By Joshua Burd
A new cannabis cultivation facility is coming to Atlantic County as part of a recent lease arranged by Chilmark Real Estate Services LLC.
Brokers with the firm represented the operator, High Grass Farms LLC, in the 10-year, 48,000-square-foot commitment at 345 East Weymouth Road in Buena. The cultivator is leasing the space under a deal with Eli Realty LLC and will open the facility after reportedly securing state and local approvals earlier this year.
Chilmark partners Michael Marchese, Ed Flanagan and Mike Witko spearheaded the transaction. According to its website, High Grass Farms LLC is a privately held woman-owned business based in southern New Jersey that seeks to better serve consumers that buy regulated cannabis as a form of medication.
The company is also planning a 22,000-square-foot manufacturing center in Egg Harbor City, the website said. Its leadership team, meantime, has a mix of strong health care backgrounds combined with longstanding direct experience with cannabis cultivation.