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Re: mux investor post# 268810

Saturday, 10/06/2018 1:18:47 AM

Saturday, October 06, 2018 1:18:47 AM

Post# of 290030
I have properties near here...this hints Atlantic City will be recreational.


EGG HARBOR CITY — A local boat-maker is looking to get into the marijuana business.

City Council last week approved a resolution authorizing the preparation of a redevelopment plan for the Egg Harbor City Boat Co. building at Philadelphia Ave. and Duerer Street.

Council voted 7-1 to approve the resolution, with Councilwoman Carol Kienzle casting the lone negative vote.

The 50,000-square-foot building would be renovated and retrofitted to create a grow facility for the cultivation and processing of medical marijuana, as well as recreational marijuana if the state legalizes it for recreational use, according to city officials and boat company owner Dr. Ira Trocki.

800 turn out for NJ medical marijuana application conference
800 turn out for NJ medical marijuana application conference
TRENTON — Hundreds of applicants are seeking to secure one of six opportunities to get a pie…
Trocki said the boatbuilding and marijuana operations would share the facility at first, but if the marijuana operation proves successful, he would move the boat operations. A formal redevelopment plan would facilitate approvals for dual use of the site, according to city Planner Tim Michel.

Trocki said the marijuana business would operate under the name Relevant 1 LLC with the majority owner being Dr. Jon Regis, president and CEO of Reliance Medical Group, in which Trocki is a partner. He said they would cultivate and process the product in Egg Harbor City and open a dispensary in Atlantic City, where Mayor Frank Gilliam has expressed an interest in exploring marijuana as an economic driver.

“We planned to open these facilities in communities with a large minority population in order to provide employment opportunities for those in need of jobs,” Trocki said. “We feel this will be a win-win for the community.”