More than 100 Native American tribes have reached out to FoxBarry Farms, a management firm building the nation’s first marijuana facility on tribal land, to express interest in the cannabis industry.
FoxBarry CEO Barry Broutman, whose company also works with tribes to build and operate casinos, told The Huffington Post there has been a surge of interest since the Department of Justice’s announcement late last year that tribes are free to grow and sell marijuana on their lands as long as they adhere to specific guidelines.
“I really underestimated,” Broutman said. “So many tribes are wanting to do this right now.”
Broutman, along with the Denver-based United Cannabis Corp., recently inked a contract to build a giant medical marijuana growing operation on the Pinoleville Pomo Nation’s ranch in Northern California. The $10 million, 2.5-acre facility will include spaces for cultivating, processing and selling products under the United Cannabis brand. Broutman said the operation plans to hire 50 to 100 employees, with preference to tribe members.