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Assisted California real estate company with purchasing land for cannabis facility

A team of Hodgson Russ attorneys assisted a California-based real estate company and its cannabis subsidiary with contract negotiations related to the purchase of more than 70 acres of Western New York State-based land to use as a future cannabis growing, processing and manufacturing facility. Operations on the site include cultivation, production, and research activities, product development, an incubator space devoted to entrepreneurs, and a vocational job training center. With Hodgson Russ’s assistance, the venture formed partnerships with a major health care institution for cannabis-related cancer treatment research, a higher education institution for workforce development services and the creation of a cannabis-focused curriculum.