Money & Key

Commercial Cannabis Facility to Employ 40 in Adelanto

As stated in an article in the Victorville Daily Press, October 17, 2017, city officials recently welcomed a commercial cannabis cultivation and manufacturing facility expected to generate up to $250,000 each year in taxes and employ 40 employees once it’s fully operational. Goldentree Company Technology Corporation is behind this venture. The four-building, 50,000-square-foot facility at 10431 Yucca Road is currently under construction, with the foundations and framing complete. It’s expected to be operational as early as February, according to Franz Chan, the founder and chairman of Goldentree. The company’s planned operations include “cultivation, manufacturing including extraction for oils, and a kitchen that can produce edibles,” Chan said. The output will become product for Goldentree’s 10 dispensaries in the metropolitan Los Angeles area.

Translate »