search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aHarry Macklowe faces major losses on Miami, Midtown projectsHarry Macklowe faces major losses on Miami, Midtown projects$1.8B in Parkmerced debt heads to special servicing$1.8B in Parkmerced debt heads to special servicingDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discount
Hamptons Newsletter
Tri-State

Shinnecock Nation ‘hookahs’ up with Phoenix firm on cannabis biz

TILT Holdings Inc. will jointly finance, develop, and operate the Little Beach Harvest facility with a tribe-owned firm

A rendering of Little Beach Harvest
A rendering of Little Beach Harvest, a dispensary and "wellness lounge" proposed for Southampton

The Shinnecock Indian Nation has secured $18 million in funding and a development partner for a cannabis facility project in Southampton, according to Dan’s Papers.

The tribe’s development firm, Conor Green, is working with Phoenix-based cannabis business consultant TILT Holdings. The partnership will finance, build and manage the nation’s planned facility, Little Beach Harvest.

Sign Up for the undefined Newsletter

The nation’s plans call for a two-story dispensary with a drive-through, a lounge, and a 60,000-square-foot cultivation and processing facility.

Its one of several development projects that the Shinnecock Indian Nation has in the works on tribal land, the largest of which are a 20-acre convention center complex and casino.

[Dan’s Papers] — Dennis Lynch

Tags
DevelopmentHamptonsReal Estate And FinanceSouthampton