Pot companies to make pitches to Hadley Select Board  


Staff Writer
Saturday, March 07, 2020

HADLEY — Two companies interested in opening an adult-use marijuana shop in Hadley, including one that is eyeing space inside the Hampshire Mall, are being invited to make their case to town officials this week.

The Select Board on Wednesday is expected to meet with representatives from Hadleaf Holistic Greens Dispensing LLC, of Vernon, Connecticut, and Mint Retail Facilities LLC of Phoenix, Arizona, to learn more about their plans and whether either should be selected as the second and final cannabis retailer the town can license. They were the only two respondents to a “request for quotation” that the board published Dec. 23.

Town Meeting put the two adult-use marijuana retailer cap in place in October 2018.

The first company that has local permission to sell both recreational and medicinal marijuana is The Heirloom Collective, but that has not yet opened for adult-use or medical sales, despite recently getting a special permit from the Planning Board and signing a host community agreement with the Select Board. The business is located at 457 Russell St., near the Amherst town line, inside a renovated former Sunoco gas station.

Town Administrator David Nixon said Hadleaf would go inside the mall, in space last regularly occupied by Ground Round restaurant, which closed in 2008.

Mint is looking at a property between the mall and the Howard Johnson Motel, in the vicinity of the Midas auto repair at 397 Russell St.

The applications, which came to the town in late January, each include a summary of the business plan, prior experience, potential job creation, security plans and a proposed timeline for opening, Nixon said.

Eligibility for each company will be confirmed by the Select Board and then a decision will be made whether to invite either business, or neither one, for a formal application.

At a recent board meeting, Nixon said Mint appears to be in a better financial position to move forward, though both anticipate that they would be ready to begin serving customers by fall.

In addition to the special permit from the Planning Board, they would need to negotiate a host community agreement.

Under the one signed by The Heirloom Collective, the company will pay 1% of gross revenues to Hadley in the first year, with a minimum of $50,000. This will increase to 2% of gross sales, and a minimum of $75,000, and 3%, and a minimum of $100,000, in the second and third years of the five-year deal.

The agreement also calls for a $2,000 donation to Hadley charities.

Scott Merzbach can be reached at smerzbach@gazettenet.com.