x
Breaking News
More () »

Batavia hemp processor uses $1M investment for head start on cannabis license

Batavia company, Empire Hemp Co., recently secured $1 million in private investment.
Credit: AP
Rich Morris of Toadflax Nursery plants marijuana seedlings for the adult recreational market at Homestead Farms and Ranch in Clifton Park, N.Y., Friday, June 3, 2022. In a novel move, New York gave 203 hemp growers first shot at cultivating marijuana destined for legal sales, which could start by the end of the year. Big indoor growers are expected to join later. (AP Photo/Seth Wenig)

BATAVIA, N.Y. — Starting a business in an industry that doesn’t have a sales market yet feels a lot like putting the cart before the horse.

So does investing in a 40,000-square-foot cannabis manufacturing facility before securing a processing license from the state.

That’s still the plan for a Batavia company, Empire Hemp Co., which recently secured $1 million in private investment.

Read the full story from our partners at Buffalo Business First.

Before You Leave, Check This Out