This undated illustration by Bright Green Group of Companies, Inc. depicts Bright Green's $160 million planned construction on the Acoma Indian Reservation, encompassing 5.8 million square feet. The Acoma facility will include a 118-acre fully automated greenhouse, 900,000 square-foot manufacturing warehouse, 96,000 square-foot research building, and a 12-megawatt power generation facility (can power ~2,000 homes).
The Bright Green facility on the Acoma Indian Reservation will grow up to 40 million plants per year, which will result in production volume exceeding 1 billion grams/marketable units annually. The facility will partner with New Mexico State University, the University of New Mexico and the University of Guelph in Canada, as well as the MJ Brown Research Center, a branch of the Bright Green Group specializing in research and development. The goal is to create a gold-standard facility that would be “recognized internationally”. In addition to the Acoma facility, is an existing 1 million sq. ft. high-tech Venlo greenhouse Bright Green owns in Grants, New Mexico, which the company is renovating for growing various herbals for the supplements market.
Contract with world-renowned Dalsem to renovate: https://www.dalsem.com/en
Dalsem video: https://www.youtube.com/watch?v=afs_V8JLUVk
Other parties involved: https://codema.nl/ http://www.vifraitaly.com/ http://logitecplus.com/
Bright Green also owns this 1 million sq. ft. high-tech Venlo greenhouse in Grants, New Mexico. This is "currently being renovated" for growing various herbals for the supplements market. Contract also with Dalsem.
Multiple trademarks filed:
Bright Green Pharmaceuticals is part of Bright Green Group -
"Bright Green Pharmaceuticals, Inc., a Delaware company, which is the Group's pharma, medical and marketing arm, will use the product in its novel, cannabinoid-based prescription and non-prescription pharmaceutical and nutraceutical product lines"
More than 500 gaming facilities owned by Native American Tribes will have the opportunity to distribute the company’s products, including a new line of beverages being developed. Bright Green is carefully designing its business operation and kiosk distribution system to be in full compliance with all Federal, State and Municipal laws.
Acoma Pueblo Gov. Kurt Riley, surrounded by members of Tribal Council and Acoma Business Enterprises, signing a business agreement with Bright Green Group. This marked the "official launch" of the collaborative effort between Acoma Pueblo and Bright Green.
The Acoma are a federally recognized Indian tribe with a sovereign status that allows them to set and enforce their own laws, so they are no longer restricted to state laws and can operate the project under federal laws. Sovereignty protects the tribe from intrusion by the federal government. This has made it possible for tribes to enter into the cannabis industry on their own terms. Tribal sovereignty places the control over civil and criminal law, zoning, and other licensing activities into the hands of the tribe. That means that there is a lot more flexibility regarding cannabis laws within the tribe even if that isn’t the case in New Mexico. Because Acoma Pueblo is a tribe and protected by Tribal Sovereignty, the greenhouse facility it houses can technically surpass state limits if it decided to. However, the company is playing it safe by waiting “until cannabis is federally legal to fully engage with that side” of the medicinal herb market. The Acoma Pueblo added/unique benefit of being a sovereign nation, allows Bright Green Group to not fall under New Mexico's medical marijuana laws in terms of the number of cannabis plants it can grow. Bright Green doesn’t intend to seek a state license, since their operation would be on tribal land and subject only to tribal and federal laws. Under a 25-year agreement with Acoma Pueblo, Bright Green has vowed that whatever plants it grows and the oils it produces would adhere to federal regulations.
An alternate perspective to the overload of hopeful asipirations:
Currently, Bright Green is a private company and therefore they are keeping investors in the dark to any and all of their plans. A few posters on this board have taken pictures of the facility in Grants, New Mexico and it appears to have repairs underway. From the pictures, the size and scope of the current construction does not match the $200 million project they initially had described, nevertheless we can deduce that the plan is still active in some form from the pictures.
Bright Green Group does not have a working website (though they are a private company a $200 million dollar project should have some sort of propaganda out on it. Especially being the "largest" grow operation in the U.S.)
BGG has not updated investors to ANY of the financal aspects of this project, it was supposed to be funded by EB-5 Investment but there has been zero update on this. Judging by the lack of overall progess, something has gone awry. (One of the buildings was initially to be operational by end of 17' beginning of 18')
The entire project has been dark for years now, the only news clipping from 2018 below clearly states that the project will be the "largest Cannabis Grow Operation---IF FEDERAL PROHIBITION IS LIFTED"
The BGG/Acoma project is no longer listed on the Dalsem website. Even through the Dalsem search bar there is no trace of this project on their website.