Northwest Cannabis Solutions Satsop facility
| Northwest Cannabis Solutions Satsop facility | |
|---|---|
 Northwest Cannabis Solutions facility outlined (red box right of center) on 2013 aerial photograph also showing cooling towers, nuclear reactor containment buildings and steam turbine gallery (below center) | |
  | |
| Former names | Enterprise Warehouse |
| General information | |
| Coordinates | 46°57′56″N 123°28′07″W / 46.9655°N 123.4686°W |
| Current tenants | Northwest Cannabis Solutions |
| Completed | 1980 |
| Renovated | 2000 and 2016 |
| Client | Cannex Capital/Fuller Hill Development |
| Owner | Port of Grays Harbor |
| Dimensions | |
| Other dimensions | 500 ft × 100 ft (152 m × 30 m) |
| Technical details | |
| Floor count | 2 |
| Floor area | 50,000 sq ft (4,600 m2) |
The Northwest Cannabis Solutions Satsop facility is a 50,000-square-foot (4,600 m2) indoor cannabis growing facility at the Satsop Business Park in Satsop, Washington occupied by Northwest Cannabis Solutions, the largest I-502 legal cannabis grower in the State of Washington.[1][2][3][4] The two-story facility was built in 1980 as part of the canceled Satsop Nuclear Power Plant complex built by WPPSS, also called "Whoops!",[5][6] and was leased from the new owner, Port of Grays Harbor by Northwest Cannabis in October 2016.[7] When the company was preparing to move in, in late 2016–early 2017, three new transformers were installed to furnish 9,000 amps for 2,000 grow lights and a robust HVAC plant.[2] Over six million dollars in improvements were made by the lessee, who executed a five-year lease with options to extend 45 more years.[8]
Cannex Capital owns Northwest Cannabis and trades on the Canadian Securities Exchange.[3][4][9] According to Bloomberg News, it has "the highest trailing revenue of any publicly traded U.S. cannabis company" in 2017.[9] Its other subsidiary, Brightleaf Developments, owns property and property leases.[10]
Northwest Cannabis Solutions had over a million dollars a month in sales in 2016[11] and produced 8,500 kilograms (18,700 lb) of wholesale cannabis in 2017.[3][4][9] Processing occurs at the company's other location in Tumwater (46°56′53″N 122°56′35″W / 46.948°N 122.943°W), near the Olympia Airport, employing 150 people in 2017.[11][12] The new facility at Satsop was said to employ 60 to 70 more.[8]
The Elma–Satsop area has had at least one other notable cannabis concern, Green Freedom.[13]
References
[edit]- ^ Dan Hammock (March 10, 2017), "Under the towers: Satsop Business Park tenants offer wide range of products", The Daily World, Aberdeen
- ^ a b Dan Hammock (January 11, 2017), "Construction at cannabis growing facility proceeding quickly", The Daily World, Aberdeen
- ^ a b c Cannex Capital Holdings CEO Anthony Dutton on Being the #1 Cannabis Producer in Washington State, James West Midas Letter, April 11, 2018
- ^ a b c Joseph Brabo (March 19, 2018), "Northwest Cannabis Solutions is Washington's biggest cannabis producer/processor & just started trading on the Canadian Securities Exchange", Respect My Region, Ellensburg, Washington
- ^ Enterprise Office Complex, Port of Grays Harbor, accessed April 15, 2015
- ^ Alexander, Charles P. (August 8, 1983). "Whoops! A $2 Billion Blunder: Washington Public Power Supply System". Time Magazine.
- ^ Marijuana Production Approved At Satsop Business Park, Aberdeen: KXRO News, October 4, 2016
- ^ a b "Cannabis production comes to Satsop", South Sound Business, Premier Media Group
- ^ a b c Jen Skerritt (March 14, 2018), U.S. Pot Producer Cannex Joins Marijuana Rush to List in Toronto, Bloomberg News
- ^ Our assets: Brightleaf Developments, Cannex Capital
- ^ a b Rolf Boone (April 16, 2016), "Tumwater, once known for beer, is now home to marijuana growers, processors", The Olympian
- ^ Wes Abney (April 1, 2017), "Inside NWCS", The Northwest Leaf
- ^ David Haerle (July 31, 2015), Justin Wildhaber — A Business Mind in a 'Budding' Industry, Centralia, Washington: The Daily World – via The Chronicle