For the past three years Richard has guided the development of an 18.8-acre Cannabis Park & Campus on Richmond’s North Shoreline, (known as “PowerPlant Park”). In the process he has assembled a management team with over 100 years of combined cannabis experience including two master growers, chief scientist and top Bay Area real estate broker. As well Richard has raised $2.4MM and had hired over 20 local area consultants/architects to guide the company thru the regulatory submissions with the city and state. The company was unanimously granted its CUP entitlements from the Planning Commission on April 18th.
The company has participated in 4 ArcView Forums and as presenting sponsor which led the company in securing all project financing for Phase I-A. Also, participation in these Forums led to the signing of 4 tenant greenhouse leases. Prior to the PowerPlant Park project, in 2014-15 Richard & his team successfully conducted medical operations of an indoor farm in Marin County with over 700 plant-sites.
PowerPlant Park is the first legal project of its kind in the State of California. The Park offers craft-growers and canna-investors the opportunity to immediately obtain a legal address required to secure a State cultivation license. A lease at PowerPlant Park eliminates the 2+year wait to acquire these municipal use permits & state licenses. Tenancy at PowerPlant Park includes a state-of-the-art glass & steel mixed-light hybrid greenhouse w/1100 plant-sites. Phase I will include 15 individual greenhouse units, full-service nursery & processing facility, supercritical C02 extraction lab and model greenhouse & solutions center.
In cooperation with the City of Richmond, RichmondWORKS, PowerPlant has begun to develop a cannabis curriculum for the training of local minorities. Richard has met with representatives of the nonprofit community and has committed, (in its CUP application) to donate a minimum of 5% of PowerPlant Parks net revenues.
Visit, ‘PowerPlant Park’ Could Make Richmond The Cannabis Capital Of Contra Costa County the lead-in story on KPIX, (CBS affiliate) 6PM evening news May 5th, (before 60 Minutes).