- Associated Press - Monday, June 15, 2015

FERNDALE, Wash. (AP) - A Vancouver, British Columbia, company is planning to lease space in a Ferndale business center to licensed marijuana growers and processers.

The Bellingham Herald reports (https://bit.ly/1La0Gc2 ) that Chlormet Technologies bought the 9.7-acre parcel in Ferndale through its Washington state subsidiary PacCan Industries. The seller was Excelsior Mortgage Equity Fund of Lake Oswego, Ore.

Company officials say they are entering the medical marijuana sector by buying a 100 percent interest in AAA Heidelberg, a private Ontario company that was in the process of applying for a license in Canada to grow medical marijuana.

Ferndale Community Development Director Jori Burnett says zoning allows for recreational marijuana growers and processors in that center. No application has yet been filed with the city.

Chlormet also owns VapeTronix, a Canadian vaporizer and electronic cigarette company.

___

Information from: The Bellingham Herald, https://www.bellinghamherald.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide