Rochester-based cannabis processor is among first to get approval from NY State
ROCHESTER, N.Y. — Nowave, a Rochester-based cannabis processor, is among the first 15 processors to receive their license to make and sell marijuana products in New York State.
The state’s Cannabis Control Board announced the approvals on Monday. It’s a key part of the supply chain for opening New York’s adult-use cannabis market.
Tuesday, News10NBC’s Raven Brown spoke with Nowave.
Nowaves brand new processing facility is still under construction but once built, will help bring millions of dollars to the state and is a key part in the growing cannabis industry.
Processors will take the plants grown by New York farmers and turn it into consumer products. The products will then be sold at the state’s first retail dispensaries.
Nowave is a licensed hemp processor in New York State. They were granted a divisional license to process cannabis on Monday.
They will be partnering with local licensed farmers to be able to take bio mass-extract THC from it and create edibles, cartridges, and all sorts of products that will be seen in dispensaries across the state.
“We’re excited to be on the ground floor in NY and really compete on a national scale we want to show what New York State can do, what we can do on our side vs largely in the past I think the market has been looked towards California and we’re excited to get this started in New York and show what we can provide,” said Ken Gregorym Vice President of Operations, Nowave.
Nowave said that, with the approval, their business could bring as many as 120 manufacturing jobs to their new facility, which is currently under construction on Trade Court. They expect the facility to be operational in mid-September.
“Looking to build our own brand and New York State brand we want to provide to social equity people to the state that stays here and allow that money to repair these neighborhoods we’re the middle player of this game, help state rebuild its own wealth,” said Brian Lane, Compliance officer and Owner, Nowave.
New10NBC’s Jennifer Lewke explored how a legal cannabis market may affect Rochester. She went to Massachusetts, a state with a thriving cannabis market, to ask people about the positive and negative impacts of the industry.
You can watch our series here.