{"id":23169,"date":"2021-09-30T13:50:04","date_gmt":"2021-09-30T17:50:04","guid":{"rendered":"https:\/\/www.cashcolorcannabis.com\/?p=23169"},"modified":"2021-09-30T13:50:15","modified_gmt":"2021-09-30T17:50:15","slug":"chris-webber-building-50-million-cannabis-operations-campus-in-detroit","status":"publish","type":"post","link":"https:\/\/www.cashcolorcannabis.com\/2021\/09\/30\/chris-webber-building-50-million-cannabis-operations-campus-in-detroit\/","title":{"rendered":"Chris Webber Building $50 Million Cannabis Operations Campus in Detroit"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"580\" height=\"387\" src=\"https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/04\/marijuana-buds-on-cash-cannabis-weed-pot-legal-dea-tax-getty_large.jpg\" alt=\"Chris Webber\" class=\"wp-image-9801\" srcset=\"https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/04\/marijuana-buds-on-cash-cannabis-weed-pot-legal-dea-tax-getty_large.jpg 580w, https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/04\/marijuana-buds-on-cash-cannabis-weed-pot-legal-dea-tax-getty_large-300x200.jpg 300w, https:\/\/www.cashcolorcannabis.com\/wp-content\/uploads\/2018\/04\/marijuana-buds-on-cash-cannabis-weed-pot-legal-dea-tax-getty_large-240x160.jpg 240w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><figcaption>Chris Webber Building $50 Million Cannabis Operations Campus in Detroit (Photo Credit: Motley Fool)<\/figcaption><\/figure><\/div>\n\n\n\n<p>N.B.A Hall of Famer brings a cannabis operations and training facility to his home state! <\/p>\n\n\n\n<p>Per <a href=\"https:\/\/mjbizdaily.com\/50-million-minority-owned-cannabis-facility-breaks-ground-in-detroit\/\">Mj Biz Daily <\/a><\/p>\n\n\n\n<p><em>Players Only, a Black-owned business that Webber co-founded with entrepreneur Lavetta Willis, will focus on cannabis cultivation and retail, brand partnerships and content development<\/em>.<\/p>\n\n\n\n<p><em>Cookies U, part of California-based Cookies\u2019\u00a0<a href=\"https:\/\/www.prnewswire.com\/news-releases\/cookies-and-webberwild-join-forces-to-launch-cookies-u-301295300.html\" target=\"_blank\" rel=\"noreferrer noopener\">social impact program<\/a>,<\/em> <em>will pro<\/em>vide training and job placement services that focus on <em>minorities and underrepresented communities<\/em>, <em>according to the\u00a0<a href=\"https:\/\/www.freep.com\/story\/money\/business\/2021\/09\/28\/chris-webber-cannabis-detroit-wellness-compound\/5896835001\/\" target=\"_blank\" rel=\"noreferrer noopener\">Detroit Free Press<\/a>.<\/em><\/p>\n\n\n\n<p><em>The Detroit marijuana facility marks the first major announcement from Webber and Willis since February, when they and JW Asset Management founder Jason Wild launched a\u00a0<a href=\"https:\/\/mjbizdaily.com\/jw-asset-chris-webber-launch-up-to-100-million-fund-to-aid-marijuana-minority-entrepreneurs\/\" target=\"_blank\" rel=\"noreferrer noopener\">$100 million private equity cannabis fund<\/a>\u00a0to invest in underrepresented cannabis entrepreneurs.<\/em><\/p>\n\n\n\n<p><em>The 180,000-square-foot facility will feature 60,000 square feet of cultivation space, an 8,000-square-foot dispensary and a private cannabis consumption lounge.<\/em><\/p>\n\n\n\n<p><em>Webber announced an exclusive product distribution partnership with Michigan-based Gage Growth, which is in the process of\u00a0<a href=\"https:\/\/mjbizdaily.com\/terrascend-to-buy-michigan-cannabis-operator-gage-in-545-million-deal\/\" target=\"_blank\" rel=\"noreferrer noopener\">being acquired by<\/a>\u00a0New York-based TerrAscend. Wild is TerrAscend\u2019s executive chair.<\/em><\/p>\n\n\n\n<p>\u201cWe will create, foster and provide a cannabis ecosystem t<em>hat celebrates diversity, creates jobs, and benefits this community \u2013 focusing intensely on those who are being left behind,\u201d Webber, a Detroit native, said in a news release.<\/em><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>N.B.A Hall of Famer brings a cannabis operations and training facility to his home state! Per Mj Biz Daily Players Only, a Black-owned business that Webber co-founded with entrepreneur Lavetta Willis, will focus on cannabis cultivation and retail, brand partnerships and content development. Cookies U, part of California-based Cookies\u2019\u00a0social impact program, will provide training and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1015,1965,6],"tags":[5812,5811,2886],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/23169"}],"collection":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/comments?post=23169"}],"version-history":[{"count":1,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/23169\/revisions"}],"predecessor-version":[{"id":23171,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/posts\/23169\/revisions\/23171"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/media\/9801"}],"wp:attachment":[{"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/media?parent=23169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/categories?post=23169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashcolorcannabis.com\/wp-json\/wp\/v2\/tags?post=23169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}