Medical marijuana company purchases second warehouse in Ocala for $3.2 million

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The company’s warehouse is its first as it looks for more space to grow and harvest medicinal marijuana. The business has grown from a nearly $200,000 investment in 2016 into an estimated $6 million cannabis facility. Expert says the Ocala location will save on production costs because of the climate and humidity.,

The “Medical marijuana company purchases second warehouse in Ocala for $3.2 million” is a new development that has taken place recently. The medical marijuana company is purchasing a second warehouse in Ocala, Florida. This will allow the company to grow and process more cannabis at one time.

Medical marijuana company purchases second warehouse in Ocala for $3.2 million

According to property records, Green Ops Group, a medicinal marijuana firm, has bought a second distribution warehouse in Ocala. 

The unoccupied building at 500 NW 27th Ave. in northwest Ocala, just south of US 27 was purchased for $3.2 million. On Oct. 29, the property was acquired from Kimber Randi Brady, LLC, according to the deed. 

According to municipal permit documents, Green Ops Group, located in Columbus, Ohio, is already refurbishing two other properties in Ocala. The firm is investing $3 million to remodel a 60,000-square-foot warehouse in south Ocala at 720 SW 17th Place into a medicinal marijuana greenhouse. 

 

Green Ops Ocala has purchased the warehouse at 500 NW 27th Ave. for $3.2 million. It was previously operated by beverage distributor Cone Distributing and later ZT Polygel, which manufactured ingredients for hand sanitizer. The medical marijuana company is also renovating a warehouse on Southwest 17th Place and a storefront on North Pine Avenue.

 

The other is a shop at 2301 N. Pine Ave. in north Ocala, close to Dunkin’, that the business expects to remodel for $150,000, according to documents. 

At this time, a spokesperson for Green Ops Group’s parent business, Boich Companies, stated the firm had no comment on the new acquisition.

The new acquisition consists of two pieces of property totalling 7.4 acres, the majority of which is zoned warehouse distribution. Vacant industrial land covers little about half an acre. 

Wholesale distribution, warehouse storage, an indoor greenhouse, or a hemp facility would all be permitted on the land, which is classified for M-1 light industrial use.

A chain and padlock secures the gate at the old Cone Distributing building on Tuesday. Green Ops Ocala has purchased the warehouse at 500 NW 27th Ave. for $3.2 million.

 

Before relocating to its present home on Northwest 44th Avenue, beverage wholesaler Cone Distributing owned the property. 

ZT Polygel LLC, which produces algae-based components for use in hand sanitizer, said less than a year ago that it will lease the property.

The property and structure were valued at little under $1.9 million this year, according to the Marion County Property Appraiser’s website. The structure, which was constructed in 1973, has a total area of nearly 56,000 square feet. 

Green Ops Group would not be the only cannabis distributor or store in the region, since Florida legalized medical marijuana in 2016. 

Green Thumb Industries, Inc. is also renovating the Mark III manufacturing plant facilities in Ocala for a $20 million medical marijuana distribution hub. 

Around 100 jobs are expected to be created, and marijuana will be sent to 35 of the company’s shops in Florida. The plant is situated in northwest Ocala, along the 5400 block of Northwest 44th Avenue, west of Interstate 75. 

Green Ops Ocala has purchased the warehouse at 500 NW 27th Ave. for $3.2 million. It was previously operated by beverage distributor Cone Distributing and later ZT Polygel, which manufactured ingredients for hand sanitizer. The medical marijuana company is also renovating a warehouse on Southwest 17th Place and a storefront on North Pine Avenue.

 

Trulieve Cannabis Corp., Curaleaf, GrowHealthy, Surterra Wellness, and Sunnyside Medical Cannabis Dispensary are among the nearby dispensaries. Medical marijuana is only available with a doctor’s prescription. 

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