By Justin Roshak, Contributing Writer
HUDSON – Cannabis manufacturing and distribution firm Hudson Botanical Processing LLC is looking to expand after a successful six months.
The firm is considering an expansion into a property located at 14 Kane Industrial Drive, which is approximately three miles east of the downtown in the Kane Industrial Park.
“We’re interested in the building across from us,” founder and CEO Brian Adams told the Select Board during their July 12 meeting. “We’re starting to bust at the seams.”
The building at 14 Kane Industrial Drive is 5,750 square feet, of which 5,000 is warehouse space. The remaining space is for offices. The space would support the firm’s growing fulfillment and distribution needs.
“Mainly, it’d be warehousing and small office spaces,” Adams said.
Repackaging cannabis into small units is considered as light manufacturing, Adams added.
Hudson Botanicals has existed for about two years. However, it received its full license in November. The firm’s operations surged in the first half of 2021.
“We just passed a million [dollars] in sales a few weeks ago,” Adams said.
He predicted $3 million in sales over the first twelve months.
That’s part of a statewide trend as the gradual rollout of recreational cannabis licenses has allowed new firms to tap a large, unfulfilled demand. The result has been a boom.
Hudson Botanicals’ current host community agreement entitles the town to $30,000 per $1 million in sales or approximately three percent.
The expansion might open the door to a new arrangement with the Town of Hudson, however.
“If it’s a separate license, it may require two separate host community agreements,” said Executive Assistant Thomas Gregory.
“I’d like you to consider modifying this agreement,” board member Fred Lucy told Adams.
The Select Board did not hold any votes on this matter. The topic will be back before the board as any expansion or agreement modification efforts move forward.