NBA Hall of Famer and entrepreneur Chris Webber on Tuesday broke ground on Players Only Holdings, a $50 million cannabis production and training facility in Detroit’s Corktown neighborhood. Once completed, the new facility sitting on nine acres near the Detroit River is expected to create hundreds of jobs over the next three years.
Co-founded by Webber with fellow entrepreneur Lavetta Willis, Players Only is a Black-owned business focused on cannabis cultivation, real estate development, brand partnerships and creative content development and management. The 180,000 square foot Players Only facility, dubbed the Webber Wellness Compound, will include a 60,000-square-foot cannabis cultivation operation, an 8,000-square-foot cannabis dispensary and a private consumption lounge.
At Tuesday’s groundbreaking ceremony, Webber announced the creation of a distribution partnership for Players Only branded products with Gage Growth Corp., a leading, Michigan-licensed cannabis operator headed by CEO Fabian Monaco.
“This will be the shining jewel of Michigan. Everything great in Michigan starts in Detroit, and I am excited to collaborate with Gage to bring our premium line of Players Only products to this community,” former Detroit Piston star Webber said in a statement from Players Only. “Gage is the HOF of cannabis operations. With Fabian Monaco as a teammate, this relationship is a winner on every level.”
Courtesy of Players Only HoldingsCookies U Comes To Michigan
Webber also took the opportunity to reveal the Detroit expansion of cannabis training program Cookies U, founded by rapper and cannabis mogul Berner in partnership with The WebberWildWillis Foundation, a nonprofit organization focused on uplifting and enriching Black and Brown communities negatively impacted by the War on Drugs. In a statement, Berner characterized the state of Michigan as “one of the most important markets in the cannabis industry.”
Courtesy of Players Only Holdings
“Detroit is the first city we opened a flagship …
Author: A.J. Herrington / High Times