By Jason Subik | May 2, 2021
Many in the village and throughout Montgomery County are hoping the proposed E29 Labs cannabis cultivation and manufacturing company project will be the job-creating catalyst needed to move forward and restore the customer base of so many of the village’s downtown businesses.
On Tuesday the Montgomery County Legislature approved a five-year purchase option agreement with 102 Church Street LLC, the real estate holding company for E29 Labs, a business that has proposed building a $15 million to $30 million cannabis cultivation operation on the eastern portion of the old Beech-Nut property.
E29 Labs is owned by Town of Canajoharie hemp farmers Sheldon and Shelley Roberts and cannabis-business veteran Michael Dundas. The company is now pursuing a license from New York state to cultivate cannabis plants and manufacture recreational marijuana products.