A medical-marijuana company hoping to distribute pot in New York has signed a lease in downtown Brooklyn for a dispensary that could open as soon as January.
The firm, PalliaTech, is vying to become one of five companies selected by the state to administer medical marijuana through a tightly controlled program signed by Gov. Andrew Cuomo last summer. And with the application deadline at the end of the week, the Long Island-based company does not appear to be taking any chances. It announced Thursday its lease for a 3,000-square-foot, second-floor space at 425 Fulton St., between Pearl and Jay streets.
“It’s going to look like a super-modern pharmacy,” said Andrei Bogolubov, executive vice president at PalliaTech. “And the clientele will be people registered in the program … there isn’t going to be any walk-in traffic.” [Read more at Crain’s New York Business]
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