Ira Singer, principal, Cannabis Facility Construction, Northbrook, IL, with a cannabis cultivation facility in Litchfield, IL
NORTHBROOK, IL—Investors attracted to the legal cannabis industry in the US, which is expected to grow to $50 billion over the next decade, are recognizing the advantages of remodeling unused buildings into medicinal cannabis facilities.
Northbrook, IL-based Cannabis Facility Construction, a division of Mosaic Construction, has taken a fresh look at building full-service medicinal cannabis cultivation facilities, processing centers and dispensaries by remodeling the interior design of unused or abandoned buildings.
“Since the cannabis industry is emerging as a growth market, investors need to appreciate there is an art and a science to converting raw materials of cannabis and finished products,” says CFC principal Ira Singer. “CFC's medicinal processing centers are outfitted to master the product in all its forms and uses, and to meet all state regulations and local fire and safety codes. Its three-stage approach encompasses its design-build expertise for processing facilities; construction management; security infrastructure and planning; and permitting and compliance support.”
The company continues to grow to stay ahead of the emerging cannabis industry with 28 facilities completed and in development, covering more than 328,970 square feet.
With more than 25 years of design-build commercial construction expertise, CFC helps its clients and investors manage the challenges inherent in cannabis facility construction. This includes expertise in remodeling the interior design of existing non-productive buildings into state-of-the-art cannabis facilities that can be brought to life quickly and on-budget so that the facility becomes a new source of jobs and tax revenue for the area.
CFC's ability to guide new investors in the cannabis industry was a draw for Highland Park, IL investors who have retained CFC to help convert an abandoned building in Garden City, MI, into a 48,000 square-foot cultivation, processing, and dispensary facility.
CFC has also remodeled medicinal cannabis dispensaries for Greenhouse, a regional leader in medicinal cannabis, which has opened facilities in Illinois, including Deerfield, Litchfield, Mokena, and Morris.
The quality of CFC construction is recognized by Grassroots Cannabis, a consumer products company with licenses to cultivate, process and dispense medical cannabis in the states of Illinois, Maryland, Ohio, Michigan and Pennsylvania.
CFC is “the perfect hybrid for our company by being an industry leading, national firm with location connections and outstanding personalized supervision on each project,” says Mitch Kahn, CEO and founder of Grassroots. “We appreciate the amazing quality of work and their exceptional client and trade relationships.”
As more investors consider the cannabis industry as a growth market, the need for cannabis cultivation facilities, processing centers and dispensaries is projected to rise to keep pace with demand. With this growth will be the need for quicker, cost effective construction with investors likely to consider the remodeling option.
Correction, 2/22/2019, 12:48 p.m.: Because of incorrect information provided to GlobeSt.com, an earlier version of this story described a building in Garden City, MI as having been condemned. The building was abandoned but not condemned, according to Barry Sigale, public relations representative for CFC.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
