Northwest Cannabis Solutions Satsop facility

Northwest Cannabis Solutions Satsop facility
Northwest Cannabis Solutions facility outlined (red box right of center) on 2013 aerial photograph also showing cooling towers, nuclear reactor containment buildings and steam turbine gallery (below center)
Northwest Cannabis Solutions Satsop facility is located in Washington (state)
Northwest Cannabis Solutions Satsop facility
Former namesEnterprise Warehouse
General information
Coordinates46°57′56″N 123°28′07″W / 46.9655°N 123.4686°W / 46.9655; -123.4686 (Northwest Cannabis Solutions Satsop facility)
Current tenantsNorthwest Cannabis Solutions
Completed1980
Renovated2000 and 2016
ClientCannex Capital/Fuller Hill Development
OwnerPort of Grays Harbor
Dimensions
Other dimensions500 ft × 100 ft (152 m × 30 m)
Technical details
Floor count2
Floor area50,000 sq ft (4,600 m2)

The Northwest Cannabis Solutions Satsop facility is a 50,000-square-foot (4,600 m2) indoor cannabis growing facility at the Satsop Business Park in Satsop, Washington occupied by Northwest Cannabis Solutions, the largest I-502 legal cannabis grower in the State of Washington.[1][2][3][4] The two-story facility was built in 1980 as part of the canceled Satsop Nuclear Power Plant complex built by WPPSS, also called "Whoops!",[5][6] and was leased from the new owner, Port of Grays Harbor by Northwest Cannabis in October 2016.[7] When the company was preparing to move in, in late 2016–early 2017, three new transformers were installed to furnish 9,000 amps for 2,000 grow lights and a robust HVAC plant.[2] Over six million dollars in improvements were made by the lessee, who executed a five-year lease with options to extend 45 more years.[8]

Cannex Capital owns Northwest Cannabis and trades on the Canadian Securities Exchange.[3][4][9] According to Bloomberg News, it has "the highest trailing revenue of any publicly traded U.S. cannabis company" in 2017.[9] Its other subsidiary, Brightleaf Developments, owns property and property leases.[10]

Northwest Cannabis Solutions had over a million dollars a month in sales in 2016[11] and produced 8,500 kilograms (18,700 lb) of wholesale cannabis in 2017.[3][4][9] Processing occurs at the company's other location in Tumwater (46°56′53″N 122°56′35″W / 46.948°N 122.943°W / 46.948; -122.943 (Cannex Tumwater facility)), near the Olympia Airport, employing 150 people in 2017.[11][12] The new facility at Satsop was said to employ 60 to 70 more.[8]

The Elma–Satsop area has had at least one other notable cannabis concern, Green Freedom.[13]

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  2. ^ a b Cite error: The named reference Hammock2 was invoked but never defined (see the help page).
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  6. ^ Alexander, Charles P. (August 8, 1983). "Whoops! A $2 Billion Blunder: Washington Public Power Supply System". Time Magazine.
  7. ^ Cite error: The named reference KXRO was invoked but never defined (see the help page).
  8. ^ a b Cite error: The named reference SSB was invoked but never defined (see the help page).
  9. ^ a b c Cite error: The named reference Skerritt was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference Cannex was invoked but never defined (see the help page).
  11. ^ a b Cite error: The named reference Boone2016 was invoked but never defined (see the help page).
  12. ^ Cite error: The named reference Abney was invoked but never defined (see the help page).
  13. ^ Cite error: The named reference Haerle was invoked but never defined (see the help page).