By Jason Subik | April 27, 2021
The Montgomery County Legislature voted 8-1 Tuesday night to approve a five-year purchase option agreement with 102 Church Street LLC of Rockland County, a real estate holding company for E29 Labs, to sell the 19.6 acre East side parcel of the former Beech-Nut baby food plant for $550,000.
E29 Labs has proposed building a $15 million to $30 million cannabis cultivation and manufacturing company at the location.
Montgomery County Executive Matt Ossenfort said E29 Labs is owned by its company president Sheldon Roberts, its chief executive officer Shelley Roberts and cannabis-business veteran Michael Dundas, the founder of cannabis company Sira Naturals in Massachusetts, which he sold in 2019.
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