By Joshua Thomas | April 20, 2021
CANAJOHARIE — Part of the Exit 29 site may grow into an adult-use cannabis cultivation and manufacturing facility.
During the meeting Tuesday of the Montgomery County Legislature’s Economic Development and Planning Committee, officials advanced a funded exclusive development option agreement with E29 Labs for 19.6 acres — the cleared eastern portion — of the Exit 29 site. The legislature is expected to vote on the agreement at its next meeting.
The agreement made Tuesday will convert to a purchase-and-sale agreement pending the completion of a 12-month due diligence period by E29 Labs.
