Hydroponics company predicts weed growth in NY
Irina Ivanova
One company is betting that full marijuana legalization for New York is just around the corner.
TerraTech Corp., which specialized in hydroponic plant cultivation, has established a division to explore marijuana cultivation in the northeast.
The team will be headed by marijuana legalization advocate Evan Nison, who is executive director of NORML New Jersey and co-founder of the New York Cannabis Alliance. It will be part of Terra Techs subsidiary, GrowOp Technology, which sells equipment for hydroponic greenhouses. A second Terra Tech subsidiary, Edible Garden, trades in culinary herbs, like the living basil often sold in supermarkets. Last year, Edible Garden built a five-acre hydroponic greenhouse in Belvidere, N.J.
"The plan is that once cannabis is legal, well be able to take advantage of those greenhouses," said Mr. Nison.
GrowOp is also examining sites around New York City and upstate, said Mr. Nison. He expects medical marijuana to become legal this year or next.
http://www.crainsnewyork.com/article/20140307/HEALTH_CARE/140309910/hydroponics-company-predicts-weed-growth-in-ny