-bustling buildings have steadily deteriorated, and the place is now a major eyesore.
At the brainstorming session I attended, residents understood that redeveloping the site would be a major challenge, but also expressed hope for its future. Outlet shopping and condos, restaurants and manufacturing these were among the ideas proposed for the sprawling property.
Apr 21, 2021
FONDA The dormant former home of Beech-Nut Foods in Canajoharie, will soon take an important step closer to again becoming an economic engine for the region as the result of an exclusive option agreement between Montgomery County and E29 Labs. E29 Labs is a team of experienced commercial cannabis production professionals that are poised to capitalize on the state’s recent legalization of the industry.
At Tuesday’s meeting of the County Legislature’s Economic Development and Planning Committee, the Legislature advanced a funded exclusive development option agreement, which would convert to a purchase-and-sale agreement, pending the completion of a12-month due diligence period by E29 Labs.
Former Canajoharie BeechNut plant could be transformed into marijuana site The Beech-Nut factory is seen in Canajoharie, N.Y., Tuesday, March 24, 2009. After 118 years, Beech-Nut is planning to move to a state-of-the-art factory about 20 miles east. | Photo: AP Photo / Mike Groll. Created: April 21, 2021 02:26 PM
CANAJOHARIE - The former Beechnut factory in Canajoharie could soon be re-developed into a production site for legal marijuana.
The Montgomery County Legislature s Economic Development and Planning Committee advanced a development option agreement Tuesday night. It could convert to a purchase and sale agreement for E-29 labs within a year.
E-29 is hoping to capitalize on New York’s recent legalization. The project could generate tax revenue and create jobs.
Cannabis business interested in Canajoharie site dailygazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailygazette.com Daily Mail and Mail on Sunday newspapers.
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