The investment firm Doyen Elements has purchased an abandoned 104,000 sq. ft. Pepsi factory in Pueblo, Colorado, and will be converting it into a massive marijuana cultivation facility. It is estimated that the facility will produce upwards of 70,000 pounds of marijuana annually.
The unemployment rate in Pueblo is 7.2 percent and is one of the highest in the state, according to Business Insider. The cultivation facility will help to generate about 160 jobs for the city.
The legal marijuana industry has brought over 1,300 jobs to Pueblo County since 2014. Most of which are because of large marijuana cultivation facilities.
Robots will help the production in terms of uprooting clones for relocation to proper sections of the facility.
Geoff Thompson, CEO of Doyen Elements, said, “We like to say we can do everything for [legal cannabis operators] other than me physically going in there and trimming plants.”
Locals are supportive as the investment firm has received 100-percent support from every door it’s knocked on. Thompson said, “They asked when they’re going to have jobs there.”
Photo: Doyen Elements