principal chief of Eastern Band of Cherokee Indians It ultimately refused to spend $64 million to open the tribe’s long-awaited medical cannabis dispensary in western North Carolina.
of facebook message Richard Snead told tribe members on Friday that he vetoed the tribal council’s approval of the final $64 million for the project, as the original proposal said the entire project would be completed at $50 million. said to have exercised
Snead attached a copy of a letter to Tribal Council Chairman Richard French informing him of his veto and the reasons for it.
“The project originally cost $50 million for outdoor grow, indoor grow, and indoor clinics, but is now said to be $95 million. It has been spent to date,” Snead said. I am writing.
Snead told the French that he “fully supports cannabis, both for medical and adult use.” He is also “encouraged and inspired” by tribal workers at Tribal Coopers’ growing business in his creek. quora boundary At Cherokee, he added.
The business is operated by Qualla Enterprises LLC, the tribe’s for-profit medical cannabis division.
But Sneed told French: Current projected costs are almost 100% over budget compared to his original RFP projected costs. RFP stands for “request for proposal”.
It wasn’t immediately clear on Saturday how Snead’s veto would affect the opening of clinics near the southern U.S. 19 Harrah’s Cherokee Casino Resort.
Qualla Enterprises general manager Forrest Parker will make a statement to The Charlotte Observer on Saturday afternoon, said Kara Howard, executive assistant at Qualla Enterprises.
During an exclusive behind-the-scenes tour of the growing business in late March, Parker told The Observer that the giant clinic will open “with limited capacity” in late summer or fall. He said he expects to
The Cherokee Nation is converting an old, massive bingo hall into North Carolina’s first medical clinic. the only place It’s a three-hour drive from Charlotte, where weed is legally sold.
The Cherokee Nation’s 57,000-acre territory is a sovereign state outside of North Carolina’s marijuana ban.
The EBCI Tribal Council first voted about two years ago to legalize, grow and sell marijuana for controlled use on Cherokee land.
On April 6, the board approved loan backing It invested about $64 million to complete the medical marijuana project, bringing EBCI’s total investment to about $95 million, observers previously reported. The tribe’s income outside of the game will fund the investment, Parker said.
“We just want to raise money because we’re short on capital,” Parker told the council before the 6-3 vote in favor of the loan.
By 2022, North Carolina will be the second-highest illicit cannabis market in the U.S., behind Texas, at $3.2 billion, according to Parker.
“For some of these people, and many others, having the opportunity to purchase tested, regulated and safe medical cannabis is a thing of the past,” Parker said.
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