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TheraCann pulls out of marijuana plant plans in Kingsley

Kingsley Village Manager Dan Hawkins received word Wednesday TheraCann was canceling its plans to build a $20 million medical marijuana plant.

GRAND TRAVERSE COUNTY, Mich. (WPBN/WGTU) -- Kingsley Village Manager Dan Hawkins received word Wednesday TheraCann was canceling its plans to build a $20 million medical marijuana plant.

TheraCann has been working with Kingsley to build the 100,000 square-foot facility in the village's Industrial Park since 2016. Once it was up and running, officials said the plant would have brought nearly 100 new jobs to the village.

Hawkins said he found out from the land owner Wednesday morning and reached out to his contact with TheraCann who confirmed the situation. Hawkins said he was told TheraCann had interest from other communities.

“It was a little bit shocking and a little bit disconcerting wondering why all of sudden, but you deal with it and do the best you can," said Dan Hawkins, Kingsley Village Manager. "They are the investors it’s their call. They are the ones taking the financial risk. But speaking for the Village of Kingsley I cannot see how anything more could have been done for the groundwork to be more crystal clear than it was. The Council practiced very good due diligence. Yes, a year is a long time, but when you have some opposition you want to make sure on behalf of the residents of Kingsley you have your i’s dotted and t’s crossed."

So what is next for Kingsley?

“We are always looking for new investors who want to provide jobs, who will be a complement to our community. We don’t have any that have made a commitment, that we can disclose at this time, but when a door is shut, you go to the next door and knock," said Hawkins.

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