Lab Properties Welcomes Emerald Grown into Family of Tenants at the Searls Cannabis Campus

NEVADA CITY, Calif., June 25, 2019 /PRNewswire-PRWeb/ -- Lab Properties (https://www.labproperties.com/) is excited to welcome Emerald Grown into its family of tenants at its Searls Cannabis Campus in Nevada City.

Lab Properties' multi-tenant campus in the heart of Nevada City will put Nevada County heritage cannabis businesses on the map while becoming an important change agent for the community at large. The vision is for a vibrant, multi-tenant ecosystem that will transform the 4-acre parcel into a state-of-the-art facility that will empower the local cannabis industry to transition into the regulated marketplace.

The Searls Campus — is on a path to becoming a vibrant commercial property, which is already home to several innovative cannabis companies in a cutting-edge setting tailored to the industry's unique needs.

Emerald Grown is a federation of cannabis cooperative associations standing together in solidarity to preserve quality, craft cannabis production. Emerald Grown will begin operating locally in Nevada County with Grass Valley Growers, a local cooperative of farms.

Hezekiah Allen who serves as the Chairperson and CEO of Emerald Grown said the group specializes in small-batch, hand-crafted cannabis products, grown with care and intention by heritage farmers statewide. The goal of creating a network of farm cooperatives is to help cannabis farms come into compliance with regulation, work with business partners across the state, and pool resources to ensure that California remains a global leader in the cannabis industry through standards, certification, traceability, cooperative marketing and brand development.

"A lot of the time the coastal counties get a lot of the credit but we know the foothills produce great quality cannabis," Allen said. "That's a really important bottom line, the legacy of Nevada County and the Gold Country region, those are shared assets and we want to make sure that all growers in the community have an easy pathway to use those assets.

Allen said the 4500-square-foot facility will focus on "stage 1" processing of cannabis and cannabis goods: Drying, curing and trimming. Allen added the facility will also grow into packaging flower into pre-rolls, sort product for extraction and leverage the power of bulk for distribution pricing.

Emerald Grown is working with more than 100 farmers statewide. He said the goal is to reach 300 farms by 2023. Allen said the network of farmers include farms as small as 1300 square feet of canopy to larger heritage farms, though all are less than 10,000 square feet in canopy.

As executive director of CGA, Allen was at the forefront of cannabis lobbying in Sacramento, until he resigned in 2018 to spearhead this new effort to promote cannabis cultivation cooperatives.

"The original vision for the campus was to empower heritage and craft cannabis entrepreneurs to operate responsibly in a setting that allowed them to be innovative and collaborate with each other," said Daniel Shkolnik, CEO and Co-founder of Lab Properties. "The Emerald Grown team and Grass Valley Growers are the perfect example of that."

"Lab Properties is proud to see the different businesses --retailers, manufacturers, processors -- coming together and seeing this vision through. I want to congratulate Emerald Grown on becoming part of the Lab Properties community of tenants. We truly believe their business model is going to be a great addition to the cannabis community in Nevada County."

ABOUT LAB PROPERTIES, LLC

Lab Properties, LLC is a value-add real estate investment platform focused on repositioning commercial and industrial properties located in cannabis-approved zones. Lab Properties is singularly focused on meeting the real estate needs of the newly legal cannabis industry. For more information, visit http://www.labproperties.com.

SOURCE Lab Properties