MEDIA
HADCO Reaches Deal with Trulieve: Medical Cannabis Company to Create More than 100 New Jobs
HADCO announced in September that it had reached a deal with medical cannabis company, Trulieve WV, Inc. on the sale of more than 70 acres of industrial property and the long-term lease of its 100,000 SQ FT industrial building at HADCO Business Park on Rt. 2 in Lesage, WV. The project is expected to create more than 100 new full-time jobs and comes after more than a decade of site development and millions of dollars in infrastructure upgrades to support business and manufacturing investment on the site.
The company has already initiated operations in the, now leased, HADCO Business Park Building 5, a 100,000 SQ FT steel warehouse and manufacturing building. Trulieve is also investing in the construction of multiple metal buildings of growing, processing and support space for the operation. The operation will support a wide range of jobs in the region and has the potential to add supplier opportunities for West Virginia companies as well.
A total of 37 states and the District of Columbia have legalized cannabis for medical use while an additional 18 states have legalized the recreational use of cannabis. The cannabis industry provided $12.4 billion dollars in legal market wages and represents 340,000 jobs in the United States according to most recent estimates.
“The medical cannabis industry is growing in West Virginia and this new investment will have a significant impact on our local and regional economy, said David Lieving, President and CEO of HADCO. “This project will provide good paying jobs for our residents and will place Huntington, West Virginia at the forefront of the rapidly growing cannabis industry in West Virginia. “HADCO welcomes Trulieve to the Huntington area and wishes the company many years of success.”
Trulieve is one of the largest domestic producers of cannabis in the United States. Headquartered in Florida, they are the leading medical cannabis company in Florida, Arizona, and Pennsylvania and maintain a robust retail network across 11 states. West Virginia marks an entirely new market for the company.
“We are thrilled to be expanding in West Virginia and collaborating with HADCO as we build our operations in the region,” said Kyle Landrum, Trulieve’s Chief Production Officer. “Access to the immense talent and resources in Cabell County and the greater Huntington area is key to our long-term vision and we look forward to providing positive economic impact as we grow together in the coming years.”
Trulieve has hired numerous administrative, managerial and technical staff positions already and more positions are continuing to be brought online. For more information on current and future opportunities please visit the Trulieve website careers page.
HADCO is currently evaluating regional sites and buildings for its next investment opportunity. For more information about HADCO’s economic development program please visit www.hadco.org.
